Business groups unite in calling for slower rollout of carbon tax
Groups say they are committed to reducing emissions but cannot afford the proposed tax rates and raise the capital to grow or invest in new low-carbon products and services
13 September 2022 - 15:23
UPDATED 13 September 2022 - 22:45
Business groups have called for an extension to the implementation of the government’s carbon tax regime to take account of the sluggish economy, the enormous costs involved in the transition to net zero, and the need for energy security.
The Energy Council of SA, Minerals Council SA, Business Leadership SA, Business Unity SA, the SA Petroleum Industry Association and the Energy Intensive Users Group made the suggested changes to the Taxation Laws Amendment Bill in a letter to Joe Maswanganyi, the chair of parliament’s finance committee, which will hold public hearings on the bill on Wednesday...
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