Eskom has said retrofitting about half of its coal-fired plants with pollution-cutting equipment would cost more than R300-billion and boost electricity costs.
Author: Antony Squazzin
Envoys from some of the world’s richest nations have met with South African cabinet ministers to discuss a climate deal that could see billions of dollars flowing in the country.
Africa’s lack of industrial development puts it in a strong position to develop low-carbon manufacturing, McKinsey & Co said.
South Africa’s mining industry has given its backing to moving the economy away from coal but said it must be done gradually and responsibly.
Mining companies in South Africa are considering spending as much as R40-billion to construct 2GW of power generation capacity.