Exploring Carbon Tax on the Moatize – Nkaya Nacala Rail: Sustainable means for Malawi to generate possible USD100 million annually

Brian Phiri Kampanje

MPRA Paper from University Library of Munich, Germany

Abstract: This paper briefly analysed the social costs and environment impact of the Moatize- Nkaya Nacala Rail on the Malawian communities as well as the economic impact on the country. The findings are that Malawi is worse off than before in view of poor negotiations and failure to enter into agreement with Mozambican Government. It is recommended that Malawi must introduce a carbon levy of USD5.00 per tonne and earn at least USD100,000,000.00 in each fiscal year. This money should be used for restoration of the environment across the country but also serve the affected communities. This will be a guaranteed source of much needed forex as well.

Keywords: Carbon; Tax; Rail; Coal; Malawi; Forex (search for similar items in EconPapers)
JEL-codes: H20 H23 H27 (search for similar items in EconPapers)
Date: 2022-08-15
New Economics Papers: this item is included in nep-ene and nep-env
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:114350

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