The economic prescription for climate change is clear: price carbon dioxide (CO2) and other greenhouse gas emissions to internalize climate damages. In practice, a variety of political economy constraints prevent the introduction of a carbon price...
This paper considers the role of global environmental taxes both as instruments for improving the global environment and as a source of revenue for funding economic development. It reviews the general case for environmental taxes and the particular...
South Africa is considering introducing a carbon tax to reduce greenhouse gas emissions. Following a discussion of the motivations for considering a carbon tax, we evaluate potential impacts using a dynamic economywide model linked to an energy...
We link a bottom-up energy sector model to a recursive dynamic computable general equilibrium model of South Africa in order to examine two of the country’s main energy policy considerations: (i) the introduction of a carbon tax and (ii)...
by Nitin Desai With official development assistance falling short of needs, there has long been a search for ‘innovative’ means for financing...
Part of Journal Special Issue Prospects for Renewable Energy in Africa
Part of Journal Special Issue Prospects for Renewable Energy in Africa
The white-painted cluster of traditional style buildings might suggest that this was a farm on the South African veldt. Not so however—it was Trade...
As their Millennium Development Goals, world leaders have pledged by 2015 to halve the number of people living in extreme poverty and hunger, to achieve universal primary education, to reduce child mortality, to halt the spread of HIV/AIDS, and to...
Part of Book New Sources of Development Finance
Part of Book The Environment and Emerging Development Issues
There are a series of questions to which we need answers if we are to implement climate change policies that help avoid negative effects. Three key...
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