New plan to keep coal power stations alive may kill $8.5bn deal, critics warn | Business

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Critics have warned that a proposed new plan that could delay the decommissioning of old coal-fired power stations could threaten billions in funding from rich countries and hurt local exporters. It could also put thousands of lives at risk.

Following a presentation by Electricity Minister Kgosientsho Ramokgopa on Wednesday, Cabinet directed a further assessment on the electricity situation.

In 2021, Germany, France, UK, US and the EU pledged $8.5 billion to assist South Africa – one of the world's worst polluters – to reduce carbon emissions, including by closing some of Eskom's old coal-fired power plants. The average age of these power plants, excluding Medupi and Kusile, is almost 45 years. Air pollution from these old power stations is estimated to have killed thousands of people in recent years. Read this for free

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Rich countries still rely on coal power stations.only those small countries with the population of 80 000 citizens can rely on solar energy

What are “rich countries”? Do these countries have names? Why does always adopt government determined language?

But South Africa's coal exports is up by 300% to 'rich countries' We have 300 years of coal to burn. Either we burn the stuff or the 'rich countries' will.

SA needs electricity now! This is just another excuse not to solve the current crisis!

Let it die! We are dying from this load shedding!

Asof hulle omgee

We dont need these loans Time for SA to say no to the climate scam and walk away from the lunatic West.

SA has billions of USD dollars worth of coal reserves, and they will do anything to slow the country's economic growth. The 'billions of funding' are a carrot on a stick so leaders keep lying to citizens about 'green energy.' We have clowns for leaders📷, they will sellout

Kgosientsho_R we have been using coal for years🙄, CyrilRamaphosa all you care about is the funding

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