Thobisa Simelane

Carbon Tax and its Role

The role of Carbon Tax

The importance of Tax reforms to government fiscal policy cannot be understated, especially given the unfavourable economic climate faced by the global community. One particular area of taxation that requires attention is carbon taxation, and its role in mitigating the impact of greenhouse gases and carbon emissions on our natural environment.  It is a trite fact that carbon emissions emanating from human activity contribute significantly to the rising global temperatures. Formulating a fiscally sound carbon tax could prove invaluable in making inroads geared at addressing the on-going problem that is global warming. Governments have the duty to educate taxpayers on the rationale behind carbon taxation, more… read more