Petrochemical giant Sasol is engaging with a team from the European Union (EU) to explore the production of clean aviation fuel in a bid to address impending trade challenges posed by Carbon Border Adjustment Mechanism (CBAM) taxes on South African exports.
Minister for Trade, Industry and Competition, Parks Tau, highlighted this strategic collaboration during his Budget Vote on Friday, emphasising the government’s proactive approach to mitigate the potential impact of CBAM.
Sam Busa