The implications of low-carbon trajectories in South Africa

This brief outlines a number of findings and policy recommendations for the introduction of a carbon tax and the transition to a low-carbon economy in South Africa. The National Treasury proposed the partial implementation of a carbon tax in 2015, along with a number of tax exemptions for energy-int...

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Detalles Bibliográficos
Autores principales: Thurlow, James - Autor/a, Caetano, Tara - Autor/a
Formato: Text draft Doc. de trabajo / Informes
Lenguaje:Eng
Publicado: IDEAs 2015
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Acceso en línea:http://biblioteca.clacso.edu.ar/gsdl/collect/clacso/index/assoc/D10534.dir/OPsursur-Caetano.pdf
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Sumario:This brief outlines a number of findings and policy recommendations for the introduction of a carbon tax and the transition to a low-carbon economy in South Africa. The National Treasury proposed the partial implementation of a carbon tax in 2015, along with a number of tax exemptions for energy-intensive sectors. Tara Caetano and James Thurlow used a Computable General Equilibrium model to simulate the proposed carbon tax in order to gain some insight into two important research questions: First to see what the potential impact of the proposed carbon tax would be and, more interestingly, how much the exemptions decrease the effectiveness of the tax; second, to look at the social implication of introducing a carbon tax and how the use of different recycling mechanisms affects these implications