The conversation about #SouthAfrica's looming #electricitycrisis HAS to include coal.
Why? Let's have a look 🧵🧵🧵
2/
Our energy sector has the 🥈 highest Green House Gas emissions of any the World's Industrializing countries (the G20) 🥲🌍🥲. Coal is responsible for roughly 85% of our energy generation 🤯. #GHG
👇🏻👇🏻
news24.com/amp/fin24/clim…
3/
Coal is now less #efficient 📉
The amount of energy required to get coal to create electricity is now higher, so basically nowadays… it’s giving us back less than before!
The exact opposite of #renewables☘️…🙄🙄
👇🏻👇🏻👇🏻
ageoftransformation.org/what-south-afr…
4/
Globally, nearly 20 billion USD was invested into #low-carbon energy systems in 2022. These are funds that are NOT coming to our coal-generated electricity 💸.
👇🏻👇🏻👇🏻👇🏻
iea.org/reports/world-…
5/
Over 100K people work in South Africa’s coal mining industry ⛏.
So, because @eskom is on track to rapidly shut down its coal-fired power plants, 21% of jobs in our mining sector are at risk in the near future. 😐😐
👇🏻👇🏻👇🏻
ageoftransformation.org/what-south-afr…
6/
Potential #joblosses increase the risk of strikes, destabilizing the economy and reducing the inclination of international investors to send money our way 💸📉 South Africa was just downgraded in the list of suggested places to invest🚨🚨
👇🏻👇🏻👇🏻
dailymaverick.co.za/article/2023-0…
7/
POV: You can only have one drink with @GwedeMantashe1. What’s your nugget of advice to keep the #coal sector happy while solving the electricity crisis?
END🧵
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