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RE: LeoThread 2025-06-07 09:23

in LeoFinance4 months ago

Part 8/11:

A more daunting philosophical question challenges the project: Is investing significantly in engineering solutions the most effective way to adapt to climate change, or should emphasis be placed primarily on reducing greenhouse gas emissions? Singapore aims to achieve a balance, aspiring for the islands to operate as carbon-neutral once complete while incorporating renewable energy production.

Economic Justifications and Regional Implications

With a price tag of $100 billion, the Long Island Project is Singapore's most expensive infrastructure initiative to date, equating to about 20% of the nation’s annual GDP. Proponents highlight several anticipated returns on this investment including disaster prevention, creation of valuable real estate, and enhanced water security.