Ismail Momoniat says SA miners have bigger worries than carbon tax
Amplats estimates the tax could cost it up to R300m while the Minerals Council of SA warns of 6,000 job losses a year
25 July 2019 - 05:07
A senior Treasury official dismissed as a "red herring" the SA mining industry’s concern over a relatively new tax on carbon dioxide emissions, saying the levy was too low to add up to unbearable costs.
The tax, which was enshrined into law in May, faced opposition from big polluters such as miners, steelmakers and Eskom, which had warned it would eat into profits and push up electricity prices...
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