Gwede Mantashe pours cold water on Eskom’s green dream

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Gwede Mantashe pours cold water on Eskom’s green dream 🔒

Mineral resources and energy minister Gwede Mantashe says he does not share Eskom’s enthusiasm for shutting down coal power plants and replacing them with renewable ones, because it is a strategy akin to economic suicide.

Eskom CEO Andre de Ruyter has set his sights on a “just transition” transaction for Eskom in which some of its coal-fired plants are retired earlier than the timetable contained in the Integrated Resource Plan, and replaced with 7,400MW of newly built renewable energy. De Ruyter hopes to raise R180bn in concessional finance but will need the government to do so — in particular, support from the Treasury...

 

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Time for the communist fossil to depart government. SA is becoming the pariah state as regards carbon emissions. Green energy and incentives to change habits is what is required. Reduced tax on electric vehicles as an example.

Anyone surprised that corrupt, slothful GwedeMantashe1 is against green new deal? PresidencyZA

Gwede is a one man roadblock to progress in far too many ways. He really is unfit for office. One cannot push some ideological agenda without public participation and broad reflection.

Of course the little man would

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