NewsWorld News

South Africa imposes carbon tax

South Africa’s President Cyril Ramaphosa has signed into law a long delayed carbon tax which aims to lower the emissions of one of the continent’s worst polluters.

From the beginning of June a tax of around $8 (£6) per tonne of carbon dioxide will be levied, although due to tax breaks the amount of money paid will often be far less.

Environmental campaigners say the new tax will not enable South Africa to meet the emissions targets the country signed up for in the 2015 Paris Agreement.

South African motorists are likely to feel the effect of the new tax with fuel prices set to rise later this week. -BBC

See also  More pain for poor Kenyans as Kerosene cost raised in new fuel prices review

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button