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Reducing carbon emissions is increasingly becoming a business imperative. The introduction of tax incentives and the possibility of a carbon tax on the horizon makes reducing greenhouse gas emissions good business sense.
With a view to enable SA to meet its commitments in term of the Paris Agreement on climate change and reduce greenhouse gas emissions, the government has touted the introduction of a carbon tax from January 2019. But, if companies focus on the "carrot" rather than the "stick", they will truly be able to appreciate the benefits of implementing carbon-reducing energy solutions, such as solar power.
Cost-drivers for many businesses are likely to be the ones that produce the most greenhouse gases, such as fossil-fuel generated electricity, business travel, and waste disposal. Supplementing a business’s energy mix with a solar photo-voltaic (PV) system is a cost-effective way to reduce operating costs and carbon emissions in the long run.
To date, tax incentives have bee...
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