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The benefits of greener energy and reducing greenhouse gas emissions

Carbon Trading and Taxation 

South Africa’s strategy to make a contribution towards greenhouse gas emission mitigation was adopted by Government in 2011 when the South African Cabinet approved the Carbon Tax Policy Paper. This was after the commitment made by South Africa at the 2009 Copenhagen Conference of Parties to undertake appropriate national actions to curb GHG emissions by 34 per cent by 2020 and a further 42 per cent by 2025. 

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SNC-Lavalin helps customers prepare for new carbon tax

The implementation of a new carbon tax in South Africa is set for 2016 and will require companies to pay tax on a percentage of their greenhouse gas (GHG) emissions. The tax is part of the government’s plan to undertake appropriate national actions to curb greenhouse gas emissions by 34% by 2020 and a further 42% by 2025. This plan follows on commitments made at the 2009 Copenhagen Conference of Parties.

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SA’s Energy Efficient buildings' financial benefits

A new study conducted by Investment Property Databank (IPD) and the Green Building Council of SA (GBCSA) has found that energy efficient (EE) commercial buildings in South Africa deliver better financial returns that non-EE buildings for their owners. This, together with South Africa’s challenging economic climate and the looming 2016 carbon tax system, makes the employment of an EE solution an important investment decision for property and business owners alike.

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