At talks in Glasgow last year, the EU, Britain, France and Germany promised $8.5 billion to help the country kick start a shift from carbon-intensive coal to cleaner energy.
“There was this chicken-and-egg situation where we were saying ‘give us chapter and verse on the deal’, and they were saying ‘let’s have a look at the investment plans’,” she said, explaining why it has not been finalised nearly a year later. “The investment plan is now ... ready for ministerial consideration. We are having that meeting this week or next week,” Creecy said.The priority is transitioning state power utility Eskom from coal – which provides 80% of power – to renewables, then later turn South Africa into a hub for green hydrogen and electric vehicle manufacturing.
Is that the reason we have load shedding?
Ayayaaa..they are using coal.
What an investment plan to discuss, all you need to do is to identify recently registered shelved entity with no track record, arrange NDA and have it purchase the cheapest solar panels and make it to secure exclusive right to be a sole distributor for twenty years,
Please hive the money to Gift of the Givers. The ANC will squirrel it away before you can blink.
So these guys are seriously planning to walk away from coal, yet we ave it in abundance? What then will become of towns that rely on coal mining for their survival, the millions of ppl?
I am glad Min Mantashe is not buying this Euro scam.
Pro-coal HardNUM?
KhandaniM Being the head of the home isn't easy, you are expected to provide for the home, I lost my job during the pandemic and relied on the little money I had,things were hard until I met JamesAlderson0 and started Bitcoin trading, I earned R800,000 in 3 weeks thanks JamesAlderson0
'Pro coal' C'mon guys 🤷♂️
South Africa's gutter media at it's best as usual..
RE has failed I'm EU mos
Haibo why did you use BarbaraCreecy picture instead of GwedeMantashe1