by Peter
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by Peter
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EE Publishers 30 June, 2014.
US President Obama’s proposed new rule to reduce the United States’ CO2 emissions by 30% from 2005 levels is likely to have far reaching consequences for South Africa which is arguably the most carbon intense economy in the world as a result of its dependence on coal fired power stations for 90% of its electricity generation.
South Africa has a distinct problem. Using the measure of CO2 versus GDP, we are the most carbon intense economy in the world and therefore South Africa will begin to feel the pressure from its trading partners. The parties to the Kyoto Protocol, to which South Africa is a signatory, have set themselves the target of agreeing to the form and content of an international legal regime by 2015 (the Twenty-First Conference of that Parties or COP 21) to deal with the global response to climate change from 2020. What is emerging from these on-going discussions is that developing countries need to make a greater contribution to this global response. South Africa has committed to reduce its greenhouse gas emissions by as much as 34% by 2020 and 42% by 2025…
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