×
×
Project Insights

SA carbon tax to drive green transition long term

The new carbon tax could help force the country to transition from coal to green energy, even if the immediate impact will be modest The new carbon tax could help force the country to transition from coal to green energy, even if the immediate impact will be modest.
By Leigh Elston 6 June 2019 Middle East & Africa / Policy & Regulation 0 34285
The Duvha coal power station in South Africa. (Eskom)

The key issue: South Africa’s carbon tax took effect on 1 June after more than nine years in consultation. The measure will eventually help drive the country’s green energy transition towards its targets under the Paris climate agreement.

Interfax analysis: The first phase of South Africa’s new carbon tax – which will run until 31 December 2022 – will be more symbolic than actually significant in driving down the country’s carbon emissions, chiefly because of its generous distribution of tax-free emissions allowances.

Carbon in South Africa is...