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Integration of Carbon Tax and Carbon Budgets in South Africa
World Bank Open Knowledge Repository (formerly "World Bank E-Library Publications") Available online
View online- Format:
- Book
- Government document
- Author/Creator:
- Partnership for Market Readiness.
- Series:
- Partnership for Market Readiness Technical Papers
- World Bank e-Library.
- Language:
- English
- Subjects (All):
- Carbon Policy and Trading.
- Climate Change Mitigation and Green House Gases.
- Energy.
- Environment.
- Power & Energy Conversion.
- Public Sector Development.
- Local Subjects:
- Carbon Policy and Trading.
- Climate Change Mitigation and Green House Gases.
- Energy.
- Environment.
- Power & Energy Conversion.
- Public Sector Development.
- Place of Publication:
- Washington, D.C. : The World Bank, 2017.
- System Details:
- data file
- Summary:
- This paper provides recommendations for combining the carbon budget with the carbon tax to support delivery of South Africa's emissions reduction targets beyond 2020. The analysis involved comparing four categories of policy alignment options, including layering, 'tax enforces budget' option, hybrid options with trading and differential instruments, across eight core principles such as emissions reduction effectiveness, emissions certainty, cost-effectiveness, polluter pays principle, equitable treatment, distributional issues, feasibility and simplicity, and sensitivity to international competition.
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