The conversation about #SouthAfrica's looming #electricitycrisis HAS to include coal.
Here's why: 🧵🧵
2/
Our energy sector is the 🥈 highest Green House Gas emitter of all 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 becoming less #efficient 📉
Its increasing Energy Return on Investment (or EROI) means that a higher energy input is needed to generate electricity!
The exact opposite of #renewable energy☘️… 🙄🙄
👇🏻👇🏻
ageoftransformation.org/what-south-afr…
4/
Globally, nearly 20 billion USD were invested into #lowcarbon energy systems like solar power 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 coal mining industry 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 nugget of wisdom do you share to keep the #coal sector happy while solving the national electricity crisis?
END🧵
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