COST OF ENERGY

JEFFREY KOSGEI: Increasing cost of gas blow to environmental conservation

Firewood and charcoal are the leading sources of cooking fuel in Kenya and they are equally the leading drivers of deforestation.

In Summary

• Parliament, which approved this extemporaneous policy, needs to go back and decisively reconsider its position to safeguard the environmental gains.

• It should go a step further to enact provisions that will facilitate tax exemptions on alternative sources of energy.

The Finance Act, 2021 assented into law by President Uhuru Kenyatta on June 29, 2021 took effect on July 1.

It introduced a raft of changes in the country’ tax regime, which include the Value ...

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