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South Africa Launches Public Consultation on Carbon Offset Regulations

|Proposed Changes|South Africa
South Africa

On 20 June 2016, the South African National Treasury issued draft carbon offset regulations for public comment. The regulations are in relation to the carbon offset allowance of up to 5% or 10% included in the Carbon Tax Bill, which was consulted on in 2015 and planned to be effective from 1 January 2017 ({News-2015-11-04/P/2- previous coverage}).

Under the draft carbon offset regulations, th…

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