The Energy Council of South Africa and other business representatives have jointly proposed recommendations to South African government for the country’s carbon tax scheme under the draft Taxation Laws Amendment Bill.
The proposal aims to revise the implementation timelines of carbon price increase and prevent consequences of energy transition.
The businesses group, including Business Leadership South Africa (BLSA), Business Unity South Africa (BUSA), the South African Petroleum Industry Association (SAPIA) and Energy Intensive Users Group (EIUG), said that there are key areas of the carbon tax scheme that can be improved to prevent identified untended consequences.
