Speed up low carbon economy - WWF

2012-02-22 22:27

Johannesburg - Finance Minister Pravin Gordhan's comments on targeting carbon emissions through taxation was welcomed by the World Wildlife Fund in SA (WWF-SA) on Wednesday.

"We welcome the explicit acknowledgement of the need to price carbon emissions and the phasing in of a tax instrument for this purpose," head of WWF's Living Planet unit, Saliem Fakier, said in a statement.

Greater urgency was needed to transform South Africa's economy so it would be less dependent on carbon emission producing industry.

Internationally, carbon intensity (the carbon footprint) taxes were generally built into the cost of services and products, the environmental group said.

While the WWF realised the carbon tax issue was a sensitive one in the country's socio-economic context, the reduction of carbon emissions in South African products would ensure they remained competitive, he said.

There was a need for greater commitment to research and develop forms of energy not derived from fossil fuels. This would also help to create jobs.

"We believe that both in the interim and long term, renewables allow greater flexibility in our energy mix and ability to meet growing demand, while at the same time stimulating green economy growth," Fakier said.

- SAPA

Read more on:    world wildlife fund  |  environment  |  budget 2012
NEXT ON NEWS24X

SHARE:

Read News24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
0 comments
Add your comment
Comment 0 characters remaining
 

Inside News24

 
/Fashion
 
Traffic
Lottery
 
  • Monday Kuils River - 07:17 AM
    Road name: R300 Northbound
    DELAYS approaching the Van Riebeeck Road exit
  • Monday Goodwood - 07:04 AM
    Road name: N7 Vanguard Drive Southbound
    DELAYS approaching Voortrekker Road
 
More traffic reports...
 

Jobs in Cape Town [change area]

Property [change area]

Travel - Look, Book, Go!

Magical Massinga

Spend 5 nights at the gorgeous Massinga Beach Lodge in Mozambique and only pay for 4 from R13 220 per person sharing. Includes return flights, accommodation, transfers and romantic turndown. Book now!

Kalahari.com - shop online today

2 TV Series for R250

Get 2 TV Series box sets for R250 and save up to R148! Offer valid while stocks last. Shop now!

Mind blowing deals on beauty & fragrances

Save up to 30% off beauty and fragrances. Offer valid while stocks last. Shop now!

Up to 50% off hair care products!

Save up to 50% on professional hair care products at kalahari.com. Offer valid while stocks last. Shop now!

30% off academic books

Score a mind blowing 30% off academic books! Offer valid while stocks last. Shop now!

Mind blowing deals on electronics!

Save up to 35% on electronics. Offer valid while stocks last. Shop now!

OLX Free Classifieds [change area]

Samsung Galaxy s4

Mobile, Cell Phones in South Africa, Western Cape, Cape Town. Date October 24

Best bargain in big bay

Real Estate, Houses - Apartments for Sale in South Africa, Western Cape, Cape Town. Date October 25

VW Golf 6, 1.6 Trendline (Excellent condition)

Vehicles, Cars in South Africa, Western Cape, Cape Town. Date October 25

Samsung Galaxy Tab P7500 10.1" Tablet With WiFi & 3G

Samsung Galaxy Tab 10.1 gives you a better experience for...

From R4999.00

I'm shopping for:

Horoscopes
Aquarius
Aquarius

There is a strong emphasis on relationships. Obsession, emotional disputes, retaliation or competitive actions are highlighted....read more

There are new stories on the homepage. Click here to see them.
 
English
Afrikaans
isiZulu

Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Settings

Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.








Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.