Carbon Tax Act into law and it will come into effect from 1 June 2019.
The carbon tax, which aims to reduce harmful emissions by introducing the polluter-pays principle was first suggested in 2010 but has been postponed several times. Mining companies, steelmakers and Eskom believe it will erode profit and push up the price of electricity.is in the process of lowering emission in efforts to meet agreements on global climate change.
WasteStopsWithME missearthsa Climate change needs to be taken seriously . We need to start now. missearth_sa
We are so damn screwed with this guy baba, I promise you.... 😭😭😭😭😭
Got to give him credit . ..the reason for the timing of the bill proposed plans he said he and his party will look at to ensure they ' improve ' Btw is Eskom fine now its almost June and winter but the lights are miraculous still on ?
What a stupid bill ...you would think we were a first world country? BUT WE ARE NOT !!! This Bill is just to ensure that Cyril Ramaposa can Capture IPPs ...WOW SA voters are STUPID !!!?
solidariteit Ooooo for f....sakes. whats next. Putting a prop on every volcano on earth. When will this global warming nonsense end
please address our President properly. He is President Ramaphosa for crying out loud! Stop with Ramaphosa this and that. It shouldn’t be difficult!
solidariteit Yippee. More tax.
The way to avoid KzN floods and other places isnt so?
Thank you Mr President
Climate change is about money. We need employment and education.
Who ultimately receives the money from the tax?
solidariteit Carbon theft law, more opportunities for politicians to rape, loot and f**k our economy 🖕thanks African Nation Corruption GautengANC
ANC principle, if it moves Tax it, If it does'nt move Tax it as well, just in case.
solidariteit He should enforce the law already in place combatting crime! This is just window dressing and doesn’t address the real problems this country is facing!!!!
Question: How does carbon tax reduce pollution; I know for a fact that the cost will simply be transfered to the consumer and government will get richer and the money embezzled. There are other effective ways of fighting pollution: invest in research on how to minimize co2 pol...
solidariteit You need to be conscious where you fart in public come 1 June, as if ct is a priority in the new dawn. All taxpayers, the tax list just got extended for looting. ALETTAHA OUTASA
And where does the tax go to? It’s supposed to go towards environmental regeneration Surely But I’m guessing not mxm
The stick and there are lots of carrots
Now can he save Blood_Lions SavingPvtRhino and the pangolins the all the other endangered animals is South Africa not forgetting our marine life! gogreen liveethically
What is there to like about it ? Only if there is a guarantee to what will happen with the money !!!
Did USA sign it, what about the EU and China?
Yay more taxes guys. Just what we need. I’m sure the ANC will spend it wisely. 🤡 Meanwhile China and India will carry on polluting the world like there’s no tomorrow. But at least we did our part by paying extra taxes.
So they can steal more Cyril included.
Another useless bill. How about death penalty?
Those who manufacture cars should pay the tax on our behalf as car users. They should tax Ford, Toyota, BMW etc for manufacturing cars that are polluting the environment.
As they move to shutting Eskom's coal powered power plants for IPP's...okay.
Will drug sellers also be paying?😂
All he and his party needs to do is to amend Section 25 of the constitution to allow LAND EXPROPRIATION WITHOUT COMPENSATION our people are starving and youth unemployment rate has passed the 50% mark.
MarciaDavids
You see empty promises improve the country lock up that looters and corrupt buddies of yours now you start with carbon tax is this a ramaphosa scam kak man you not fit to hold that position as PRESIDENT you fooled the DUM ANC MEMBERS that vote for you 'CARBON TAX' se gat man
We are led... 👏
Thank you its about time these companies pay for polluting our land
It’s about damn time, could be too little too late but we live and hope.🙏🏾 Congrats Mr Prez.
TwananoZA Okay, can we please have a follow up on how exactly the money is gonna be spent on.
Perfect, we need to protect our environment
Idiot...cos the sugar tax has reduced obesity am I right
khutso When is he signing an increase into Corporate tax? Why k'mele sife sodwa? The petrol price gonna go up. This is shit!
Would this affect our petrol price 🤦🏽♀️?
I’m so happy . Thank you Mr President
And the price of fuel will hit R20 by December, watch
Finally. This was long overdue
Attracting investment?
BuddyWells1 redgenkosi will this bills help our already poor economic growth? Let alone increase employment nor is a disaster for both?
Like all our other laws,enforcement is highly unlikely.
Many of the costs will, likely, be passes onto the consumer. Considering the deep seeded corruption that exists, it's doubtful the bill will have the desired effect.
Soon we will be paying for oxygen and sunlight
Massive 👀
The president should sign a bill 'no more pit toilets,fix sewerage systems and drainage ,build houses and fix damaged ones'
So president ramaphose is making a 3rd world country pay for a problem it never caused... Look at that... His first bill after his election... If this is a sign of things to come
Fresh taxes for the next batch of cANCer looters to steal. Vote, Steal, Repeat.
When will parties disclose who funds them?
Reu_100 Where does the money go?
As usual humans think they can fix a climate problem with money🤔
What is that now?
Another tax! Developing country!
Thank you president it was long overdue as you know dat polluters pay principle is part of Environmental management principles that we need to adhere 2 according to NEMA Act 108 of 1998. We need to be responsible about pollution we produce, gradle to the grave principle is needed
Lekker soos a kraker
The Ultimate Traitor!?
It's proven that Businesses are prepared to pay for damaging the Environment .. Research shows that that if the incentives are higher than the cost, one would continue about... Environmentalists been lobbying against this strategy of 'Pay the damage'..It's not working, Wil never
More taxes, same pollution. But then, we built nCandle 1 and 2 when we should've supported independent power providers. SlowClap
Hi. Please can we get an in depth analysis of this bill. The article just repeats the headline👎🏾Limits, who it applies to(Eskom😳?) consequences, etc🙏🏾Please.
More tax money for the ANC to steal
Two issues here: Either Sasol and Eskom are exempted, either they both virtually run out of business. If they're exempted, it's unfair competition and won't hold in court. That's the reason for it being delayed for years and I truly hope they have a solid plan to solve this.
BILL OF RIGHTS SAYS -No one may be deprived of property except in terms of law of general application, and no law may permit arbitrary deprivation of property..
How many South Africans will see ANY new tax as income to be squandered, like every other tax?
Where's the new cabinet..... Or the president want to be lyk Mr Zuma, he's gonna release when we sleeping
Eskom, going once going twice...sold to the gentlemen with a new dawn!
President!
ex_post_facto Halala REIPP halala
*President Ramaphosa
Before you criticize the effectiveness of the bill, it's the catalytic effect that would be most valuable to SA.
Austerity
This carbon tax thing is the biggest scam to jit the world
🙆♀️
Passed by 2 house of the living dead yes people, I doubt if CR even knows exactly what it is.
Fuck!? 🤦🏾♂️
It is one of the most ineffective taxes worldwide , yet many countries do it . Lets applaud SA for joining the throng . Simply because they can .
Its meant to reduce emmissions , but truth be told , its just another way of squeezing the already overburdened taxpayer .
Wow he is delivering 😜
The carbon tax is a fiscal instrument that puts a price on greenhouse gases emitted through the production of goods and services.
explain your people what are you going to do with this tax we dare you
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New carbon tax legislation to kick in on June 1New carbon tax legislation to kick in on June 1, energy-intensive companies worry about its effect on business 🔒 This tax will cost some companies R40m a year, destroying its profitability. Not surprised they want to exit South Africa. ronellepretor arquatrix whatonearthSA above
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