South African industries breathed a sigh of relief on Wednesday as treasury decided to delay the implementation of the proposed carbon tax to 2016.
According to the treasury, this was in order to align the design of the carbon tax to desired emissions reductions outcomes being developed by the department of environmental affairs. Following extensive public consultation on the proposed tax during 2013, a number of adjustments to the policy proposal would also be made, the treasury said in its 2014 Budget Review. Read more...
According to the treasury, this was in order to align the design of the carbon tax to desired emissions reductions outcomes being developed by the department of environmental affairs. Following extensive public consultation on the proposed tax during 2013, a number of adjustments to the policy proposal would also be made, the treasury said in its 2014 Budget Review. Read more...
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