ERC comments on second Draft Carbon Tax Bill

12 Mar 2018 - 16:30

ERC comments on second Draft Carbon Tax Bill. 

The Finance Minister announced in the 2018 Budget Speech that the carbon tax  “will be implemented from 1 January 2019.”  Given that implementation next year, it is crucial that a well-designed tax is implemented. This means among other things an effective tax rate, which is adjusted in relation to our national mitigation goal; and instead of ill-founded allowances including a Jobs and Competitiveness Programme.  These comments are based on ERC research and build on comments on previous discussion and policy documents by National Treasury.

ERC Carbon Tax Bill Comments