Sunday, August 3, 2008

SAfrica's ambitious climate change strategy may include carbon tax

JOHANNESBURG (AFP) 2 August 2008 — South Africa's government has set out an ambitious proposal to deal with climate change in the coming years, including slapping a possible carbon tax on carbon dioxide-spewing industries.

Saying the world faced "a global climate emergency," the environment ministry unveiled the strategy geared toward reducing greenhouse gases last week.

"The world faces a global climate emergency. It is now clear that only action by both developed and developing countries can prevent the climate crisis from deepening," environment minister Martinus Van Schalkwyk said in a statement.

The plan, which includes stringent energy efficiency measures, has been endorsed by the cabinet, though parliament must still approve it. Finance officials are investigating ways of implementing the tax. More >>>