Sasol says carbon tax threatens its financial viability, risks closure of SA operations

The original article can be found here.

Article highlights:

  • If the government’s proposed carbon tax trajectory materialises, it will render Sasol unviable by 2029, Parliament heard.
  • The energy and chemicals group warns it may have to prematurely close part or all of its South African operations.
  • Sasol says it already pays “significantly higher” taxes in South Africa compared to Europe.