The Carbon Tax Bill will cut emissions in SA from June

Using the ‘polluter-pays principle’, companies, individuals and public entities will pay the tax for emission of GHGs above emission thresholdsSA’s carbon emissions are disproportionately high. There are various causes for this, the primary one being the country’s reliance on coal in energy generation. To minimise emissions, SA has made several international and national commitments to reduce greenhouse gas emissions.

The law, announced in the 2019 budget speech, comes into effect on June 1 2019. It will operate in two phases: the first from June 1 2019 to December 31 2022; the second from 2023 to 2030.

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More fuel price woes on the horizon as carbon tax is introduced in JuneThose who were hoping for relief in June will be disappointed as the new CO2 tax and uncertain global oil prices do the cost of petrol and diesel no favours.
Source: TimesLIVE - 🏆 28. / 59 Read more »

Another fuel price hike expected as carbon tax kicks in in JuneThose who were hoping for relief in June will be disappointed as the new CO2 tax and uncertain global oil prices do the cost of petrol and diesel no favours The elections are over, and so is all the promises. Now we start paying for empty promises The government needs to subsidize public transport please. In that way we can create more jobs as most workers will opt for a cheaper public transport & save both their mileage on private vehicles & costs associated with it CyrilRamaphosa PresidencyZA MYANC ThuliMadonsela3 Phakama Ramaphosa
Source: SowetanLIVE - 🏆 13. / 63 Read more »

No joy for consumers as carbon tax to negate expected petrol price dropA labour economist said consumers would still be hit hardest even though fuel prices were expected to remain relatively unchanged in the coming weeks.
Source: ewnupdates - 🏆 30. / 53 Read more »

Can Eskom keep lights on in a low-carbon economy?🔒 We are told that Eskom needs new investment in coal mines to keep the lights on even while our banks, reading from a different script, are saying “no, no, no”.
Source: mailandguardian - 🏆 2. / 92 Read more »

Canada inflation rises as carbon levies push up gas pricesCanadian inflation rose slightly in April to 2.0 percent, while gasoline prices soared from the previous month. It's because of Drake's airplane purchase 💀 So, not only in south africa 🤔 And I care about Canada why? This is not relevant news.
Source: eNCA - 🏆 49. / 51 Read more »

Little change predicted for June fuel pricesThe AA reminds its members that the forthcoming Carbon Tax is due for introduction on June 5, and will add a few cents to existing prices.
Source: TheCitizen_News - 🏆 6. / 75 Read more »

Possible fuel price increase expected in June - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The Automobile Association says there is a possibility of a marginal fuel price increase next month. This is due to the forthcoming Carbon Tax - to be introduced on June 5. ...courtesy of the African National Congress!👏👏👏 What about job opportunities mara people CyrilRamaphosa u are not serious yaz hai man We already on 16,76 for heaven's sake 😥
Source: SABC News Online - 🏆 32. / 51 Read more »

Keanu Reeves is building high-end motorbikes – using wheels and parts from JoburgBlackstone TEK builds carbon-fibre parts at a factory in North Riding in Johannesburg, and those are making their way into a celebrity motorcycle line. BISouthAfrica Yip old news that 🤦‍♂️saw it a month back on the box
Source: News24 - 🏆 4. / 80 Read more »

Climate crisis demands a global taxVoluntary emissions cuts do not work: a uniform levy will end corruption and spread the burden of reform more fairly
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Newsdeck: Glasgow aims to become UK’s first net-zero emissions cityGLASGOW, Scotland, May 15 (Reuters) - Glasgow aims to become the first city in Britain to be carbon-neutral in a drive to tackle climate change. People who live in Glasgow should not billow CO2s.
Source: dailymaverick - 🏆 3. / 84 Read more »

More fuel price woes on the horizon as carbon tax is introduced in JuneThose who were hoping for relief in June will be disappointed as the new CO2 tax and uncertain global oil prices do the cost of petrol and diesel no favours.
Source: TimesLIVE - 🏆 28. / 59 Read more »