A critical review of South Africa’s Carbon Tax Policy Paper: recommendations for the implementation of an Offset Mechanism

dc.contributor.authorNewham, Melissa
dc.contributor.authorConradie, Beatrice
dc.coverage.spatialSouth Africaen_ZA
dc.date.accessioned2014-10-01T13:55:48Z
dc.date.available2014-10-01T13:55:48Z
dc.date.issued2013-12
dc.description.abstractThe South African government has emphasised the need for ‘developing country’ solutions to climate change that simultaneously pursue GHG reductions and socioeconomic development. To encourage the transition to a low-carbon economy the National Treasury has proposed a carbon tax and offset mechanism to be introduced in 2015. The practical delivery of the offset scheme remains uncertain. This paper investigates which features and governance structure would be desirable for such a mechanism in South Africa. Primary research is conducted into the South African voluntary carbon registry; Credible Carbon. The questions asked by this paper are: Should firms be allowed to offset emissions? What is the ideal way to implement offsets in South Africa? This paper concludes that Credible Carbon provides a good model for carbon trading that can be scaled up to meet demand under the new regulations. However, government needs to ensure that projects continue to deliver acceptable social benefits and that carbon auditors are well-trained and accountable.en_ZA
dc.identifier.apacitationNewham, M., & Conradie, B. (2013). <i>A critical review of South Africa’s Carbon Tax Policy Paper: recommendations for the implementation of an Offset Mechanism</i> (CSSR Working Paper Series ; 334). University of Cape Town ,Faculty of Humanities ,Social Survey Unit. Retrieved from http://hdl.handle.net/11427/7907en_ZA
dc.identifier.chicagocitationNewham, Melissa, and Beatrice Conradie <i>A critical review of South Africa’s Carbon Tax Policy Paper: recommendations for the implementation of an Offset Mechanism.</i> CSSR Working Paper Series ; 334. University of Cape Town ,Faculty of Humanities ,Social Survey Unit, 2013. http://hdl.handle.net/11427/7907en_ZA
dc.identifier.citationNewham, M. & B. Conradie. 2013. A Critical Review of South Africa’s Carbon Tax Policy Paper: Recommendations for the Implementation of an Offset Mechanism. CSSR Working Paper No. 334. Cape Town: Centre for Social Science Research, University of Cape Town.en_ZA
dc.identifier.isbn978-1-77011-319-0en_ZA
dc.identifier.ris TY - Working Paper AU - Newham, Melissa AU - Conradie, Beatrice AB - The South African government has emphasised the need for ‘developing country’ solutions to climate change that simultaneously pursue GHG reductions and socioeconomic development. To encourage the transition to a low-carbon economy the National Treasury has proposed a carbon tax and offset mechanism to be introduced in 2015. The practical delivery of the offset scheme remains uncertain. This paper investigates which features and governance structure would be desirable for such a mechanism in South Africa. Primary research is conducted into the South African voluntary carbon registry; Credible Carbon. The questions asked by this paper are: Should firms be allowed to offset emissions? What is the ideal way to implement offsets in South Africa? This paper concludes that Credible Carbon provides a good model for carbon trading that can be scaled up to meet demand under the new regulations. However, government needs to ensure that projects continue to deliver acceptable social benefits and that carbon auditors are well-trained and accountable. DA - 2013-12 DB - OpenUCT DP - University of Cape Town KW - market-based instruments KW - carbon trading KW - developing country KW - social benefits KW - governance LK - https://open.uct.ac.za PB - University of Cape Town PY - 2013 SM - 978-1-77011-319-0 T1 - A critical review of South Africa’s Carbon Tax Policy Paper: recommendations for the implementation of an Offset Mechanism TI - A critical review of South Africa’s Carbon Tax Policy Paper: recommendations for the implementation of an Offset Mechanism UR - http://hdl.handle.net/11427/7907 ER - en_ZA
dc.identifier.urihttp://hdl.handle.net/11427/7907
dc.identifier.vancouvercitationNewham M, Conradie B. A critical review of South Africa’s Carbon Tax Policy Paper: recommendations for the implementation of an Offset Mechanism. 2013 [cited yyyy month dd]. Available from: http://hdl.handle.net/11427/7907en_ZA
dc.languageengen_ZA
dc.publisher.departmentSocial Survey Uniten_ZA
dc.publisher.facultyFaculty of Humanitiesen_ZA
dc.publisher.institutionUniversity of Cape Town
dc.relation.ispartofseriesCSSR Working Paper Series ; 334en_ZA
dc.rightsCreative Commons Attribution 4.0 International (CC BY 4.0)*
dc.rights.urihttp://creativecommons.org/licenses/by/4.0/*
dc.subjectmarket-based instrumentsen_ZA
dc.subjectcarbon tradingen_ZA
dc.subjectdeveloping countryen_ZA
dc.subjectsocial benefitsen_ZA
dc.subjectgovernanceen_ZA
dc.subject.lcshCarbon taxesen_ZA
dc.subject.lcshGreenhouse gas mitigationen_ZA
dc.titleA critical review of South Africa’s Carbon Tax Policy Paper: recommendations for the implementation of an Offset Mechanismen_ZA
dc.typeWorking Paperen_ZA
uct.type.filetypeText
uct.type.filetypeImage
uct.type.publicationResearchen_ZA
uct.type.resourceWorking paperen_ZA
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