LETTER: Algoma's steel is cheaper under industrial carbon tax

LETTER: Algoma's steel is cheaper under industrial carbon tax

'There is no going back to the economic conditions of yesterday,' reader says

Updated carbon tax framework and its impact on high-emission industries

Image source: jordano2000 – [[www.123rf.com 123RF.com]]Carbon tax was first implemented in South Africa in June 2019, with the aim to cut emissions to between 350 and 420 million tonnes by 2030, as per the Paris Climate Accord. However, after admitting South Africa would be unable to meet its 2030 targets, the president's office committed to net-zero emissions by 2050. Read more...