Just Transition to cost ZAR 6 Trillion-NBI, BUSA, BCG
South Africa’s Just Transition to net-zero by 2050 could cost at least in the region of ZAR 6 trillion
South Africa’s Just Transition to net-zero by 2050 could cost at least in the region of ZAR 6 trillion
Surge in lithium demand forces Zimbabwe to act.
Value addition opportunities arising from the abundance of natural resources and discovery of strategic minerals like lithium, oil and gas presents an opportunity for economic transformation and inclusive growth. While the country is already tapping into these resources, there is scope for optimising benefits through investments in exploration, extraction and value addition, especially through the…
The global campaign to minimise greenhouse gas emissions has highlighted the transportation industry as one of the main producers of carbon gases, necessitating a special focus by sector innovators. Green hydrogen vehicles, pioneered in South Africa with global fanfare by mining giant Anglo through the fuel cell electric vehicle (FCEV) mining truck at Mogalakwena mine,…
South Africa’s massive winds and solar resources are expected to provide the tailwinds of the much-hyped green hydrogen strategy. As the Just energy transition gains momentum in South Africa to alleviate the energy crisis and Government taps into new energy sources, the discussion has accelerated from whether the country has the capacity to generate new…
Global experts meeting during a panel session at the 27th global climate summit (COP27) in Egypt have endorsed a new climate finance roadmap to mobilize $1 trillion in annual external finance required by emerging markets and developing countries—excluding China. According to the report, the world needs a breakthrough and a new roadmap on climate finance…
TotalEnergies is planning to explore for oil offshore South Africa’s West Coast, where environmental groups have increasingly opposed such activity. The French explorer proposes to drill one well, which could result in an additional nine wells depending on the success of the first, SLR Consulting, which is doing the environmental assessment, said on its website….
The Minerals Council of South Africa has reiterated that the mining industry will be proactive in addressing the serious challenges posed by climate change. The MCSA, led by environment head Stephinah Mudau, stated in their virtual meeting with the Portfolio Committee on Forestry, Fisheries, and Environment to discuss the Climate Change Bill that “the South…
Mzansi Energy Consortium (Mzansi Energy) has been appointed by Palabora Mining Company to develop a 132MWp solar photovoltaic (PV) plant and battery energy storage system (BESS) capable of storing 310MWh of electricity. The power plant, dubbed “Marula Green Power,” is expected to be built in two stages: construction and operation and maintenance. The project is…
The United Nations has announced that the Earth will reach a significant population milestone today, November 15, 2022. According to the UN Population Division, there will be 8 billion humans on the planet on November 15, a staggering increase from a 2.5 billion population just 72 years ago. This is expected to rise to 8.5…