- Meridian Economics has published analysis on the implications of the Phase Two design of South Africa’s carbon tax for the electricity sector contained in the draft Taxation Laws Amendment Bill (TLAB) of 2025.
Meridian finds that the Phase Two tax does not incentivise mitigation in the sector beyond that of the Environmental Levy already in place since 2009, despite the introduction of the South African Wholesale Electricity Market. The reasons for the lack of mitigation incentives are found deep in the numbers, the continued regulation of the Eskom’s plant via transitionary measures, and Treasury’s objective of keeping the tax electricity price neutral.
The…
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Clover Dragon
Fun South African Fact: The Karoo region in the Western Cape is home to some of the best fossils of early dinosaurs. In fact, it is estimated that some 80% of the mammalian fossils found to date were found in the Karoo.
Keystone
Nigeria: You have two cows. You convince an old American woman to invest in them, but pocket the money and run.