Reducing carbon emissions is increasingly becoming a business imperative. The introduction of tax incentives and the possibility of a carbon tax on the horizon make reducing greenhouse gas emissions good business sense, according to Dom Chennells.
With a view to enabling South Africa to meet its commitments in term of the Paris Agreement on Climate Change and reduce greenhouse gas emissions, the government has touted the introduction of a Carbon Tax from next January.
“But, if companies focus on the ‘carrot’ rather than the ‘stick’, they will truly be able to appreciate the benefits of implementing carbon-reducing energy solutions such as solar power,” explains Dom Chennells, CFO of SOLA Future Energy.
“Cost drivers for many businesses are likely to be the ones that produce the most greenhouse gases, such as fossil-fuel generated electricity, business travel, and waste disposal,” he points out.
Chennells adds that supplementing a business’ energy mix with a solar photovoltaic (PV) system is a cost-effective way to reduce operating costs and carbon emissions in the long run.
Source............
With a view to enabling South Africa to meet its commitments in term of the Paris Agreement on Climate Change and reduce greenhouse gas emissions, the government has touted the introduction of a Carbon Tax from next January.
“But, if companies focus on the ‘carrot’ rather than the ‘stick’, they will truly be able to appreciate the benefits of implementing carbon-reducing energy solutions such as solar power,” explains Dom Chennells, CFO of SOLA Future Energy.
“Cost drivers for many businesses are likely to be the ones that produce the most greenhouse gases, such as fossil-fuel generated electricity, business travel, and waste disposal,” he points out.
Chennells adds that supplementing a business’ energy mix with a solar photovoltaic (PV) system is a cost-effective way to reduce operating costs and carbon emissions in the long run.
Source............
RSS Feed
