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Blackouts and backsliding: energy subsidies in South Africa 2023

sheeja's picture
Submitted by sheeja on Fri, 2024-04-12 15:19

Blackouts and Backsliding presents the latest energy subsidy data for South Africa. South Africa's fossil fuel subsidies tripled between FY 2018 and FY 2023, from ZAR 39 billion (USD 2.9 billion) in FY 2018 to ZAR 118 billion (USD 7.5 billion) in FY 2023. The largest share of fossil fuel subsidies in South Africa in FY 2023 went to oil and gas consumption, carbon tax exemptions, and the electricity sector.

thesaurus: 
Fossil Fuels
Subsidies
Energy
South Africa
Publisher : 
IISD
Main Topic: 
Energy
Mark Content Private(Internal): 
External URL: 
https://www.iisd.org/story/south-african-energy-subsidies/
Email Alert: 
Publication Date: 
09/04/2024
Document Type: 
Reports