SA carbon tax baffles critics who look to EU

posted under Promethium in the News on 17 May 2013

Source: Mining Markets

At a time when European government retreat from punitive carbon pricing regimes to stimulate their economies, South Africa intends on introducing punitive measures for carbon emissions with its proposed carbon tax policy.

National Treasury last week published the second policy paper, aimed at introducing carbon taxes for read more »

Confusion reigns over Carbon Tax Policy

posted under Promethium in the News on 16 May 2013

Source: IT-Online

There is still confusion regarding the details and implementation of the new carbon tax, set to become effective in 2015.
The Carbon Tax Policy Paper, released last week by National Treasury, has clarified some issues, but a number of pressing questions still remain.
Chief among these is who the tax read more »

Promethium Carbon launches carbon footprint calculator

posted under Promethium in the News on 13 May 2013

Source: Engineering News

Promethium Carbon hosted a press conference and information session regarding the Carbon Tax Policy Paper that was released by National Treasury on 2 May 2013.

The carbon and climate change advisory firm also launched a carbon footprint calculator on that same day. This tool analyses the carbon footprint against the currently read more »

Carbon Tax policy aligns with international trends, but gaps remain

posted under Promethium in the News on 10 May 2013

Source: Engineering News

As South Africa moved to become a carbon-taxed economy by 2015, gaps emerged in the proposed policy as to how the country would account for its emissions and who would be responsible, says carbon advisory firm Promethium Carbon.

South Africa planned to mitigate its high greenhouse-gas (GHG) emissions read more »

Promethium Carbon’s latest comments on the Carbon Tax Policy Paper of 2 May 2013

posted under Promethium in the News, Resources and Information on 08 May 2013

National Treasury published the Carbon Tax Policy Paper – Reducing Greenhouse Gas Emissions and Facilitating the Transition to a Green Economy on 2 May 2013. This document builds on a succession of documents including the Draft Policy Paper – A Framework for Considering Market-Based Instruments to Support Environmental Fiscal read more »

Promethium Carbon initial comments on the Carbon Tax Policy Paper of 2 May 2013

posted under Promethium in the News on 03 May 2013

This is the initial comments of Promethium Carbon on the Carbon Tax policy Paper.  These comments are made after the initial read of the document and may change as we have more time to study this complex issue.

The good news

There are a number of good news items included read more »

GHG validation and verification

posted under Promethium in the News on 18 Apr 2013

Source: 25 Degrees in Africa

SANAS provided accreditation to GHG validation and verification bodies in South Africa. The South African National Accreditation System (SANAS) has launched its latest accreditation programme for the accreditation of greenhouse gas (GHG) validation and verification bodies, for use in related forms of GHG recognition against read more »

Classic FM Broadcast: Gas Week 2013

posted under Promethium in the News on 17 Apr 2013

Source: Classic FM 102.7 

Mrs Harmke Immink, director at Promethium Carbon, joined Classic Business and Classic Government on Classic FM 102.7 on Tuesday evening 9 April 2013 for a discussion about gas, in light of Gas Week 2013. This panel discussion covered many aspects relating gas, i.e. its contribution to read more »

Carbon Tax Route to revenue

posted under Promethium in the News on 16 Apr 2013

Source: Electric Light & Power Magazine

CARBON TAX Route to revenue Is SA’s impending tax on greenhouse gas emissions really being imposed for environmental reasons? read more>>

Initial Framework for Carbon Offset Opportunities and Verification Options

posted under Promethium in the News, Resources and Information on 15 Apr 2013

This document was prepared under a contract from Business Unity South Africa (BUSA). The context of the document is the reference to carbon offsets made in the Tax Proposals, Budget 2012 (SARS,2012, p 8).

This study covers the following:

  • An assessment of the potential for and opportunity available for carbon offset read more »
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