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​News | What the 2015 haze cost S'pore: $1.83 billion

Published on: 17-Sep-2019

The Straits Times, page A16

Euston Quah, the Albert Winsemius Chair Professor and head of economics at NTU Singapore and Chia Wai Mun, associate professor of economics, wrote in a joint commentary that a study of the economic burden of the haze shows that it cost each Singapore resident $468, or $1.83 billion overall. Quantifying the cost helps in planning a budget to mitigate or avert the haze. As for the intangible cost of haze, they estimated that an average Singapore resident is willing to pay up to $118.04 from his or her annual income for haze-free air year round if the duration of haze is expected to last for two months. This suggests that Singapore residents experienced sufficiently negative impact of air pollution on their day-to-day lives during the haze periods such that they are willing to trade off personal wealth for better air quality. They suggested that the Singapore Government can take an even more active role in encouraging programmes that allow for work-from-home and study-from-home. 

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