He was drawing from a buzz phrase made popular by the Chinese, which means doing the bare minimum to get by. Avoid complacency but don’t adopt "catastrophic thinking", says Tharman Shanmugaratnam at the Ecosperity sustainability conference.
Minister Grace Fu suggested that the region's emissions allowance would be better spent on manufacturing industries needed to sustain the aspirations of a young and growing Southeast Asia. Countries besides Singapore are needed to build an Asean renewables-based energy grid.
Analysis of political funding from power firms shows that fossil fuels and renewables companies are donating to influence policy, obtain project approvals and ensure that regulatory bottlenecks are ironed out, experts say.