How will SA's proposed R319bn green hydrogen plans be funded? | Business

  • 📰 News24
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 80%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

It will cost South Africa close to R320 billion over the next five years to get green hydrogen projects off the ground, and a government-appointed panel has recommended 'bold' policy that enables private sector investment in the emerging industry.

Getty Images

It will cost South Africa close to R320 billion over the next five years to get green hydrogen projects off the ground, and a government-appointed panel has recommended"bold" policy that enables private sector investment in the emerging industry. Earlier in December, the Department of Trade, Industry and Competition released the Green Hydrogen Commercialisation Strategy for South Africa for public comment. In June 2021, Trade, Industry and Competition Minister Ebrahim Patel appointed a green hydrogen panel to put together the report. It builds on research by the Department of Science and Innovation since 2007 on establishing the green hydrogen industry.Get 14 days free to read all our investigative and in-depth journalism.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

stick to selling olifant tanks to the hardliners , that betterquick cash to steal.

the boerre , with their strap it with a cable tie , get the darkie to do things sweatshops ? Or the trumpet vuvuzela screaming ANC leaders that 'chairs' money ? Who will be the developers of this engineering , the founders of a hundred car brands in RSA ?

Massive nothing burger and money pit. Just more money for the begging hands of African politicians with no empathy or shame. The Chinese have recently done this process with sea water. We are behind before the race even started.

How can anything that needs batteries be green?

Here is some shocking facts about Electric cars....For the US to achieve their demand for electric cars by 2035 they need to build 384 new Graphite, 384 lithium, 384 nickel 384 cobalt mines.... and they still use 80% of coal fire power plants..... Not so green after all...

Too bad green energy is not actually green, nor does it produce enough energy to counter the costs

320 Billion of wich 200 Billion is going to the pockets of the corrupt officials

The panel is lying lol they want Raffle money Tjek we good to go

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in SG

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

US-Africa summit in Washington: Finance will help Africa over the just energy transition hurdleUS-Africa summit in Washington: Finance will help Africa over the just energy transition hurdle - The US has committed to aiding the continent in adapting to cleaner, renewable energy sources 🤨🧐African leaders try to form your own network and systems that benefits Africans. It's time we have our own NASA , BUILD Manufacturering companies own by Africans , come one leaders
Source: mailandguardian - 🏆 2. / 92 Read more »