Thesis (M. Com. (Accountancy))--University of the Witwatersrand, Faculty of Commerce, Law and Management, School of Accountancy, 2014. / At the 2009 Copenhagen climate-change talks South Africa proposed a reduction in greenhouse gas emissions by 34% in 2020 and 42% in 2025. This report is intended to research and conclude upon whether South Africa can practically implement a carbon emissions tax in order to reduce the amount of carbon dioxide and other greenhouse gases emitted, as well as on whether the introduction of a carbon emissions tax would be an appropriate way in which to address the climate change problem and South Africa’s contribution thereto. The research undertaken is necessary as South Africa is a relatively large emitter of carbon dioxide and other greenhouse gases thereby contributing to the global problem of climate change which is caused by these emissions and if South Africa wants to honour its proposed reduction, a measure is needed in order to ensure South Africa reduces its harmful greenhouse gas emissions, of which the levying of a carbon emissions tax is researched as such a measure. The research, a detailed literature that identified potential areas of concern or negative impact on the economy and the identified ‘issues’ were when used in a correspondence survey to test the perception of professionals with a knowledge of the proposed carbon tax. The conclusion reached was that a carbon emissions tax cannot be successfully implemented at this time due to the prevailing economic conditions in South Africa as well as the potential resulting negative effects on the country’s low-income population and on South Africa’s international competitiveness. It is recommended that the possibility of implementing a carbon emissions tax should be re-evaluated at a future stage once the country’s economy is more developed.
| Identifer | oai:union.ndltd.org:netd.ac.za/oai:union.ndltd.org:wits/oai:wiredspace.wits.ac.za:10539/17052 |
| Date | 27 February 2015 |
| Creators | Edelstein, Alicia |
| Source Sets | South African National ETD Portal |
| Language | English |
| Detected Language | English |
| Type | Thesis |
| Format | application/pdf |
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