South African stupidity & unreality: Eskom Electricity – We will move AWAY from Coal – My Comments
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Video & Audio: The Military Mystery of why Ukraine Invaded Kursk in Russia
Nobody, not even military experts can explain exactly why the Ukrainians invaded Kursk in Russia. All the reasons that are given are minor and do not in any way really explain why the Army and the Government would throw their best troops into fighting for this Russian area that has no value.
[Here we have a parastatal organisation that can barely generate any power … these clowns and fools can hardly keep the simple process of electricity generation running. They can hardly even manage to build a new power station. But these bold clowns now want to MOVE AWAY FROM COAL? They can't even work with something as basic and well established as COAL and now they dream bigger dreams? They're a bunch of nuts. What a clown show. Jan]
Eskom Holdings chief executive officer Andre de Ruyter laid out a funding plan to help the company, which generates the bulk of South Africa’s power from coal, transition away from the use of the dirtiest fossil fuel.
De Ruyter said the company is proposing a multi-lender loan facility from development finance institutions that would be paid out in segments over a number of years. Mandy Rambharos, the head of Eskom’s just energy transition department, has previously said the transition could cost $10 billion.
The utility is considering 8 017 megawatts of projects, ranging from wind power to solar, hydropopwer and gas, he said in a presentation to the Presidential Climate Commission on Friday. The Komati coal-fired power plant will be the first to be converted away from the fuel and serve as a pilot project for the conversion of a number of other facilities.
Eskom and South Africa are under pressure to cut emissions of greenhouse gases and other pollutants as parts of the country are among the world’s most-polluted and the utility accounts for about two-fifths of the country’s emissions. South Africa is the world’s 12th-biggest emitter of the climate-warming gases.
In a separate presentation, Deputy Finance Minister David Masondo said there were a number of ways to resolve Eskom’s R400 billion debt burden, including asking for debt forgiveness at the sovereign level in exchange for meeting climate goals. An equivalent amount would then be given to Eskom as an equity injection, he said.
Other options include listing the company on a stock exchange or inviting foreign utilities to take a stake. Masondo said he isn’t in favor of shifting a portion of Eskom’s debt onto the state balance sheet or putting it in a special-purpose vehicle.
The proposals aren’t the views of the National Treasury, he said.
Source: https://www.moneyweb.co.za/news/south-africa/eskom-lays-out-plan-to-move-away-from-coal/
Video: What Adolf Hitler said about the Boers
I decided to look in Adolf Hitlers Mein Kampf (My Struggle) to see what he said about the Boers. Few know of his obsession with the Boers when he was a young man. In Mein Kampf I found many references which indicated that Hitler had a knowledge even of the black tribes that live in South Africa.
