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South Africa launches Carbon Offset Administration System

The implementation of the South African Carbon Tax has finally reached completion with the launch of the Carbon Offset Administration System (COAS). This follows the gazetting of the regulations on trade exposure and performance benchmarks one…
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Carbon Tax Payment Deadline Extended Due to COVID-19

President Cyril Ramaphosa, on Tuesday night,  announced a three-month delay in first carbon tax payments as part of an extensive set of financial measures worth R500 billion to help companies deal with the COVID-19 pandemic.  Where the…
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UN aviation body ditches older carbon credits from offsetting scheme

Article by GreenBiz  The global aviation industry has taken a key step forward in agreeing rules for carbon offset credits in its global greenhouse gas reduction scheme, as the sector reels from the economic fallout of the escalating coronavirus…
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Coronavirus Could Slow Efforts to Cut Airlines’ Greenhouse Gas Emissions

Article by The New York Times  The Coronavirus pandemic is pushing the global aviation idustry into financial crisis, complicating ongoing efforts to tame airlines' greenhouse gas emissions, which had been rapidly growing in recent years.…
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Carbon offsetting explained

What is carbon offsetting?  With increased consciousness around the climate change crisis, many businesses and individuals are doing their best to decrease their harmful environmental impact. While it is near impossible for anyone to reduce…
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Secure carbon offsets NOW and pay less carbon tax in June 2020

It has already been 4 months since the South African Carbon Tax was implemented on the 1st of June 2019. This has seriously caused businesses to start exploring options to reduce the subsequent tax liability. During the first phase (June…
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‘Weak’ carbon tax to be significantly strengthened from 2023 – Treasury official

Article originally published on Mining News Weekly on 9 July. A leading National Treasury official has warned industry to prepare for a significant strengthening of South Africa’s carbon tax during the second phase of implementation, which…
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IETA welcomes SA Carbon Tax

Last month IETA welcomed the formal launch of South Africa’s carbon tax and offset law, the first such measure in Africa. See below the press release, released: The tax of R120 (US$8) per tonne of CO2 equivalent will be assessed on…
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Carbon Tax Bill Signed Into Law By Ramaphosa

This article was written by Climate Neutral Group on May 24 2019. After nearly a decade of negotiations, the Carbon Tax Act and the Customs and Excise Amendment Act were both officially gazetted on Thursday (23 May) and will come into effect…
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Carbon tax gets a muted welcome

Polluting Factory
Written by Tshegofatso Mathe, originally published on Daily Maverick on 15 Mar 2019 A carbon tax from June  1 this year will add 9c a litre to the petrol price and 10c to diesel. This comes on top of the recent hike of 74c a litre to cover…