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environment sustainability

Carbon policy and South Africa

Kyoto? Carbon policies and markets? What does that have to do with me? Or South Africa? More than we think it seems. I asked  an energy consultant about carbon policies and South Africa. She says, “Yes, there are carbon policies in place globally as part of Kyoto Protocol. For example, European governments agree on a maximum amount that key carbon-emitting  businesses (like oil companies or electricity generators) can emit annually and anything over and above that, the companies have to buy carbon credits to cover. If you are below your limit you can also sell your allowance.”

This doesn’t really impact South Africa but there is another tool,