Economic Implications of Carbon Taxes in South Africa - UNU-WIDER

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Energy ProductionCoal-firedNuclearHydropowerGas-firedElectricityPartly exportedCoalNatural gasRenewablesWasteCoal-to-liquidFinal usersIndustriesHouseholdsGovernmentInvestmentImportedCrude oilGas-to-liquidOil refiningPetroleumFeedstockBiofuels

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Energy UseEnergy efficiency =Energy inputIndustry output• Energy efficiency determined by…– Existing technologies– Energy prices (provided there is new investment)– New investment (provided the price rises)

Page 1 and 2: Economic Implications of CarbonTaxe
Page 3: Energy-Economy Model• South Afric
Page 7 and 8: Electricity InvestmentsSystem capac
Page 9 and 10: Results: GDP and Employment LossesE
Page 11: Conclusions• Carbon taxes reduce

Economic Implications of Carbon Taxes in South Africa - UNU-WIDER

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