Peter Attard Montalto adds nothing new to the deluge of claims over the last few years about the supposed benefits of decentralised energy generation (“Holding on to central control of energy holds us all back (https://www.businesslive.co.za/bd/opinion/columnists/2021-05-02-peter-attard-montalto-holding-on-to-central-control-of-energy-holds-us-all-back/)”, May 2). And his stated faith in market mechanisms is a few decades out of date.
Like others, he fails to address or consider the implications for public finances — notably through Eskom, a behemoth in an indefinitely bad financial situation that remains a serious threat to fiscal stability...
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