Minerals Council South Africa has signalled its support for South Africa’s transition to a low-carbon economy, but is concerned that the immediate risks associated with the country’s more ambitious decarbonisation targets are not being adequately addressed. CEO Roger Baxter told participants to a virtual Presidential Climate Commission dialogue on the just transition on Thursday that systemic policy interventions, and other support, were required to drive a “risk-managed decarbonisation journey for South Africa”.
If China puts the same financial heft behind green energy in emerging nations as it has in developing fossil fuels projects overseas, it’ll be a step change for global investment in renewables.
President Xi Jinping told the United Nations General Assembly this week that China will accelerate support to developing nations to install low-carbon energy sources as the nation also halts the building of new coal power overseas.
Sasol has announced revised and accelerated decarbonisation commitments. Engineering News Editor Terence Creamer unpacks the significance of the 2030 target and the group’s promise to be net-zero by 2050.
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