Act No. 15 of 2019

Act No. 15 of 2019 » Carbon Tax Act, 2019

Title	Act No. 15 of 2019 » Carbon Tax Act, 2019
Department	Parliament of the Republic of SA
Gazette	National Gazettes, No. 42483 of 23 May, 2019, 67 page(s), 502Kb
Act	Act No. 15 of 2019

2    No. 42483                 GOVERNMENT GAZETTE, 23 MAY 2019

Act No. 15 of 2019                                                                      Carbon Tax Act, 2019

(English text signed by the President)
                                                 (Assented to 22 May 2019)

ACT

To provide for the imposition of a tax on the carbon dioxide (CO ) equivalent of
                                                                                 2
                         greenhouse gas emissions; and to provide for matters connected therewith.
                                                      PREAMBLE

SINCE the causality of the increasing of anthropogenic greenhouse gas emissions in the
                         atmosphere and the global climate change has been scienti?cally con?rmed;

AND SINCE it has consequently become necessary to manage the inevitable climate
                         change impact through interventions that build and sustain South Africa’s social,
                         economic and environmental resilience and emergency response capacity;
                         AND SINCE it has also become necessary to make a contribution to the global effort to
                         stabilise greenhouse gas concentrations in the atmosphere at a level that avoids
                         dangerous anthropogenic interference with the climate system within a timeframe that
                         enables economic, social and environmental development to proceed in a sustainable
                         manner;

AND SINCE the costs of remedying pollution, environmental degradation and
                         consequent adverse health effects and of preventing, controlling or minimising further
                         pollution, environmental damage or adverse health effects must be paid for by those
                         responsible for harming the environment (the polluter pays principle);
                         AND SINCE government is desirous to utilise a package of measures in an effort to
                         address the challenges posed by climate change;
                         AND SINCE this package of measures will be achieved by the deployment of a range
                         of measures to support the system of desired emissions reduction outcomes, including
                         the appropriate pricing of carbon and economic incentives, as well as the use of
                         emissions offsets;

AND SINCE government is of the view that imposing a tax on greenhouse gas
                         emissions and concomitant measures such as providing tax incentives for rewarding the
                         efficient use of energy will provide appropriate price signals to help nudge the economy
                         towards a more sustainable growth path,

B   E IT THEREFORE ENACTED by the Parliament of the Republic of South Africa,
                              as follows:—

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Act No. 15 of 2019

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