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Real Economy News in Real Time
R/€ = 16.35 Change: 0.10
R/$ = 14.89 Change: 0.03
Au 1518.72 $/oz Change: 15.04
Pt 957.57 $/oz Change: 13.50
 
 
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Parliament approves long-delayed Carbon Tax Bill

19th February 2019 BY: Reuters

Parliament on Tuesday approved the long-delayed Carbon Tax Bill as it seeks to reduce harmful carbon emissions in Africa's most industrialised and polluting country.

Big energy users including Sibanye-Stillwater and ArcelorMittal's local unit have opposed plans by South Africa to enact carbon tax laws in 2019, arguing the levies are unaffordable and should be scrapped or delayed. 

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EDITED BY: Reuters
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