The carbon footprint is high on the agenda of most cities. In February 2015 the City of Cape Town jointly with Munich, signed an agreement of 50 Municipal Climate Partnerships 2015. One aspect of this agreement is how the carbon agenda relates to transport. In acknowledging the need to address the carbon issue, TCT has developed an investment profile with a methodology as detailed as follows:
As detailed in the State of Energy Report for Cape Town, 2015, continued energy growth in Cape Town, in spite of the absolute decline in electricity demand, has been driven by higher than business-as-usual levels of transport fuel consumption growth. This is driven predominantly by the growth of private passenger transport. Although less than half of the city’s households own a car, private car ownership in the City is increasing at a rate of 4% per annum (2009 – 2013). An astounding 91% of all passenger transport-related liquid fuel is consumed by private cars, with an associated annual cost of R10 – R12 billion (ZAR in constant 2005 terms).
This represents a “dead weight” cost: economic value that could be available for local spending and the social cost of increasing trip time due to steadily increasing congestion. Public transport (rail, BRT, buses, and MBT) moves nearly half of all city passengers daily, and consumes only 9% of the total passenger transport related liquid fuel.