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Just look at Beethoven, everybody told him he would never be a musician, just because he was deaf. But did he listen?

Just look at Beethoven, everybody told him he would never be a musician, just because he was deaf. But did he listen?

Just look at Beethoven, everybody told him he would never be a musician, just because he was deaf. But did he listen?

What is the estimated carbon pay-back period for (say) the Stiegler's Gorge dam (Rufiji Hydropower Project)???...

It takes huge amounts of coal to make 2.6 million m3 of cement/concrete and 64,000 tonne of reinforced steel etc etc !!

What is the estimated carbon pay-back period for (say) the Stiegler's Gorge dam (Rufiji Hydropower Project)???...

It takes huge amounts of coal to make 2.6 million m3 of cement/concrete and 64,000 tonne of reinforced steel etc etc !!

Begs the question: What is the actual percentage of renewables in Africa once all non renewables are removed 5%? 6%??..

“If we were to stop completely to fund any coal mining related activity, we could as well say we are stopping 80% of Africa’s electricity generation”.

Begs the question: What’s the actual percentage of renewables in Africa once all non renewables are removed 5%? 6%??..

Quite a statistic from the Standard Bank

“If we were to stop completely to fund any coal mining related activity, we could as well say we are stopping 80% of Africa’s electricity generation”

China Struggles for Coal
https://www.bloomberg.com/amp/news/articles/2020-12-22/china-s-struggling-to-keep-the-lights-on-amid-high-flying-demand?__twitter_impression=true
"authorities are urging coal miners to produce more"
"This is all happening as coal, the fuel of choice for a majority of China’s power generation, remains in short supply"
————————-
The Worlds second largest economy struggling to keep the lights on, and the Chinese authorities are urging coal miners to produce more !!

Nah, not dead !!

https://www.energyvoice.com/renewables-energy-transition/286873/botswana-coal-irp-solar/

https://www.reuters.com/article/standard-bank-coal-idUSL8N2IQ1ZB

Under a new fossil fuels financing policy, Standard Bank may only finance thermal coal mining projects that comply with international conventions on greenhouse gas emissions and the environment such as the Equator Principles.

“If we were to stop completely to fund any coal mining related activity, we could as well say we are stopping 80% of Africa’s electricity generation and we do not think that would be a responsible thing to do,” said Kenny Fihla, chief executive of Standard Bank Corporate and Investment Banking.

In South Africa more than 80% of electricity is generated through coal and lenders have not kept pace with international peers on ending funding for it.

pi
It definitely is!

I think some credit should be given to the bod (on this occasion) as the RNS is a clear concise explanation. I doubt it is even bias being an official statement that could be used in an action, and as a consequence their legal adviser will have gone over it with a fine tooth comb prior to release. I just hope their legal team have given better advice than their Broker !!

But coal is dead (?)

Truly anybody’s guess, as we only have one side of the story. ...

Can’t believe what I’ve just read?.. pmsl !!

The Worlds second largest economy struggling to keep the lights on, and the Chinese authorities are urging coal miners to produce more !!

And I thought coal was dead ;))

Well done JohnZ, always good to hear !! :))

Thank you esquimo !

I’m sure we could all do with some good news in these strange and trying times !!

Have a Great few days !!