Fossil fuel subsidies strain public budgets and contribute to climate change and local air pollution. Despite widespread agreement among experts about the benefits of reforming fossil fuel subsidies, repeated international commitments to eliminate them, and valiant efforts by some countries to reform them, they continue to persist. This book helps explain this conundrum by exploring the politics of fossil fuel subsidies and their reform.
"Global public goods are most easily provided when a single dominant country, or a small group, takes the lead" says the literature in international relations. That's why Britta Rennkamp and Andrew Marquard analysed the role of climate clubs from the perspective of a developing country- South Africa. This paper was part of a project with the German Development Institute and Wuppertal Institute.
ERC comments on second Draft Carbon Tax Bill.
The Finance Minister announced in the 2018 Budget Speech that the carbon tax “will be implemented from 1 January 2019.”
Please join the ERC for a presentation by Dr. Grové Steyn on:
"Eskom’s financial crisis and the viability of coal-fired power in South Africa: Implications for Kusile and the older coal-fired power stations”
Date: Monday 5th of February
Venue: ERC Seminar Room