In his February Budget, Finance Minister Enoch Godongwana announced that the first phase of the carbon tax would be extended for three years, that the carbon tax rate had been increased from R134/t to R144/t, and that the carbon tax rate would be progressively increased every year to reach $20/t https://www.engineeringnews.co.za/article/implications-of-godongwanas-recent-carbon-tax-announcements-2022-03-08