Business & Industry Climate Change Treasury

Carbon tax policy needs greater certainty, coherence to entice private sector buy-in

The lack of long-term certainty associated with the proposed carbon tax policy and an absence of coordination between this prospective legislation and existing carbon-reduction mechanisms must be dealt with to secure policy buy-in from the private sector, it was revealed on Thursday.

Representatives from organisations and businesses active in the green economy and clean energy sectors affirmed at an ENS Africa carbon tax breakfast that there was a pronounced degree of uncertainty relating to the carbon tax legislation, most notable of which was a lack of clarity around the permanence of the policy itself.

Concerns were also raised around the manner in which the policy would interact with other climate change mitigation mechanisms that have been proposed or that exist under the National Climate Change Response Policy banner. Read on Engineering News >

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