Oct 14, 2011
Climate policy to map out transition to low-carbon economyBack
© Reuse this
The policy would seek to balance the objectives of job creation, economic growth, environmental sustainability and reducing carbon dioxide (CO2) emissions.
“Many criticise that our key policies are being dominated by other underlying objectives, such as employment for example. It would be a grave mistake to approach any new policy only in terms of reducing the country’s carbon footprint. Hence a balanced and mainstream approach is needed for the benefit of all South Africans,” Molewa told Engineering News Online on the sidelines of the DBSA’s Greening Infrastructure Programmes in South Africa conference in Midrand.
The Minister said that the policy would not seek to unilaterally establish targets for industry and government departments in terms of the levels of CO2 emissions, as such a process required extensive consultation between all stakeholders.
She said the framework of the policy also took into consideration the country’s 20-year Integrated Resource Plan.
Molewa said the department would continue to further engage all stakeholders on the implementation process of the strategy outlined in the policy.
Further, Molewa said that trade and climate change policies were "two sides of the same coin” and that their alignment was inevitable.
“But any move towards a green economy should not impose trade barriers especially for emerging economies.”
She added that market-based policy measures, such as an escalating carbon tax to price carbon and internalising the external costs of climate change would be implemented.
“This will drive the diversification of our energy mix, and implement energy efficiency measures and investments in new and cleaner technologies and industries,” Molewa explained.
“Greening the South African economy represents a critical lever for bringing about the structural transformation needed for a more equitable and inclusive economy.”
Molewa called for public sector finance institutions and private developers to implement more integrated and environmentally appropriate development with regard to retrofits, new developments, infrastructure development and ecosystem maintenance.
While local content and innovation would be key drivers of the country’s climate change policy and the so-called green economy, Molewa acknowledged that this could only be successful if markets for innovation actually existed and could be sustainable.
The Minister was open about the need for government to fund institutions to the level that it should to enable the capacity to drive research and development.
“Over the past few years, government funding has been declining and this needs to change to ensure that the South Africa’s innovation and technology development capabilities are not eroded.”
Edited by: Mariaan Webb© Reuse this Comment Guidelines (150 word limit)
Updated 10 minutes ago British oil company BP expects to invest around $12-billion with its partners as part of a finalised West Nile Delta concession deal to develop 5 trillion cubic feet of gas resources and 55-million barrels of condensates. The supply deal will help Egypt as it tackles...
Updated 2 hours 44 minutes ago A second full electric vehicle has entered the South African market, following the local debut of the Nissan Leaf in 2013. The BMW i3 BEV sells for R525 000, while the derivative with a range extender, the i3 REx, sells for R595 000.
Updated 3 hours ago Amid an ongoing delay in the promulgation of the Final Position Paper on Biofuels by the Department of Energy (DoE), prospective biodiesel producers have cautioned that continued legislative uncertainty could cripple the fledgling industry. The ‘Regulations regarding...
Recent Research Reports
Construction 2015: A review of South Africa’s construction sector (PDF Report)
Creamer Media’s Construction 2015 Report examines South Africa’s construction industry over the past 12 months. The report provides insight into the business environment; the key participants in the sector; local construction demand; geographic diversification;...
Liquid Fuels 2014 - A review of South Africa's Liquid Fuels sector (PDF Report)
Creamer Media’s Liquid Fuels 2014 Report examines these issues, focusing on the business environment, oil and gas exploration, the country’s feedstock supplies, the development of South Africa’s biofuels industry, fuel pricing, competition in the sector, the...
Water 2014: A review of South Africa's water sector (PDF Report)
Creamer Media’s Water 2014 report considers the aforementioned issues, not only in the South African context, but also in the African and global context, and examines the issues of water and sanitation, water quality and the demand for water, among others.
Defence 2014: A review of South Africa's defence industry (PDF Report)
Creamer Media’s Defence 2014 report examines South Africa’s defence industry, with particular focus on the key participants in the sector, the innovations that have come out of the sector, local and export demand, South Africa’s controversial multibillion-rand...
Road and Rail 2014: A review of South Africa's road and rail infrastructure (PDF report)
Creamer Media’s Road and Rail 2014 report examines South Africa’s road and rail transport system, with particular focus on the size and state of the country’s road and rail network, the funding and maintenance of these respective networks, and the push to move road...
Real Economy Year Book 2014 (PDF Report)
This edition drills down into the performance and outlook for a variety of sectors, including automotive, construction, electricity, transport, steel, water, coal, gold, iron-ore and platinum.
This Week's Magazine
The World Bank, the European Union, the African Development Bank (AfDB) and the government of Sweden have agreed to provide Zimbabwe and Zambia with $294-million for the repair of structural deformations on the Kariba dam wall and avert the possible collapse of the...
Executive chairperson of the Global Electricity Initiative (GEI) Philippe Joubert says energy utilities globally, together with the business community more generally, have come to terms with the science of climate change, particularly as extreme weather events begin...
JSE-listed Emira Property Fund reported distribution growth per participatory interest (PI) of 9% for the six months ended December 31, 2014.
Sub-Saharan Africa is still faced with the challenge of providing citizens access to electricity and an additional $450-billion will need to be invested to ensure that people in urban areas have access to electricity by 2040.
Consulting Engineers South Africa (Cesa) last month said it was dismayed that the Department of Water and Sanitation (DWS) was seconding 35 Cuban engineers on a two-year contract to share their expertise with South African engineers in the water sector.