SA’s coal habit hurts carbon budget

SA will have to close either all its coal-fired power stations or Sasol’s coal-to-liquids plant by 2050 to stay within its carbon budget of 14 gigatonnes, Jesse Burton, a researcher at the University of Cape Town’s Energy Research Centre, says. In any event, SA cannot build more coal-fired power stations if it is to meet its commitments under the Paris agreement to reduce its share of emissions of greenhouse gases to keep the increase in global temperatures below 2ºC above… Read moreSA’s coal habit hurts carbon budget

Policy Brief: THE IMPACT OF STRANDING POWER SECTOR ASSETS IN SOUTH AFRICA

Context Increasing attention is being given internationally to the risks associated with unburnable carbon and stranded assets (UNEP 2015, IEA, 2014; Citi, 2015). Stranded assets are assets that “have suffered from unanticipated or premature write-downs, devaluations or conversion to liabilities” (Caldecott et al, 2014), arising from environmental regulation or other regulatory shifts, as well as market forces and other causes, including the falling costs of competing technologies and structural market decline. Citibank (2015) has estimated that the value of stranded… Read morePolicy Brief: THE IMPACT OF STRANDING POWER SECTOR ASSETS IN SOUTH AFRICA