Exporters can no longer ignore their carbon footprint
Competitiveness will depend on a business’s ability to provide evidence of its carbon consciousness
19 August 2020 - 17:30
SA’s economic survival in a post-Covid world depends significantly on trade. However, the ability to trade internationally depends on an enterprise’s compliance with worldwide standards and regulations, which often involve various trade tariffs.
As part of a global shift towards climate change action, carbon tariffs on imported goods are in the pipeline for regions such as Japan, Europe and the US, in line with the US Clean Energy Security Act. This imposes a carbon tariff on certain developing countries that do not take mandatory emission reduction measures...
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