Carbon emissions could become taxing for big South African polluters

To cut greenhouse gas emissions and help the country transition toward a low-carbon economy, South Africa has proposed introducing a carbon tax, starting in 2016.

South Africa generates close to 90 percent of its electricity from coal-fired power plants and is the 12th highest emitter of greenhouse gas carbon dioxide from the consumption of energy.

The tax was slated to take effect in 2015 but in February this year National Treasury announced it would be pushed back to January 2016, citing the need for “further consultation.”

This short news video for the Inter Press Service explains how the carbon tax would work and also looks at how it may affect the carbon offset market in South Africa.

 

Image via wikimedia commons.

 

Brendon Bosworth is urbanafrica.net’s editor. He is also a freelance journalist.

 

 

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