Climate Change: A Comparison Of Market-Based Instruments From A South African Perspective

Pillay, Suren; Buys, Pieter

doi:10.19030/iber.v12i4.7744

Cited by 2 publications

(3 citation statements)

References 35 publications

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“…In an ETS, emissions caps are aggregated for the scheme (i.e., CAT) or determined individually for participants (i.e., BAC) [9]. Governments issue pollution allowances or permits to major industries which in turn trade these allowances with other entities based on who has a surplus or a deficit thereby creating supply and demand and subsequently, a market.…”

Section: Literature Reviewmentioning

confidence: 99%

“…The cost implication of having an enormous number of moving emitters makes the inclusion of the sector impractical. With regard to administration, ETSs would most likely be better served through more dedicated institutional infrastructure [9].…”

Section: Literature Reviewmentioning

confidence: 99%

“…The first two phases of it showed that there indeed was a decrease in emissions in the participating study [50]. CAT schemes have generally shown positive outcomes within participating industries with the countries still experiencing growth in each phase of the EU ETS [9].…”

Section: The Baseline Period Beginsmentioning

confidence: 99%

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The Road to a Downstream Emissions Trading System: Designing a Scheme Combining Motorist and Government Participation

Al-Guthmy

Yan

2019

Journal of Energy

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As downstream road transport has not been fully integrated into any emissions trading scheme, this paper proposes and evaluates the possibility of one by addressing the main barriers hindering its development. Based on this, a scheme which separates the “Cap” and “Trade” participation to motorists and local governments, respectively, is presented through a systematic review. We investigate how the scheme addresses the problems of cost, administrative burden, and fuel allowance allocation as they are all key factors that need equal consideration. We also justify the model’s unique structure and characteristics against the world’s largest scheme, the European Union Emissions Trading System (EU ETS), to ensure they cater to the three aforementioned issues barring its viability. It is concluded that, by amending specific policy attributes of a road-based emissions trading scheme significantly, it could be more practical both economically and administratively. Also, leveraging on existing institutional arrangements would allow for an economically feasible environment for the administration and management of such a scheme.

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Section: Literature Reviewmentioning

confidence: 99%

Section: Literature Reviewmentioning

confidence: 99%

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The Road to a Downstream Emissions Trading System: Designing a Scheme Combining Motorist and Government Participation

Al-Guthmy

Yan

2019

Journal of Energy

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Investigating the impact of carbon tax on socially responsible corporate governance: The case of South African motor vehicle manufacturers

Pillay¹,

Buys²

2015

COC

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Socially responsible corporate governance is an essential aspect of the contemporary corporate environment, and then especially in ensuring continuous sustainable development within a South African context. As such, it also encompasses broad environmentally focused aspects. The motor vehicle manufacturing industry in South Africa was among the first to be faced with the implementation of carbon taxes. This paper explores the policy decision to implement the carbon tax within the context of socially responsible governance in the motor vehicle manufacturing industry. The research methodology applied incorporates both review of supporting literature and an exploratory empirical case study. The research suggests that the industry is cognizant of the importance of environmental damage costs and their responsibility therein, while also indicating that corporate social investment in this industry was non-responsive to the implementation to carbon tax. The results also suggest that the current carbon tax rate may be adequately priced and is an effective instrument in lowering greenhouse gas emissions

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Climate Change: A Comparison Of Market-Based Instruments From A South African Perspective

Abstract: This article aims to consider the relevancy of (i) cap-and-trade schemes and (ii)

Cited by 2 publications

References 35 publications

The Road to a Downstream Emissions Trading System: Designing a Scheme Combining Motorist and Government Participation

The Road to a Downstream Emissions Trading System: Designing a Scheme Combining Motorist and Government Participation

Investigating the impact of carbon tax on socially responsible corporate governance: The case of South African motor vehicle manufacturers

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