Tax break and subsidy boost Sasol pollution, institute says
Fuel maker said to benefit from government emissions policy and fuel price regulation technology
13 October 2020 - 19:36
Sasol received a $490m (R8bn) profit boost in 2019 thanks to SA’s fuel subsidies and its exemption from an SA carbon tax, the International Institute for Sustainable Development (IISD) says.
The institute says in a report that though Sasol’s proprietary coal-to-fuel technology is a big source of greenhouse gases from its Secunda plant it still benefits from government policy on emissions and fuel price regulation...
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