carbon tax

  • National Treasury

    Carbon tax in force but few have to pay

    The South African carbon tax was finally implemented on 1 June 2019 after there had been several public consultations and delays over the last years. According to the new Carbon Tax Act, the rate will be South African Rand (ZAR) 120 per tonne of carbon dioxide in the first phase, until...
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  • Oil price chart

    Switzerland: Current CO2 Tax Does Little to Help Solar Thermal

    The solar thermal market in Switzerland has been shrinking for the past years because of increasing competition from photovoltaics and heat pumps. Additionally, the low oil price has led to a wait-and-see attitude among potential customers. The market continues to show no signs of an upturn...
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  • Australia: Second Decline in a Row

    Australia: Second Decline in a Row

    The Australian solar thermal market has not actually recovered since the boom year 2009. According to the Head of the Renewable Department of Rheem Australia Pty Ltd, Chris Mundy, the total installed collector area in 2011 again decreased by around 13 % to 100,000 systems. In 2009,...

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