The BRICSA countries (Brazil, Russia, India, China and South Africa) are likely to play key roles in deciding the type of climate agreement that follows Kyoto. How likely are they to favour Cap and Share? Feasta intends to produce studies of the effects that Cap and Share might have on each. The pilot study, of the likely effects on South Africa, has just been completed by Jeremy Wakeford of South African New Economics. It will be used as a model for the remaining four reports. …
South Africa
South Africa and the Oil Price Crisis
Although oil prices are already causing extreme hardship to the poor in many African countries they are likely to go higher still. South Africa could use its prestige and power to work with its neighbours to prevent living standards getting even worse.
This document was printed for distribution at the energy conference in South Africa.
The full text of the document is included below, or download the PDF version.
According to the World Bank, higher energy prices can hit the poor twice as hard as those in the highest income group.1 A study in Yemen found that a $15 …
