Climate Change

Ray Crossley

Climate Change

Counting the cost of carbon: Low Carbon Economy Index 2011

In South Africa, the government has outlined its ambition to hit a target of 17.8GWof renewable capacity by 2025. This would represent 9% of total generation (its current share of renewables is 0.2%). However, the extra cost of generating renewable energy is significant, with solar being five time more the current electricity retail price, and even biomas being twice the current retail price.

What's new

Water, food, energy and the green economy

Global warming and other factors have resulted in a strong movement towards a sustainable or ‘green’ economy across all sectors of the world economy. The United Nations Environment Programme defines a green economy as one that results in improved human well-being and social equity, while significantly reducing environmental risks and ecological scarcities. Read more

Carbon tax

A carbon tax is an environmental tax on energy sources that emit carbon dioxide. By taxing the burning of fossil fuels in proportion to their carbon content, the primary purpose of such a tax is to reduce emissions of carbon dioxide and thereby slow global warming. Read more

Smart-agri

While the agricultural sector is the most vulnerable to climate change, it is also a major cause, directly accounting for approximately 14% of global greenhouse gas emissions, or as much as 30% when considering land-use change, including deforestation caused by agricultural expansion. Read more

Low carbon economy

South Africa produces high levels of greenhouse gas emissions relative to the size of its economy, principally due to its heavy reliance on coal for electricity generation and, to a lesser extent, the manufacture of liquid fuel from coal. Read more

COP17 and what it means for business

The United Nations Climate Change Conference in Durban brought together representatives of the world’s governments, international organisations and civil society. The discussions sought to advance the implementation of the Convention and the Kyoto Protocol, as well as other plans and agreements reached at previous COP conferences. Read more

Local Contacts

Jayne Mammatt
Director
Sunninghill
Tel: +27 (11) 797 4128

Kyle Mandy
Director
Tax and Climate Change
Sunninghill
Tel: +27 (11) 797 4977

Luther Erasmus
Senior Manager
Water and Agriculture
Sunninghill
Tel: +27 (11) 797 4106

Kasief Isaacs
Director
Renewables
Cape Town
Tel: +27 (21) 529 2741

What's new:

Water, food, energy and the green economy

Global warming and other factors have resulted in a strong movement towards a sustainable or ‘green’ economy across all sectors of the world economy. The United Nations Environment Programme defines a green economy as one that results in improved human well-being and social equity, while significantly reducing environmental risks and ecological scarcities. Read more

Carbon tax

A carbon tax is an environmental tax on energy sources that emit carbon dioxide. By taxing the burning of fossil fuels in proportion to their carbon content, the primary purpose of such a tax is to reduce emissions of carbon dioxide and thereby slow global warming. Read more

Smart-agri

While the agricultural sector is the most vulnerable to climate change, it is also a major cause, directly accounting for approximately 14% of global greenhouse gas emissions, or as much as 30% when considering land-use change, including deforestation caused by agricultural expansion. Read more

Low carbon economy

South Africa produces high levels of greenhouse gas emissions relative to the size of its economy, principally due to its heavy reliance on coal for electricity generation and, to a lesser extent, the manufacture of liquid fuel from coal. Read more

COP17 and what it means for business

The United Nations Climate Change Conference in Durban brought together representatives of the world’s governments, international organisations and civil society. The discussions sought to advance the implementation of the Convention and the Kyoto Protocol, as well as other plans and agreements reached at previous COP conferences. Read more

Climate Change

Busting the carbon budget: Low Carbon Economy Index 2013

PwC's Low Carbon Economy Index 2013 reveals that based on current rates of emissions reduction and economic growth predictions, the total amount of carbon the world can emit to limit global warning to 2 degrees Celsius by 2100, as calculated by the IPCC, will have been used by 2034. The report warns that with the timeframe only just over 20 years away, 'climate risks are now business risks'. Global carbon intensity (the level of energy emissions per unit of GDP) now needs to reduce by 6% per year for every year until the end of the century to stay within the carbon budget set by the IPCC report. This is a level that has never been achieved before!



Local Contacts

Jayne Mammatt
Director
Sunninghill
Tel: +27 (11) 797 4128

Kyle Mandy
Director
Tax and Climate Change
Sunninghill
Tel: +27 (11) 797 4977
Luther Erasmus
Senior Manager
Water and Agriculture
Sunninghill
Tel: +27 (11) 797 4106

Kasief Isaacs
Director
Renewables
Cape Town
Tel: +27 (21) 529 2741