Archive for July, 2019

AVIATION EMISSIONS:

Posted on: July 17th, 2019 by IQS_Admin No Comments

7 of the world’s major aviation companies have issued a joint statement on their commitment to reduce their carbon dioxide (CO2) emissions. Though their representative association, the Air Transport Action Group (ATAG), the companies have committed to cutting their CO2 emissions to half of their 2005 levels by 2050. 

Source: Engineering News dated 16 June 2019.

CARBON TAX:

Posted on: July 17th, 2019 by IQS_Admin No Comments

South Africa’s largest cement producer, PPC, announced that due to the carbon tax being implemented from 1 June 2019, their annual costs for cement and lime production will increase by R20 million and that this cost will have to be passed down to the consumer. They noted that the entire industry has been forced to increase their prices in this regard. 

Source: Times Live dated 1 July 2019.