We need a solid fact base. At the moment, government, Eskom and the business sector cannot even agree on what our exact emissions are as a country. That needs to be established with a common methodology. Then we have to have a debate about sectoral carbon budgets. In principle, these budgets are a good idea, but it cannot be a microindustrial policy instituted through the back door. Government is not good at picking the winners and losers in an economy. The establishment of carbon budgets needs to be transparent, and its implementation requires a variety of sensible tools, including incentives and not just penalties.