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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Carbon tax: too little for environmentalists; too much for businessThe tax, introduced in June, is considered too weak at its current level by some, but mines and unions are more worried about job losses
Source: BDliveSA - 🏆 12. / 63 Read more »
Carbon tax: too little for environmentalists; too much for businessThe tax, introduced in June, is considered too weak at its current level by some, but mines and unions are more worried about job losses
Source: BDliveSA - 🏆 12. / 63 Read more »
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