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Coal Finance

latest news & developments
An employee walks past stockpiled of coal for shipping at the Richard’s Bay coal terminal, in Richard’s Bay. (Dean Hutton/Bloomberg/Getty Images)
CANCELCOAL

The post-COP26 state of coal

Environmental organisations say that COP26 ended with ​​90 new coal power projects, worth a total of 88GW, are likely to be cancelled

  • Tunicia Phillips
5 min read
The fate of South Africa’s controversial Musina-Makhado Special Economic Zone (MMSEZ) in Limpopo is uncertain, according to activists who are celebrating China’s announcement that it will stop all international coal financing. (Qilai Shen/Bloomberg via Getty Images)
CENTRE FOR ENVIRONMENTAL RIGHTS

Environmental groups welcome China’s pledge on coal

Will China’s end of coal finance be the final nail in the coffin for MMESZ?

  • Tunicia Phillips
5 min read
Spiralling: Electricity tariffs have risen by more than 1 100% since 2007. In addition to consumption costs, there are layered costs for generation, theft and non-payment, among others. Photo: Madelene Cronje
ANDRE DE RUYTER

Is listing, privatisation the answer for debt-ridden Eskom?

The chief executive believes climate change is an opportunity for the utility to pivot from coal

  • Tunicia Phillips
7 min read