Carbon Offsets Daily

Daily carbon offset news, insight, community.

South Africa Considering Carbon Tax; No Time-Frame, Reductions Target Specified

South African Environment Minister Marthinus van Schalkwyk declared his country is considering implementation of carbon tax and other steps to tackle global warming, and the Treasury will prepare a report on these strategies for the cabinet. The government wants to begin with a low tax, gradually increasing it by 2020.

Although Mr. Schalkwyk did not mention any clear, measurable reduction targets, the announcement was welcomed by the SA Climate Action Network and WWF South Africa. Richard Worthington, a representative of Climate Action Network, predicts the South African government may announce exact targets and time-frames in the upcoming Copenhagen meeting in December 2009.

TAGS: None

Leave a Reply

© 2009 Carbon Offsets Daily. All Rights Reserved.

This blog is powered by Wordpress.