The South African government also needs to work closely with other African countries such as Egypt, Nigeria and Algeria, which must make hard choices in managing a low-carbon trajectory.
These countries face the challenge of undertaking structural diversification to create new industries that fully exploit their hydrocarbon endowments to improve their citizens’ living standards while promoting a gradual green transition. If it was not for hydrocarbons, Norway would not have built up fiscal resources and capabilities to become a knowledge-driven economy. Of course, governance and inclusive institutions helped, but oil and gas paved the way.
Countries such as Australia, India, Indonesia and China could also offer more pragmatic lessons for how South Africa negotiates tough trade-offs. Australia, for example, has adopted a diversified strategy that entails deepening partnerships with a range of countries such as the United Kingdom, Germany, Japan and Singapore.
Finally, it is the primary role of the state, rather than private markets, to guarantee the country’s security of energy supply. For this reason, investment in gas infrastructure and enabling Eskom to compete across the energy mix, both in South Africa and the broader African continent, could help the country become energy secure. Vote for an informed choice
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South Africa must approach its energy transition pragmatically - The Mail & GuardianSouth Africa must approach its energy transition pragmatically - A sensible climate policy must balance the imperative of decarbonisation, socioeconomic policy and security of supply considerations
Source: mailandguardian - 🏆 2. / 92 Read more »
South Africa needs to make pension system more inclusive, study says - The Mail & GuardianThe South African pension system needs reform and cannot stand against some of the world’s leading programmes, according to a global study on how nations are preparing their aging populations for retirement.
Source: mailandguardian - 🏆 2. / 92 Read more »
What COP26 means for South Africa | CitypressA mixture of vested interests, ideology and politics has resulted in mixed messages about how to deal with the urgent problems that plague our energy sector, particularly as concerns decommissioning Eskom power stations. 𝐈 𝐬𝐭𝐚𝐫𝐭𝐞𝐝 𝐞𝐚𝐫𝐧𝐢𝐧𝐠 𝐭𝐡𝐞 𝐝𝐚𝐲 𝐈 𝐭𝐨𝐨𝐤 𝐭𝐡𝐞 𝐜𝐨𝐮𝐫𝐚𝐠𝐞 𝐭𝐨 𝐠𝐢𝐯𝐞 𝐚 𝐭𝐫ial with Renee_tasker 𝐚𝐧𝐝 ever since then I have not had any issues of scam all thanks to 𝐬𝐮𝐜𝐜𝐞𝐬𝐬𝐟𝐮𝐥 𝐰𝐢𝐭𝐡𝐝𝐫𝐚𝐰𝐚𝐥. You can contact her :+1 (413) 300-1136 Confusing Ordinary People 26 times (COP26).
Source: City_Press - 🏆 7. / 72 Read more »
Eskom apologises to South Africa for rolling blackoutsEskom Chief Operating Officer Jan Oberholzer emphasized that blackouts are the last resort. dont apologize...do better Don't just apologise. Decrease rates. Can't expect increases due to your incompetence.
Source: eNCA - 🏆 49. / 51 Read more »
‘Terribly scary’: Dysfunctional municipalities are a threat to South Africa’s economy - The Mail & Guardian‘Terribly scary’: Dysfunctional municipalities are a threat to South Africa’s economy - The country’s local governments are a drag on investment, a strain on the fiscus and pose a critical sovereign risk All dysfunctional municipalities are run by the MYANC VoetsekANC Reason enough who not to vote for! South Africa was actually under an autopilot since 1994.
Source: mailandguardian - 🏆 2. / 92 Read more »
OP-ED: DON’T HESITATE, VACCINATE: We have a crisis: South Africa urgently needs leadership to roll out Covid-19 vaccine mandatesSouth African society is lit up by discussion and debate about the place of vaccine mandates in the fight against Covid-19. Conspicuous by their absence in this crucial issue are those elected and appointed to provide leadership at local, provincial and national level.
Source: dailymaverick - 🏆 3. / 84 Read more »