An­other tax?

Nam Wheels - - Front Page -

As of July 2016, new and used ve­hi­cles, light bulbs and tyres sold in Namibia are sub­ject to a car­bon tax. Car­bon emis­sions are a ma­jor con­trib­u­tor to en­vi­ron­men­tal dam­age like global warm­ing. Most ve­hi­cles pro­duce car­bon diox­ide (among other things) which is a nasty side-ef­fect of burn­ing fuel.

By tax­ing ve­hi­cles for these emis­sions, the con­sumer may think twice about buy­ing (or main­tain­ing) an old / dirty car with heavy CO2 emis­sions. The car­bon tax also ap­plies to fil­a­ment light bulbs (N$3) and new or used tyres (N$10). Based on the ve­hi­cle maker’s claim, ev­ery gram above 120 ( g/km) of CO2 emis­sions is taxed at N$40 to N$100 - we had con­flict­ing sources. Namwheels will soon pub­lish a top list of ve­hi­cles which emit less than 120g/km!

Newspapers in English

Newspapers from Namibia

© PressReader. All rights reserved.