As the EU prepares to introduce onerous carbon border taxes on imports, a new study has estimated that not only would this raise the price of some key South African exports by up to a third — potentially pricing them out of the EU market — it could also displace exports from other “dirty” nations to Africa, raising competition in our own backyard.

South Africa is exposed because its carbon emissions are relatively high, especially when indirect emissions from the coal-powered national grid are included. In addition, our domestic carbon tax, which can be used to offset the EU’s pending carbon border tax, is relatively small...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.