Carbon tax is an opportunity: expert

  • 📰 eNCA
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 51%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

Songo Didiza said business owners should approach the law as an incentive to change the way they do business.

The long-delayed carbon tax will come into effect on Saturday. But what does this mean for a country with low economic growth and an unemployment rate of 27.1 percent? Courtesy of #DSTV403

JOHANNESBURG - The long-delayed carbon tax will come into effect on Saturday and with it, expectations that the fuel price and the cost of electricity will rise.Songo Didiza, Founding Director of Green Building Design Group, stated the new law is not a punishment but an opportunity to invest in cleaner processes.Didiza said business owners should approach the law as an incentive to change the way they do business.

She said,"there are incentives in place to minimise corporate tax liability and add value to the environment."

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Taxing us for breathing is an opportunity for the political elite to not take part in this “action” against “climate change” and full their pockets even more from the tax payers. All using the fear of “climate change” that’s backed up by pseudo-science.

Just 1 quick question. How is the average small business owner supposed to afford cleaner alternatives if they milk us dry with tax? Larger corporations yes, but we can't afford electricity and fuel hikes anymore!

CR has been in office less than a week & there must ne no misunderstanding. I've learned what that democracy in the ANC actually means, & the whole SA have been joined to another object by an inclined plane wrapped helically around an axis. It's gonna get wore from here on out.

We'll support Zille's tax revolt.

Really sceptical about this, especially in the current economic climate and rate of unemployment

Since when can money fix a climate problem?

You voted ANC

ANC babaaa bawathollile ama vote ba grand😬😬😬

Bullshit, this is another way to fleece the companies trying to make a paltry profit in this country. 🤮🤮🤮🤮

A chance to screw us over even more

Just because an expert gives an opinion, we must accept. Voetsek

Nonsense!

An opportunity to tax us more

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 49. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

New carbon tax legislation to kick in on June 1Energy-intensive companies worry about its effect on business
Source: BDliveSA - 🏆 12. / 63 Read more »

New carbon tax legislation to kick in on June 1New carbon tax legislation to kick in on June 1, energy-intensive companies worry about its effect on business 🔒 This tax will cost some companies R40m a year, destroying its profitability. Not surprised they want to exit South Africa. ronellepretor arquatrix whatonearthSA above
Source: BDliveSA - 🏆 12. / 63 Read more »

OPINIONISTA: Standard greenwash: A coal-fired power plant spews carbon — no matter what the bank saysTalking about climate change, Standard Bank seems to be on its way to a new advertising slogan: Doing the right business the right way. Except it won’t do that.
Source: dailymaverick - 🏆 3. / 84 Read more »

How will carbon tax impact you? | IOL Business ReportSouth Africa has experienced environmental challenges, with the recent floods in KwaZulu-Natal and drought in Cape Town in 2018. Another making scheme. The levels of the ocean have not increased at all over the last 20 years, and the ice caps are growing thicker each year. Climate change is more liberal lunacy.
Source: IOL - 🏆 46. / 51 Read more »

Change for climate a risky business | Business | M&G🔒 Science is giving us less and less time to get our climate act together while observable weather patterns, whether it is drought in the Western Cape or cyclones in Mozambique, tell us that climate breakdown is already here. It's the very thing the industry needs. If Durban floods and what has happened to Mozambique and Zim is anything to go buy taxation is the cheapest for of punishment we need for atonement. As long as we use the Canadian solutions
Source: mailandguardian - 🏆 2. / 92 Read more »