Integration of Carbon Tax and Carbon Budgets in South Africa
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, incl...
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| Format: | Technical Paper |
| Language: | English en_US |
| Published: |
World Bank, Washington, DC
2017
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| Online Access: | http://documents.worldbank.org/curated/en/392711506406743392/Integration-of-carbon-tax-and-carbon-budgets-in-South-Africa http://hdl.handle.net/10986/28406 |
| 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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