Local pilot carbon offset trade to show carbon tax relief measures

posted under Promethium in the News on 21 Aug 2014

Source: Engineering News

Carbon advisory firm Promethium Carbon aims to conduct a pilot carbon offset trade by the end of this year.

This pilot trade is in preparation for a future local carbon offset trading programme, says Promethium Carbon director and carbon adviser Harmke Immink.

“Promethium Carbon is currently in discussions with companies interested in buying the carbon credits and clean development mechanism projects that have issued credits to sell, and will facilitate the trade on the JSE through the proposed carbon offset system,” Immink says, noting that the aim is to show how businesses can use relief measures from South Africa’s read more »

South Africa’s Carbon Trading

posted under Promethium in the News on 21 Aug 2014

Source: CCTV

Mr Robbie Louw, a director at Promethium Carbon has been interviewed by CCTV regarding carbon trading and what this means for  South Africa.

Please click on this link to watch the video

 

 

 

UK to fund SA carbon trading experiment

posted under Promethium in the News on 21 Aug 2014

Source: Business Report (Mercury)

Britain will grow funding for a plan to help coal-rich South Africa develop a carbon trading market in an attempt to rein in its rising greenhouse gas emissions.  The British High Commission in Pretoria said last week that it would fund a pilot programme for emissions trading from next year to help firms prepare for a carbon tax of R120 a ton expected to come into force in 2016.

The grant’s value was not disclosed.

The launch of the local carbon tax, which would apply to major emitters such as ArcelorMittal South Africa, Eskom and Sasol, was delayed by a year read more »

New greenhouse gas management requirements

posted under Promethium in the News on 18 Aug 2014

Source: Mechanical Technology

In this article, Robbie Louw of Promethium Carbon, a carbon advisory firm, talks about the management of greenhouse gas emissions and the imminent shift from voluntary actions to legislated emission reduction and disclosure requirements.

Companies in South Africa have, to date, managed greenhouse gas (GHG) emissions internally and on a voluntary basis and most listed companies have made information about their climate change work public through annual reporting.

Companies listed in the JSE Top 100 have participated in the Carbon Disclosure Project on a voluntary basis.  This initiative is a comprehensive climate change reporting platform that looks at all climate read more »

Carbon trading market in pipeline

posted under Promethium in the News on 15 Aug 2014

Source: Daily News (Late Final)

BRITAIN will expand funding for a programme to help coal-rich South Africa develop a carbon trading market in an attempt to rein in its rising greenhouse gas emissions.

The British High Commission in Pretoria said last week that it would fund a pilot emissions trading programme  from next year to help companies prepare for a R120-a-ton carbon tax that is expected to come into force in 2016.

The value of the grant was not disclosed.

The launch of the carbon tax, which would apply to major emitters including steel giant ArcelorMittal, Eskom and petrochemical group Sasol, was delayed by read more »

UK to fund SA carbon trading experiment

posted under Promethium in the News on 15 Aug 2014

Source: Business Report – Star

Britain will grow funding for a plan to help coal-rich South Africa develop a carbon trading market in an attempt to rein in its rising greenhouse gas emissions.

The British High Commission in Pretoria said last week that it would fund a pilot programme for emissions trading from next year to help firms prepare for a carbon tax of Rl20 a ton expected to come into force in 2016.

The grant’s value was not disclosed.

The launch of the local carbon tax, which would apply to major emitters such as ArcelorMittal South Africa, Eskom and Sasol, was delayed read more »

Britain to fund SA carbon trading experiment

posted under Promethium in the News on 15 Aug 2014

Source: Public Eye (Maseru)

Britain will expand funding for a programme to help coal-rich South Africa develop a carbon trading market in an attempt to rein in its rising greenhouse-gas emissions.  The British High Commission in Pretoria last week said it will fund a pilot emissions trading programme from next year to help companies prepare for a R120/t ($ll.21/t) carbon tax that is expected to come into force in 2016.

The launch of South African’s carbon tax, which would apply to major emitters including steel giant AcclorMittal, utility Eskom and petrochemical group Sasol, was delayed by one year to allow more time for planning and consultation with stakeholders.

The South African read more »

Britain to fund South African carbon trading experiment

posted under Promethium in the News on 13 Aug 2014

Source: De Ghaap / Kimberley Gazette

Britain will expand funding for a programme to help coal-rich South Africa develop a carbon trading market in an attempt to rein in its rising greenhouse gas emissions.

The British High Commission in Pretoria recently announced that it will fund a pilot emissions trading programme from next year to help companies prepare for a 120-rand-per-tonne ($11.21) carbon tax that is expected to come into force in 2016.

The launch of South Africa’s carbon tax, which would apply to all major emitters including steel giant ArcelorMittal, utility Eskom and petrochemical group Sasol, was delayed by one year read more »

UK to fund SA carbon trading experiment

posted under Promethium in the News on 13 Aug 2014

Source: Business Report (Pretoria News)

Britain will grow funding for a plan to help coal-rich South Africa develop a carbon trading market in an attempt to rein in its rising greenhouse gas emissions.  The British High Commission in Pretoria said last week that it would fund a pilot programme for emissions trading from next year to help firms prepare for a carbon tax of R120 a ton expected to come into force in 2016.

The grant’s value was not disclosed.

The launch of the local carbon tax, which would apply to major emitters such as ArcelorMittal South Africa, Eskom and Sasol, was delayed read more »

Britain to fund SA carbon trading experiment

posted under Promethium in the News on 12 Aug 2014

Source: Engineering News

Britain will expand funding for a programme to help coal-rich South Africa develop a carbon trading market in an attempt to rein in its rising greenhouse-gas emissions.

The British High Commission in Pretoria last week said it will fund a pilot emissions trading programme from next year to help companies prepare for a R120/t ($11.21/t) carbon tax that is expected to come into force in 2016.
The value of the grant was not disclosed.

The launch of South African’s carbon tax, which would apply to major emitters including steel giant ArcelorMittal, utility Eskom and petrochemical group Sasol, was delayed by read more »

UK to fund SA Carbon trade

posted under Promethium in the News on 11 Aug 2014

Source: Business – Cape Argus

BRITAIN will expand funding for a programme to help South Africa develop a carbon trading market in an attempt to rein in its rising green­house gas emissions.

The British High Commission said last week it would fund a pilot emissions trading programme from next year to help companies prepare for a R120/ton carbon tax to come into force in 2016. The grant, awarded through its Prosperity Fund, will for a second time, go to Promethium Carbon.

Read more>>

Britain set to fund coal-rich South Africa’s carbon trading experiment

posted under Promethium in the News on 06 Aug 2014

Source: Business Daily

Britain will expand funding for a programme to help coal-rich South Africa develop a carbon trading market in an attempt to rein in its rising greenhouse gas emissions.

The British High Commission in Pretoria last week said it will fund a pilot emissions trading programme from next year to help companies prepare for a 120-rand-per tonne ($11.21) carbon tax that is expected to come into force in 2016.

The value of the grant was not disclosed.

The launch of South Africa’s carbon tax, which would apply to major emitters including steel giant Arcelor-Mittal, utility Eskom and petrochemical group Sasol, was read more »

UK to fund SA carbon trading experiment

posted under Promethium in the News on 04 Aug 2014

Source: Business Report – Cape Times

Britain will grow funding for a plan to help coal-rich South Africa develop a carbon trading market in an attempt to rein in its rising greenhouse gas emissions.  The British High Commission in Pretoria said last week that it would fund a pilot programme for emissions trading from next year to help firms prepare for a carbon tax of R120 a ton expected to come into force in 2016.

The grant’s value was not disclosed.

The launch of the local carbon tax, which would apply to major emitters such as ArcelorMittal South Africa, Eskom and Sasol, was delayed read more »

Carbon trading is in the air

posted under Promethium in the News on 31 Jul 2014

Source: Business Times

Britain will expand funding for a programme to help coal-rich South Africa develop a carbon-trading market that would rein in rising greenhouse-gas emissions.

The British High Commission said in Pretoria last week that it would fund a pilot emissions trading programme from next year to help companies prepare for a R120/t carbon tax expected by 2016.

The value of the grant was not disclosed.

The introduction of a carbon tax, which would apply to major emitters such as Eskom, Arcelor Mittal and Sasol, was delayed by a year to allow more time for planning and consultations with stakeholders.

The government said read more »

Britain to fund SA carbon trading experiment

posted under Promethium in the News on 25 Jul 2014

Source: Polity org.za

Britain will expand funding for a programme to help coal-rich South Africa develop a carbon trading market in an attempt to rein in its rising greenhouse-gas emissions.

The British High Commission in Pretoria last week said it will fund a pilot emissions trading programme from next year to help companies prepare for a R120/t ($11.21/t) carbon tax that is expected to come into force in 2016.

The value of the grant was not disclosed.

The launch of South African’s carbon tax, which would apply to major emitters including steel gaint ArcelorMittal, utility Eskom and petrochemical group Sasol, was delayed by read more »

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