16 research outputs found

    2050 Scenarios for Long-Haul Tourism in the Evolving Global Climate Change Regime

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    Tourism and its “midwife”, aviation, are transnational sectors exposed to global uncertainties. This scenario-building exercise considers a specific subset of these uncertainties, namely the impact of the evolving global climate change regime on long-haul tourism (LHT), with a 2050 horizon. The basic problematique is that unconstrained growth in aviation emissions will not be compatible with 2050 climate stabilisation goals, and that the stringency and timing of public policy interventions could have far-reaching impacts — either on the market for future growth of LHT, or the natural ecosystem on which tourism depends. Following an intuitive-logic approach to scenario-building, three meta-level scenarios that can be regarded as “possible” futures for the evolution of LHT are described. Two of these, i.e., the “grim reaper” and the “fallen angel” scenarios, are undesirable. The “green lantern” scenario represents the desired future. Long-haul tourist destinations should heed the early warning signals identified in the scenario narratives, and contribute towards realising the desired future. They should further guard against being passive victims if the feared scenarios materialise, by adapting, repositioning early upon reading the signposts, hedging against risks, and seizing new opportunities

    Conversion and compulsion : North/South bargaining on trade-related aspects of intellectual property rights (TRIP's) during the Uruguay Round of GATT negotiations

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    Dissertation (D. Phil.) -- University of Stellenbosch, 1998.One copy microfiche.Full text to be digitised and attached to bibliographic record

    Die institusionalisering van betrekkinge tussen Suid-Afrika en die Europese gemeenskappe : 'n beleidstudie

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    Rugtitel: Suid-Afrika en die Europese gemeenskappe.Tesis (M.A.) -- Universiteit van Stellenbosch, 1993.Een kopie mikrofiche.Full text to be digitised and attached to bibliographic record

    Building bridges to 2020 and beyond: the road from Bali

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    What would the shape of a realistic, yet ambitious, package for the climate regime after 2012 look like? How do we obtain a package deal starting in Bali but building bridges to a post-2020 climate regime? A fair, effective, flexible and inclusive package deal has to strike a core balance between development and climate imperatives (mitigation, adaptation, dealing with the impacts of response measures, technology transfer, investment and finance) to create bargaining space and establish a conceptual contract zone. Within a continuum of possible packages, two packages in the contract zone are identified: ‘multi-stage’ and ‘ambitious transitional’. The latter is ambitious, combining domestic cap-and-trade for the USA, deeper cuts for Annex B countries, and quantifiable mitigation actions by developing countries. It is transitional as a possible bridge to a more inclusive regime beyond 2020. Multi-stage is defined around mechanisms by which countries move through increasingly stringent levels of participation, and must be based upon agreed triggers. Our assessment of political dynamics is that multi-stage is not yet in the political contract zone. Key to this is the absence of a ‘trigger from the North’, in that the largest historical emitter must act earlier and most decisively. But progress will also depend on continued leadership from Annex B countries, as well as more proactive, incentivized leadership in the South. Agreeing on the transitional stage is the critical next step in the evolution of the climate regime. Negotiating any package will require an institutional space for bargaining, political leadership and trust, and a clear time-frame

    Corporate governance, integrated reporting, and stakeholder management : a case study of Eskom

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    Please cite as follows: Vorster, S. & Marais, C. 2014. Corporate governance, integrated reporting, and stakeholder management: a case study of Eskom. African Journal of Business Ethics, 8(2):31-57, doi:10.15249/8-2-84.The original publication is available at http://ajobe.journals.ac.za/pub/article/view/84King III recommends the use of integrated reporting to report on an organisation’s corporate governance practices and triple- bottom-line (TBL) performance. This article qualitatively evaluates Eskom’s response to their stakeholders’ TBL interests and expectations. Eskom’s 2012 integrated report did not fully disclose stakeholder management at the rational level, i.e. it did not identify, group, and map its stakeholder groups with their respective TBL interests and expectations. Through content analysis, applying deductive coding on the Eskom 2012 integrated report, it was found that, at a transactional level, the report meaningfully disclosed the utility’s engagement with the majority of stakeholders’ TBL interests and expectations.http://ajobe.journals.ac.za/pub/article/view/84Publisher's versio

    Who picks up the remainder? Mitigation in developed and developing countries

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    A fair, effective, flexible and inclusive climate regime beyond 2012 will need several political balances. Mitigation and funding will be at the heart of the agreement. The IPCC’s Fourth Assessment Report indicates that absolute reductions will be needed in Annex I (AI) countries and substantial deviation from baseline in some non-Annex I (NAI) regions by 2020. Although the latter was not explicitly quantified by the IPCC, the EU subsequently proposed a range for developing countries. Sharing the burden for mitigation is essentially zero-sum: if one does less, the other has to do more. We critically examine the implicit assumption that NAI countries would pick up the remainder of the required global effort minus the AI contribution. We suggest that greater levels of ambition can be achieved by turning the formula around politically, starting from the achievable ‘deviation below baseline’ given NAI’s national programmes and appropriate international support. AI countries may have to exceed the IPCC ranges or pay for the remainder. For notional levels of NAI mitigation action, Annex I has to reduce by between –52% and –69% below 1990 by 2020, only dropping to a domestic –35% with commitments to offset payments through the carbon market. Given the large mitigation gap, a political agreement on the question of ‘who pays’ is fundamental. The carbon market will provide some investment, but it mainly serves to reduce costs, particularly in developed countries, rather than adding to the overall effort. Market-linked levies and Annex I public funding will therefore be crucial to bridge the gap

    2050 Scenarios for Long-Haul Tourism in the Evolving Global Climate Change Regime

    No full text
    Tourism and its “midwife”, aviation, are transnational sectors exposed to global uncertainties. This scenario-building exercise considers a specific subset of these uncertainties, namely the impact of the evolving global climate change regime on long-haul tourism (LHT), with a 2050 horizon. The basic problematique is that unconstrained growth in aviation emissions will not be compatible with 2050 climate stabilisation goals, and that the stringency and timing of public policy interventions could have far-reaching impacts — either on the market for future growth of LHT, or the natural ecosystem on which tourism depends. Following an intuitive-logic approach to scenario-building, three meta-level scenarios that can be regarded as “possible” futures for the evolution of LHT are described. Two of these, i.e., the “grim reaper” and the “fallen angel” scenarios, are undesirable. The “green lantern” scenario represents the desired future. Long-haul tourist destinations should heed the early warning signals identified in the scenario narratives, and contribute towards realising the desired future. They should further guard against being passive victims if the feared scenarios materialise, by adapting, repositioning early upon reading the signposts, hedging against risks, and seizing new opportunities

    Mitigating climate change through carbon pricing: An emerging policy debate in South Africa

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    South Africa is considering how best to contribute its fair share to the global effort to mitigate climate change. The domestic policy debate is characterized by a vibrant engagement involving government, business, labour and civil society. The policy option with greatest potential for reducing emissions is carbon pricing through a carbon tax or emissions’ trading scheme. The welfare and development impacts need to be carefully considered. The broader debate considers economic efficiency, environmental effectiveness, welfare impacts, competitiveness impacts, design implications given market concentration, and complexity and transaction costs. This article examines the challenges of pricing carbon given considerations of political economy, such as high unemployment, poverty and lack of access to basic services. The article shows a preference emerging for a carbon tax. A carbon tax does not create equivalent certainty with respect to environmental outcomes, but the tax level can be adjusted to achieve desired emissions reductions. Where the policy priority is price stability a tax is advantageous, providing long-term policy signals to investors, as well as price transparency, fiscal revenue stability, economy-wide coverage of emissions and administrative efficiency. However, three implementation issues need clarity: limiting welfare impacts on poor households; the feasibility of a hybrid model; and integrating carbon pricing with the broader transition to a low-carbon economy
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