Saturday, August 28, 2010

News Snippets

RENEWABLE ENERGY
Grid unbundling not an immediate obstacle to private power - Eskom - Engineering News.

Suntech signs MoU to build SA solar plants - Engineering News

Treasury calls for private sector involvement in electricity - Engineering News

CARBON TAX
Treasury says double-cabs to be taxed from March 1, at higher threshold and rate - Engineering News: "The Treasury confirmed on Thursday that the sale of new double-cab pick-ups would be subject to carbon dioxide (CO2) emissions tax from March 1, 2011.

The emissions tax would still be introduced on new passenger cars from September 1, 2010.

Both the penalty and threshold for CO2 tax on double-cabs would be higher than for passenger cars.

New passenger cars would be taxed, based on their certified CO2 emissions, at R75 for each g/km above 120 g/km, adding around 2% to 3% to the price tag of a car.

The Treasury said that the threshold for double-cabs would be set at 175 g/km, and the tax rate at R100 for every g/km above the threshold."

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