Putting a Price on Carbon : Economic Instruments to Mitigate Climate Change in South Africa and Other Developing Countries

"The papers in this proceedings address a variety of themes in this area: emissions trading, carbon taxes, fiscal and non-fiscal instruments, policy and institutional dimensions, and lessons from the Clean Development Mechanism. There has been extensive debate among researchers in developed countries whether an emissions trading scheme or carbon tax is the best means to ‘put a price on carbon’. Other economic instruments could contribute to mitigation of greenhouse gas emissions indirectly, including tradable certificates for renewable energy or energy efficiency. The conference organisers intended to take up the debate on how such instruments might apply in South Africa and other developing countries, putting carbon pricing in the context of broader policy on climate and development."