While businesses only need to calculate their liability and submit their carbon tax return once a year, compliance with the Carbon Tax Act itself is not a once-off accomplishment, nor is it as difficult to achieve as some organisations think...
Eckart Zollner 7 Apr 2021
The Department of Environment, Forestry and Fisheries recently issued a notice governing the submission of "Subsequent Pollution Prevention Plans" and the Proposed process to manage carbon budgets for the period 1 January 2021 to 31 December 2022...
Gillian Niven and Paula-Ann Novotny 3 Nov 2020
The South African Department of Mineral Resources and Energy's (DMRE's) Independent Power Producers Programme Office (IPPPO) aims to procure 2,000MW of electricity in its latest request for proposal (RFP)...
Janine Espin 29 Oct 2020
The first period for filing of carbon tax returns opened on 1 October 2020, and will close on 29 October, at 3pm. During that limited timeframe, carbon taxpayers are required to file their initial tax returns, using SARS eFiling, and pay carbon tax liability for operating emissions of greenhouse gas between 1 June and 31 December 2019...
Issued by LexisNexis 5 Oct 2020
On 19 June 2020, Minister of Finance, Tito Mboweni, finalised the next set of regulatory mechanisms applicable to the Carbon Tax Act, 2019 (the Act)...
Paula-Ann Novotny and Gillian Niven 26 Jun 2020
The nationwide lockdown in South Africa and its associated road travel bans have shown that massive reductions in emissions are possible, which can be continued post-lockdown if the industry...
Eckart Zollner 18 May 2020
Mining is one industry that needs to gear itself for phase 2 of South Africa's Carbon Tax Act which will commence in mid-2022...
Francois du Plessis 28 Apr 2020
At the 2015 United Nations Climate Change Conference in Paris, countries set goals that require halving carbon emissions by 2030. In a new piece in Nature, Professor Harald Winkler, as part of an international team, delivers the bad news that the emissions gap...
As the 14th largest emitter of carbon dioxide in the world, South Africa has a pressing responsibility to drive a positive response to climate change...
Following the coming into effect of the Carbon Tax Act, National Treasury is seeking public comment into the Draft Regulations for Trade Exposure Allowance and the Draft Regulations for the Greenhouse Gas (GHG) Emissions Intensity Benchmarks...
The Integrated Resource Plan 2019 (IRP2019) is the latest addition to the array of legal instruments South Africa has adopted to transition to a low-carbon economy and as part of its commitment to adapt to and mitigate against climate change under the international climate change framework...
Gillian Niven, Paula-Ann Novotny and Jeanique Pretorius 12 Nov 2019
Cova Advisory and Xnovos have announced a new partnership to produce a software system to help companies to cope with the demanding requirements of the new Carbon Tax...
The Carbon Tax Act, which came into effect on 1 June 2019, aims to impose a carbon tax on emitters of greenhouse gases, and is illustrative of South Africa's view on global issues such as climate change and global warming...
Athi Jara 6 Sep 2019
The Carbon Tax Act has recently come into effect in South Africa with the aim to penalise large emitters of greenhouse gases to minimise the climate risks that hydrocarbon fuels present...
Ben Pullen 17 Jul 2019
Legal professionals will need access to up-to-date legislation and case law to continue to serve the needs of their client base in 2019...
Issued by LexisNexis 25 Jun 2019
The Carbon Tax Act and Customs and Excise Amendment Act were approved by the President in May, with the purpose of the latter to provide for the administration and collection of Carbon Tax revenue...
Virusha Subban and Matthew Tout 7 Jun 2019
The African Climate Reality Project (ACRP) welcomes the implementation of a carbon tax in South Africa as of 1 June 2019...
Noelle Garcin 3 Jun 2019
Climate change needs urgent action by all countries, and by all means...
Harald Winkler and Andrew Marquard 31 May 2019
President Cyril Ramaphosa has signed the Carbon Tax Act into law and it will come into effect on 1 June 2019 to reduce the impact of climate change following the polluter-must-pay-principle, taxing greenhouse gas (GHG) emissions...
It is a new year filled with promise and new opportunities to address our increasing climate challenges...
Songo Didiza 18 Jan 2019
There are currently several pieces of environmental legislation being updated or coming into force, with which the mining industry will be obliged to comply...