South Africa has just been given a purse of $8.5 billion to help accelerated its move away from coal. But as the international climate negotiations wrapped up in Glasgow, a few key developments at home suggest that the continent’s biggest polluter is not in a hurry to end its relationship with coal. Leonie Joubert takes a closer look.
Fossil fuel industries still have an unfair advantage in South Africa: the economy externalises the costs of carbon emissions, the state subsidises the biggest emitters, and financial institutions still invest in high-carbon industries. How can the country level the playing fields for a greener economy? Leonie Joubert takes a look
The debt crisis that is crippling South Africa’s national power utility could open the way for the private sector to drive lower-carbon energy solutions in the form of utility-scale renewable projects and smaller community-level power suppliers. All it needs is for the energy ministry to approve the red tape that’s getting in the way, writes Leonie Joubert.
Years of poor management and corruption are finally catching up with South Africa’s electricity utility, Eskom, which is on the verge of bankruptcy, and couldn’t keep the lights on across the country this week. But failing coal infrastructure and the massive debt needed to keep it afloat could open the way for a speedy energy transition here, writes Leonie Joubert.