LETTER: Use pension money for green energy projects
Pension fund trustees are reluctant to pour their members’ money into ‘investing’ in Eskom debt
10 March 2020 - 16:39
Is it any wonder that pension fund trustees are reluctant to pour their members’ money into “investing” in Eskom debt? They all know it isn’t an investment at all. It is known that both wind and solar energy are far more cost effective solutions than coal and consequently they might be persuaded to invest in these projects.
Eskom would buy their “clean” electricity at far below the average cost of coal plants. It would get cheap electricity without having to build new plants...
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