We write to you as youth collectively concerned about the future of our world, particularly the ocean, air and environment all living things rely upon. We are just a few out of the millions of youthful South Africans who are conscious of the state we live in. Inspired by the sentiment of heroes past, we aspire to play a role in building a better future for our country.
It therefore makes little economic sense to invest in industries that exacerbate climate change, as immense externalised costs eventually emerge down the value chain. The United Nations, in fact, stipulated that $2.2-trillion worth of fossil fuel projects are at risk of being stranded — that is, being left valueless as the market for fossil fuels shrinks.
Sadly, our very own government ministries, such as the departments of mineral resources, energy and environmental affairs, through the goggles of sunset industry development, are creating an enabling environment for adverse climate effects. These are not just limited to those to be born in the future — many vulnerable and unprepared South Africans are already experiencing the dreadful repercussions of a fossil fuel-reliant global economy today, via the effect of accelerated climate change.
Active South Africans are aware that the renewable transition is complicated by the loss of livelihoods that may occur once coal mines, coal fire power stations and, hopefully, oil refineries close. This is a livelihood loss that unions have rallied against, despite it being in their best interests climatically.
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