Carbon tax expected in South Africa

Cape Town, South Africa: A government discussion paper, Reducing Greenhouse Gas Emissions: The Carbon Tax Option, published in December suggests government intends to place additional taxes on major users of fossil fuels says Cliffe Dekker Hofmeyr Inc

“All potential emitters of green house gas should respond to the discussion papers to protect their interest,” says the legal firm.

The details of the proposed tax and schedule for its introduction will be announced in the 2012 Budget.