The South African Department of Mines has said a delay of five years for the proposed draft carbon tax bill would be advantageous , as there has not been a proper regulatory impact because of the economic costs and benefits of imposing such a tax . Chamber of Mines CEO Roger Baxter says South Africa is already operating below the peak-plateau-decline trajectory of carbon emissions per unit of GDP to which President Jacob Zuma committed the country in Copenhagen in 2009. Imposing a carbon tax bill would also make South Africa the first developing country to do so and it is argued that the bill would not materially reduce global carbon emissions as the country contributes only 2 % towards the global total .
The South African Department of Mines has said a delay of five years for the proposed draft carbon tax bill would be advantageous , as there has not been a proper regulatory impact because of the economic costs and benefits of imposing such a tax . Imposing a carbon tax bill would also make South Africa the first developing country to do so and it is argued that the bill would not materially reduce global carbon emissions as the country contributes only 2 % towards the global total .