Cap and Share in South Africa – A plan for cutting carbon emissions and reducing economic inequality

Fresh off the wires from Jozi:

How do we cut the emissions from burning coal, oil and gas that are destabilising our global climate system at alarming speed – while at the same time reducing economic inequality? There is a way – it’s a plan called ‘cap and share’, a version of which has already been mooted in the US Senate. Cap and Share has been described as ‘fair, simple, practical, effective, cheap, easy and empowering… not a tax – it puts us in charge, and it protects the poor’.

Economist Jeremy Wakeford will explain Cap and Share and how it might work in South Africa:

Saturday 23 October, at 10am: Cape Town Central Library (.ics. calendar appointment attached – click to add to your calendar)

Park on Grand Parade: or walk, bike, use public transport! The library is next to the City Hall.

Read more about Cap and Share at

For interviews on Cap and Share, please contact Jeremy Wakeford on 079 018 9876.

For other info and more about the Sustainability Action Movement, contact David at or 0845 22 0968.

Presented by the Sustainability Action Movement, Association for the Study of Peak Oil and South African New Economics Network.

More about Cap and Share

The Sustainability Action Movement (SAM) seeks a just and truly sustainable future for all South Africans. Inspired by the Freedom Charter and Earth Charter, we are working for a society, economy and environment in which all can live a decent life. SAM works to build public understanding of the oneness of our social, economic and environmental crises, and to promote integrated solutions to these problems.

The Association for the Study of Peak Oil and Gas (ASPO) is an international coalition of concerned people focussed on the supply of fossil fuels and the environmental, economic and societal issues that derive from this. The term “Peak Oil” refers to the maximum rate of production of oil in any area [and globally] recognising that it is a finite natural resource subject to depletion. ASPO South Africa is a Section 21 company that has been formed to work in partnership with international groups to raise awareness of these issues but to focus particularly on aspects that are unique and important to South Africans.

The South African New Economics Network (SANE) is a network of organisations and individuals developing new economic and financial models designed to promote poverty alleviation, community self-reliance, civic redevelopment, ecological sustainability, social equity, and economic justice for all South Africans.