Business Day: THE Treasury is asking for public comment by July 29 on draft regulations published at the weekend, detailing how companies can offset their liability for a carbon tax that will be introduced in 2017.
Carbon tax puts a price on the emission of greenhouse gases to encourage companies to save energy or switch to more environmentally friendly fuels. It is expected to hit local businesses hard as 90% of SAs electricity comes from Eskoms coal-fired power stations.
The Treasury is proposing that...