NEWS ANALYSIS: Mantashe, the fossil fuel dinosaur, holds our future in his hands
17 June 2021 - 05:00
The same day that minister of mineral resources & energy Gwede Mantashe delivered his budget vote speech calling for 1,500MW of new coal generation and sketching a vision of SA as a gas-powered economy based on new discoveries, the International Energy Agency produced a flagship report on the world’s goal of net-zero greenhouse gas emissions by 2050.
Its key message: there is no scope for new fossil fuel projects beyond those already committed to in 2021. If the world is to achieve its aim of limiting the rise in global temperatures to 1.5ºC, no new projects should be financed...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.