Coal 3 lock-in is driven by BEE interests at expense of people

You would think we would have learnt a lesson or two from total dependence on coal. The fuel provides 90 percent of South Africa’s electricity in addition to 40 percent of our liquid fuels.

Despite our coal abundance, the move towards its greater use for our energy system comes up against several constraints. These include environmental concerns, the carbon tax, the question of poor quality coal, the economics of coal mining and the logistics surrounding the extraction and distribution of coal.

In August, the cabinet authorised what most would consider an irrational lock-in. While the Medupi power station’s delayed completion and cost overruns are widely disdained, the cabinet has authorised the development of another large coal-fired power station, dubbed Coal 3. Read on IOL ONline >

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