Carbon tax

Parliament approves long-delayed Carbon Tax Bill 19th February 2019

Parliament approves long-delayed Carbon Tax Bill

19th February 2019 BY: REUTERS

Parliament on Tuesday approved the long-delayed Carbon Tax Bill as it seeks to reduce harmful carbon emissions in Africa’s most industrialised and polluting country.

Big energy users including Sibanye-Stillwater and ArcelorMittal’s local unit have opposed plans by South Africa to enact carbon tax laws in 2019, arguing the levies are unaffordable and should be scrapped or delayed. 

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