IISD and TIPS webinar: South Africa's Energy Fiscal Policies

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Overview

This webinar, organised in partnership with Trade and Industrial Policy Strategies (TIPS), will provide participants with a first look at findings from the International Institute for Sustainable Development (IISD) report South Africa's Energy Fiscal Policies: An inventory of subsidies, taxes and policies impacting the energy transition, presenting key takeaways and recommendations.
 
The report explores the extent to which South Africa's current energy fiscal policies are aligned with its goal to develop a robust domestic energy system that can provide low-carbon energy at a fair cost to all. It provides clear recommendations for the government to align its fiscal energy policies with its climate and energy objectives.
 
Through a panel discussion and a Q&A session, participants will be encouraged to engage in a debate on carbon tax, bailouts, and what international moves to phase out fossil fuel financing and oil and gas exploration mean for South Africa.
 
Key questions

• Exemptions to the carbon tax need to be removed - carbon tax needs to internalise the social and environmental cost of the energy system, but with practical considerations on the social impacts and the impact on Eskom's finances.
• Bailouts - although we cannot allow the energy system to fail, how do we make the sector sustainable and ensure that bailout funds are enabling a transition rather than inhibiting it?
• What do international moves around phasing out fossil fuel subsidies and oil and gas exploration mean for SA's energy sector?
• Is the tax system doing enough to take account of external costs in energy pricing?

AGENDA 

Registration

Register online: https://us06web.zoom.us/webinar/register/WN_5yhGna3LQYicnioMFvzAHg