• BUSINESS
    • FINANCE
    • LEGAL
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • HEALTHCARE & PHARMACEUTICALS
    • MEDIA & TELECOM
    • AEROSPACE AND DEFENSE
    • ENERGY
  • MARKETS
    • EUROPEAN MARKETS
    • ASIAN MARKETS
    • U.S. MARKETS
    • COMMODITIES
    • EMERGING MARKETS
    • DEALS
    • RATES & BONDS
  • WORLD
    • UNITED STATES
    • EUROPE
    • UNITED KINGDOM
    • ASIA PACIFIC
    • MIDDLE EAST
    • AFRICA
    • CHINA
    • INDIA
    • JAPAN
    • AMERICAS
    • FRANCE
    • GERMANY
  • POLITICS
    • GOVERNMENT
    • UNITED STATES
    • US SUPREME COURT
  • TECH
    • ARTIFICIAL INTELLIGENCE
    • CYBERSECURITY
    • SPACE
    • DISRUPTED
  • COMMENTARY
  • BREAKINGVIEWS
    • BREAKINGVIEWS PREDICTIONS
  • MONEY
    • WEALTH
    • FUNDS
    • ETFS
  • LIFE
    • LIFESTYLE
    • SPORTS
    • SCIENCE
  • SECTORS
    • ENERGY
    • HEALTHCARE
    • MEDIA & TELECOM
    • SUSTAINABILITY
    • ENVIRONMENT
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • AEROSPACE AND DEFENSE
FinanceTime
  • August 19th, 2026

FinanceTimeFinancetime

  • BUSINESS
    • FINANCE
    • LEGAL
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • HEALTHCARE & PHARMACEUTICALS
    • MEDIA & TELECOM
    • AEROSPACE AND DEFENSE
    • ENERGY
  • MARKETS
    • EUROPEAN MARKETS
    • ASIAN MARKETS
    • U.S. MARKETS
    • COMMODITIES
    • EMERGING MARKETS
    • DEALS
    • RATES & BONDS
  • WORLD
    • UNITED STATES
    • EUROPE
    • UNITED KINGDOM
    • ASIA PACIFIC
    • MIDDLE EAST
    • AFRICA
    • CHINA
    • INDIA
    • JAPAN
    • AMERICAS
    • FRANCE
    • GERMANY
  • POLITICS
    • GOVERNMENT
    • UNITED STATES
    • US SUPREME COURT
  • TECH
    • ARTIFICIAL INTELLIGENCE
    • CYBERSECURITY
    • SPACE
    • DISRUPTED
  • COMMENTARY
  • BREAKINGVIEWS
    • BREAKINGVIEWS PREDICTIONS
  • MONEY
    • WEALTH
    • FUNDS
    • ETFS
  • LIFE
    • LIFESTYLE
    • SPORTS
    • SCIENCE
  • SECTORS
    • ENERGY
    • HEALTHCARE
    • MEDIA & TELECOM
    • SUSTAINABILITY
    • ENVIRONMENT
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • AEROSPACE AND DEFENSE
South African Minister of Electricity, Dr Kgosientsho Ramokgopa briefs the media on implementation of the Energy Action Plan, at Tshedimosetso House in Hatfield, Tshwane, South Africa September 26, 2023.  Jairus Mmutle/GCIS/Handout via File photo
South African Minister of Electricity, Dr Kgosientsho Ramokgopa briefs the media on implementation of the Energy Action Plan, at Tshedimosetso House in Hatfield, Tshwane, South Africa September 26, 2023. Jairus Mmutle/GCIS/Handout via File photo
Home
Sectors
Sustainability

Exclusive: South Africa to miss 2030 emissions goal as it keeps coal plants burning

November 9th, 2023 | 06:11 AM SECTORS Sustainability 3

Facebook Twitter Google+ LinkedIn Pinterest

Worth reading...

US auto safety regulator probes 1.2 million Tesla vehicles over suspension failure risks
Fujimori's mining push could spur unrest in Peru, study says
NHTSA receives complaint related to some Honda minivan air bags
Australia watchdog reviews Big Four audit complaints amid KPMG probe
By Promit Mukherjee

South Africa will miss its binding 2030 carbon emissions targets under the Paris climate agreement, three senior government officials confirmed, as the country plans to run eight coal-fired power plants for longer than planned.

South Africa is the world's 11th biggest greenhouse gas emitter and has one of the world's highest per capita emissions.

It had committed under the Paris Climate Accords - a legally binding treaty on climate change - to cut emissions to between 350 and 420 million tonnes by 2030, from 442 million tonnes in 2020.

To achieve this, it planned to decommission eight coal-fired power plants, six by 2030 and the remaining by 2034, as power makes up half of its emissions, but switching to a renewable energy policy has been hampered by bureaucratic delays.

Now a power supply crisis makes this target unrealistic, said the officials, all of whom declined to be named because the information was not yet public.

"Our models suggest we will miss the 2030 target," an official in the president's office said, although he added that a new decommissioning target for 2035 was being discussed. South Africa has committed to net zero emissions by 2050.

An official from power utility Eskom also confirmed the target would be missed.

The environment ministry, which endorses climate targets, said the country remained committed to achieving its Paris agreement commitments and that it was too early to reach the conclusion that 2030 targets would be missed.

The ministry will be submitting its latest greenhouse gas inventory report to the United Nations before the COP28 summit which starts later this month, it said in an emailed response.

PARIS GOALS IN PERIL

South Africa's decision comes as several rich countries and companies are backtracking on climate pledges, and on Wednesday the United Nations said fossil fuel output by 2030 will be more than double levels consistent with the 2015 Paris climate goals.

Canada's auditor general on Tuesday said Canada would also miss its 2030 Paris targets. British Prime Minister Rishi Sunak in September delayed a 2030 ban on new petrol car sales by five years.

Global oil and gas behemoths BP BP.L, Shell SHEL.L and Exxon Mobil XOM.N have meanwhile either delayed or abandoned shifting to renewables. Several European countries reopened mothballed coal-fired power plants last year.

"It is very hard in the middle of a power crisis to be taking working coal-fired plants off the grid," Crispian Olver, executive director of the Presidential Climate Commission (PCC), told Reuters in an interview, urging South Africa to shelve the idea until the crisis is solved.

Electricity Minister Kgosientsho Ramokgopa told journalists in August that decommissioning plants must be delayed "given the crisis ... confronting us of existential proportions."

South Africa has been suffering blackouts of sometimes up to 10 hours a day for the past 18 months.

In an emailed response to Reuters questions, a spokesperson for the PCC admitted there were risks attached to extending the life of coal plants, including "reduced trade competitiveness, reduced access to capital, reduced geo-political influence... and the potential loss of existing international support."

Climate Action Tracker (CAT), an independent body tracking progress towards the Paris Agreement will publish an assessment of countries' climate goals at COP28, said Catrina Godinho, Climate Specialist at World Bank and a CAT member.

Missing emission targets "not only contribute to global climate change... they also negatively affects South Africans who live in areas with high pollution from coal plants," she said.

  • Topic
  • CLIMATE
  • CHANGE/SAFRICA (UPDATE 1, EXCLUSIVE, PIX)
Facebook Twitter Google+ LinkedIn Pinterest
Previous article US auto safety regulator probes 1.2 million Tesla vehicles over suspension failure risks

Related Posts

Sustainability
July 31st, 2026

US auto safety regulator probes 1.2 million Tesla vehicles over suspensi...

Sustainability
July 15th, 2026

Fujimori's mining push could spur unrest in Peru, study says

Sustainability
July 14th, 2026

NHTSA receives complaint related to some Honda minivan air bags

Sustainability
July 8th, 2026

Australia watchdog reviews Big Four audit complaints amid KPMG probe

Sustainability
July 6th, 2026

French firm Carester to build rare earths separation plant in Malaysia's...

Sustainability
July 1st, 2026

KPMG Australia brings in independent chairman after whistleblower allega...

The Wire
Aug 19th 3 h ago
Government

DOJ argues Comey novel shows he knew ‘86 47’ post was a thr...

Aug 19th 3 h ago
Business

Fed policymakers' inflation concerns increased at July meet...

Aug 19th 3 h ago
Sports

Swiss rider Poncini dies in Manx GP qualifying

Aug 19th 3 h ago
Business

Amazon plans drone delivery expansion to about 500 US local...

Aug 19th 3 h ago
Litigation

Abbott settles appeal over $495 million infant formula verd...

TRENDING ON FINANCETIME
Aug 19th, 2026 Sports

Mets' Jorge Polanco (ankle) to have season-ending surgery

Aug 19th, 2026 Sports

Reports: Phillies sign free agent LHP Nestor Cortes

Aug 19th, 2026 Business

US CFTC seeks comment on compute derivatives as AI demand grows

Aug 19th, 2026 Technology

Payments firm Stripe to buy AI developer platform OpenRouter

Aug 19th, 2026 Government

ABC says intimidation by Trump's FCC forced programming changes

Markets-Sectors
ENERGY -0.01%

  • BUSINESS
  • MARKETS
  • WORLD
  • POLITICS
  • TECH
  • COMMENTARY
  • BREAKINGVIEWS
  • MONEY
  • LIFE
  • SECTORS
  • Back to top
FinanceTime
FinanceTime

World Business & Financial News, Breaking US & International News

Additional Services
  • Privacy-Policy
  • Terms and Conditions
© Financetime.org 2026. All rights reserved. Hosted by LeadsDeposit.com
Produced by C-iT