In its bid to tackle climate change, the South African government has thrown most of its weight behind setting a price on carbon emissions. The tabling of the Carbon Tax Bill in late November 2018 was the culmination of a fight that has lasted almost a decade. Given that the combatants are still at it, who are they and what do they stand to lose?
I. Through the eyes of the rich
"The ratification of the 2015 Paris Agreement emphasises the reality that we will have to prepare to operate in a carbon-constrained economy over the medium to long-term."
So there you have it: "Reality" as defined by the government of the Republic of South Africa. And yet the wake-up call, hidden in an annexure to a memorandum sent out by National Treasury on 21 November 2018, had nothing on the ice-bucket that was dumped on the sleeping nation the day before.
"Climate change poses the greatest threat facing humankind," finance minister Tito Mboweni declared, during the tabling of the Carbon Tax Bill in parliament on 20 November, "and South Africa intends to play its role in the world as part of the global...
Read the full story on Daily Maverick.
AllAfrica publishes around 600 reports a day from more than 150 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.
Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.
AllAfrica is a voice of, by and about Africa - aggregating, producing and distributing 600 news and information items daily from over 150 African news organizations and our own reporters to an African and global public. We operate from Cape Town, Dakar, Abuja, Monrovia, Nairobi and Washington DC.