Environmental Tax: will it actually benefit the environment?

" The National Treasury has proposed a new green tax through a green paper published last week saying that a new environmental tax would be a behavioural incentive, and the environment the beneficiary. The idea is to achieve what the treasury calls a double-dividend: tax the ills of society, such as pollution, and cut tax on its virtues, such as labour" (http://www.businessday.co.za/articles/topstories.aspx?ID=BD4A184202).

To view the policy document please Download green_tax_draft_paper.pdf

The Treasury has asked for comments on this document to be forwarded to [email protected] by Monday, 31 July 2006. Environment Southern Africa would also appreciate your comments.