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OLD KING COAL: Loaded for Bear: Why Minister Mantashe’s affection for coal is rooted in BEE, transformation

World 1 source 1 country 🔦 Under-reported 5m ago

South African Minister of Mineral Resources and Energy Gwede Mantashe continues to advocate for the role of coal in the nation's energy mix. This policy stance is linked to the country’s Black Economic Empowerment (BEE) and transformation objectives, as domestic Black investors increasingly occupy the mining sector as international capital shifts away from fossil fuels due to climate concerns.

The minister’s position highlights a tension between global decarbonization trends and local socio-economic imperatives. By supporting coal, the government aims to maintain economic participation for historically disadvantaged groups while navigating the transition away from traditional energy sources.

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Read the full story at the source Daily Maverick (ZA) · ZA ↗
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