China can help SA get free of fossil-fuel dependence
23 August 2023 - 14:39
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As global clean energy leaders Chinese partners can help drag SA out of fossil-fuel dependence (“Ramaphosa to Xi: buy more SA goods”, August 22). The forex saved on oil imports through making use of local wind and sun resources will drive re-industrialisation if we subsidise our clean energy value chain.
However, we need to subsidise local manufacturing solar panels and batteries. Reliance on dumped Chinese exports hurts us. SA should partner with China but leverage its strategic nonalliance by drawing European financing for a decarbonised secondary industrialisation.
D Radebe Via BusinessLIVE
JOIN THE DISCUSSION: Send us an email with your comments to letters@businesslive.co.za. Letters of more than 300 words will be edited for length. Anonymous correspondence will not be published. Writers should include a daytime telephone number.
Support our award-winning journalism. The Premium package (digital only) is R30 for the first month and thereafter you pay R129 p/m now ad-free for all subscribers.
LETTER : Subsidise clean energy chain
China can help SA get free of fossil-fuel dependence
As global clean energy leaders Chinese partners can help drag SA out of fossil-fuel dependence (“Ramaphosa to Xi: buy more SA goods”, August 22). The forex saved on oil imports through making use of local wind and sun resources will drive re-industrialisation if we subsidise our clean energy value chain.
However, we need to subsidise local manufacturing solar panels and batteries. Reliance on dumped Chinese exports hurts us. SA should partner with China but leverage its strategic nonalliance by drawing European financing for a decarbonised secondary industrialisation.
D Radebe
Via BusinessLIVE
JOIN THE DISCUSSION: Send us an email with your comments to letters@businesslive.co.za. Letters of more than 300 words will be edited for length. Anonymous correspondence will not be published. Writers should include a daytime telephone number.
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