[ICYMI] South Africa, the world’s 13th-biggest source of greenhouse gases, will need to spend $250 billion over the next three decades closing down its coal-fired power plants and replacing them with green energy. Moneyweb coal solar
South Africa, the world’s 13th-biggest source of greenhouse gases, will need to spend $250 billion over the next three decades closing down its coal-fired power plants and replacing them with green energy, according to a study.
With its aging coal-fired power infrastructure, much of which is nearing the end of its design life, and an economy heavily dependent on the dirtiest fossil fuel, South Africa is regarded as an ideal nation with which to forge an energy transition deal that could be mirrored in talks with other nations. Vietnam, Indonesia and India are seen as countries that could start similar talks to those being pursued by the African nation.
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