Our energy sector is the π₯ highest Green House Gas emitter of all the World's Industrializing countries (the G20) π₯²ππ₯². Coal is responsible for roughly 85% of our energy generation π€―.
Coal is becoming less #efficient π
Its increasing Energy Return on Investment (or EROI) means that a higher energy input is needed to generate electricity!
The exact opposite of #renewable energyβοΈβ¦ ππ
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 πΈ.
Over 100K people work in South Africaβs coal mining industry β.
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. ππ
Potential #joblosses increase the risk of strikes, destabilizing the economy and reducing the inclination of international investors to send money our way πΈπ South Africa was just downgraded in the list of suggested places to invest π¨π¨
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?
2/ Our energy sector has the π₯ highest Green House Gas emissions of any the World's Industrializing countries (the G20) π₯²ππ₯². Coal is responsible for roughly 85% of our energy generation π€―. #GHG
3/ Coal is now less #efficient π
The amount of energy required to get coal to create electricity is now higher, so basically nowadaysβ¦ itβs giving us back less than before!
The exact opposite of #renewablesβοΈβ¦ππ