Carbon tax: too little for environmentalists; too much for business

The Minerals Council SA, which represents mining companies employing 450,00 people, says the tax could wipe out 6,800 jobs in the next two years, then about 6,000 jobs annually after that.

Eskom, which produces more than 90% of SA’s electricity and more than a third of its greenhouse gas emissions, says the national plan to meet Paris Agreement targets include winding down its coal-powered stations and boosting low-carbon energy production.

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