While there are exceptions, such as the president of the US, that the migration from fossil fuels to greener power in order to limit climate change is inevitable and necessary is beyond debate. The world is already making strides aided by changes in technology that may make what seemed overly ambitious and expensive just a few years ago attainable. Of course that will also depend on governments setting up appropriate policy frameworks and ensuring regulations do not stand in the way of market-based solutions. In SA, a related concept has been getting traction though it is not clear if this is merely lip service. The concept of a “just energy transition” adds a social element, to ensure the move is linked with other goals such as reducing poverty and inequality.  While there is no clear agreed definition, the consensus view is that a move to a zero-carbon economy should not leave current levels of poverty and inequality intact. SA being unprepared to take hold of opportunities pr...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now