Eskom a black mark for exporters facing carbon barriers
For most businesses, the financial implications of climate change remain unclear. Part of the reason for this is that most of the economic impact assessments conducted so far have focused on “transition” risks, which are a narrow range of market impacts limited to coal exports, oil markets, metals and minerals, domestic power supply and coal to liquids.
In the case of the products we export, these “carbon barriers” result in an increased total cost of the product for buyers, due to costs added in the form of carbon taxes and fees. This is a problem for SA in light of our long history of balance of payments problems. We rely on our exports to bring in much-needed foreign exchange, without which our economy would grind to a halt. But our exports are drowning in...
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Soweto electricity shutdown fails to sparkThe organisers of the Soweto mass shutdown say they will try other ways of getting the attention of power utility Eskom following the failure of their planned shutdown.
Read more »
All Eskom solutions will be resisted: analystEconomist Azar Jammine says all possible solutions to solve Eskom's problems will be met with resistance.
Read more »
Eskom says no load shedding expected on Wednesday | IOL NewsPower utility Eskom said it will not implement load shedding on Wednesday.
Read more »
No load shedding planned for Wednesday - Eskom - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Eskom says it is unlikely to implement load shedding on Wednesday.
Read more »
Mboweni urged to support exporters, entrepreneurs in budget reviewFinance Minister Tito Mboweni's annual budget review should offer concrete measures to boost exports and support small and medium enterprises.
Read more »