Main sectors: MINING, ENERGY and CLIMATE CHANGE, INDUSTRY
Business Unity South Africa (BUSA)
At the time of conducting this piece of work, National Treasury was developing a structure for the carbon tax, while the Department of Environmental Affairs (DEA) was trialling the first phase of a system to allocate carbon budgets to a selection of individual companies operating in South Africa. BUSA commissioned this piece of work to document areas of alignment and misalignment between these two instruments.
The Green House approach:
The Green House, in conjunction with our project partners DNA Economics, conducted a comprehensive analysis of all documents relevant to the tax and budget design and implementation, including the mandatory reporting regulations and pollution prevention plans regulations.
The study results were compiled into a report submitted to BUSA. The findings of the study have provided a basis for BUSA to engage with Treasury and DEA on the design of the instruments.