Finance Minister Pravin Gordhan’s budget has been generous to the environment, with extended funding and clarity on the carbon tax.
Wednesday’s budget should include some finality on the mooted carbon tax and hopefully a change in the business sector’s attitude will come with it.
South Africa’s national development plan and the ANC’s proposals have people talking, although the proposal is still a draft document.
Carbon tax which will reward and punish businesses accordingly will be introduced next year.
South Africa stands to gain much from the tax in terms of both monetary and environmental benefits, but business warns of job losses.
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/ 13 September 2011
Australian Prime Minister Julia Gillard has introduced her government’s carbon tax plans into Parliament to legislate a price on pollution.
They call Wollongong "carbon central", but in Australia’s polarised climate change debate, this mining hub is not central at all.
Australia announced its introduction of a carbon tax last week and South Africa’s plans for an emissions tax are reasonably advanced.
Lights will go out around the world on Saturday with hundreds of millions of people set to take part in the Earth Hour climate change campaign.
Carbon taxes have been shelved for a year, but the levy on electricity generated from non-renewable and nuclear energy will rise.
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/ 15 December 2010
South Africa is likely to phase-in a carbon tax on fossil fuel inputs as part of new measures to curb carbon dioxide emissions.
Deputy President Kgalema Motlanthe on Tuesday defended a carbon tax that seeks to "green" the South African economy.
Though the CO2 tax is environmentally friendly, it is bruising the motorist, writes Lynley Donnelly.
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/ 11 November 2008
As the economy shrinks, the taxman will struggle, writes Lynley Donnelly.
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/ 15 September 2008
Cabinet is backing a radical new tax policy to combat climate change, writes Kevin Davie.