South Africa may miss net-zero target by 2050, Business Day says
Bloomberg January 19, 2024
South Africa will probably fail to achieve its net-zero emissions goal by 2050 as outlined in the latest Integrated Resource Plan, Business Day newspaper reports citing an energy specialist in the department of mineral resources and energy.
The modeling concedes that reaching net zero without carbon offsets is “extremely difficult,” according to energy planning specialist Sonwabo Damba. Challenges include potential operation of coal-fired power stations beyond 2050 and the necessity of gas for cost-effective scenarios, driving emissions.
Net zero means reducing greenhouse gas emissions as close to zero as possible. The controversial carbon offsetting approach involves investing in environmental projects to compensate for emissions.
Discussions are ongoing to define net zero within the electricity plan. South Africa has officially stated its net-zero commitment but lacks detailed emission reduction plans, Business Day said.
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