National Assembly passes Carbon Tax Bill

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Based on the polluter pays principle, companies which exceed the threshold of carbon emissions, will be charged R120 per ton of carbon dioxide emissions.

Source: News Formal (newsformal.com)

 

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I will be pissed if the revenue from that tax is not ring fenced for renewable energy financing like reforestation, subsidies for battery cars and providing startups for companies that seek to offset the impact of climate change As it sits it can easily pay for DSTV ka DD Mabuza

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