Many of you will no doubt have looked at the budget speech already. It includes quite a bit on climate change explicitly, and other items that are directly related:
- a recognition that climate change may require us to change our growth path (p. 6-7):
- puts under scrutiny for implementation" options from an earlier paper on environmental fiscal reform, which many of you will have seen - specifically mentions (p. 22) " include the use of emission charges and tradable permits, tax incentives for cleaner production technologies and reform of the existing vehicle taxes to encourage fuel efficiency" (p. 22)
- announces a 2 c/ kWh tax on non-renewable electricity, generating R2 billion in 2008/9 and R 4 bn in 2009/10, - and gives R60 bn to Eskom (p. 24)
Di Mellon
Secretary :
Southern African Faith Communities' Environment Institute
Ph: 021 7018145
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