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South Africa Considers Emission Tax on All Motor Vehicles
2010-08-25 15:41:59.347 GMT
By Lauren van der Westhuizen
Aug. 25 (Bloomberg New Energy Finance) -- South Africa
the government is considering a carbon dioxide emissions tax on
all car, Finance Minister Pravin Gordhan said.
Gordhan made the announcement to the National Assembly
during his presentation yesterday of the Taxation Laws Amendment
Bills.
South Africa will implement an emissions tax on new
passenger cars starting Sept. 1. New motor vehicles will
face an emissions tax of about $10 per gram of CO2 emitted per
kilometer for vehicles producing more than 120 grams of CO2 per
kilometer. The tax will be extended to all light commercial
vehicles after CO2 standards are set, Gordhan said.
The minister said the government wants to eventually extend
the environmental tax to all motor vehicles as part of its plan
to improve air quality and reduce the emission of greenhouse
gases.
The tax will be implemented by reviewing the approach to
vehicle license fees implemented by the provinces, he said.
Higher fuel levies and better-quality fuel in South Africa are
also on the agenda, he said.
For Related News and Information:
Today's top environment news: GREEN <GO>
Renewable-energy markets home page: RENE <GO>
Sustainability, environmental indexes: SEI <GO>
--Editors: Mike Anderson, Randall Hackley.
To contact the reporter on this story:
Lauren van der Westhuizen at +27-21-441-7602 or at
lvanderwesth@bloomberg.net.
To contact the editor responsible for this story:
Angus McCrone at +44-20-3216-4795 or
amccrone1@bloomberg.net.
