Financial
Banking on efficiency PDF Print E-mail
Tuesday, 17 January 2012 09:33

Income Tax Act-based allowances for energy efficiency

The release of the regulation1 on the allowance for energy-efficiency savings for public comment is delivering the currency upon which most organisations endeavour to capitalise: tax money! It is set to increase rapidly the uptake of energy efficiency, and is a key incentive to warrant energy efficiency economically viable.

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Eskom Economics lauded as new blueprint for business success PDF Print E-mail
Monday, 05 September 2011 11:25

Financiers and academics around the world have hailed a “game-changing” development that is “likely to change the face of capitalism forever”.

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The good corporate citizen PDF Print E-mail
Tuesday, 08 March 2011 12:31

Mervyn_King_upsampled_opt2.0Responsibility equals sustainability, as the example of Mervyn King reveals


He may lack the public profile of Al Gore or the populist appeal of rock star, Bono. But, when future generations of social analysts look back on the last two decades to identify those who had a significant impact on the way the world went about saving itself, it is likely that the contribution of Mervyn King will be no less significant.

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Eco-advantage PDF Print E-mail
Thursday, 23 September 2010 09:37

Generator_works_at_the_optSmall and medium-sized businesses can benefit from sustainability

 

With big business fast recognising the benefits of addressing and enhancing their triple bottom line performance, many small businesses struggle to understand the business case going down the sustainability road. This is based on the misguided belief by small business owners that their carbon footprint is insignificant and therefore any action taken to mitigate this impact would be seemingly meaningless in the greater scheme of things, and would go unnoticed.

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Electricity future in the balance PDF Print E-mail
Tuesday, 06 April 2010 07:31

World_Bank_loanWorld Bank decision is crucial for South Africa's economic future

The World Bank’s decision, due on Thursday this week, whether to give Eskom a $3.75-billion loan - the bulk of which will be used to complete its 4 800MW Medupi coal-fired power station in Limpopo, with the balance to be invested in wind and concentrated solar power projects - could have a telling influence on the country’s economic development in the immediate years to come. If activist environmental groups have their way, disputed global long-term environmental benefits will get preference over domestic short- to medium-term economic necessity.

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Rough guide to climate change financing PDF Print E-mail
Friday, 06 November 2009 05:57
dollar2_optCan money make the problem go away?
The World Development Report 2010 put the cost of mitigation in developing countries at US$400bn

Almost every day a think tank or non-governmental organisation (NGO) releases a new price tag for mitigating or adapting to the impact of climate change in poor countries.
The World Development Report 2010, the World Bank’s flagship annual report, put the cost of mitigation in developing countries as high as US$400 billion a year for the next 20 years, noting that adaptation investments could average $75bn a year from 2010 to 2050.
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Electricity scene PDF Print E-mail
Monday, 26 October 2009 07:46

Electricity_mainView from the outside

South Africa supplies two-thirds of the continent’s electricity and until recently, was one of the four cheapest electricity producers in the world. But lack of investment in the sector in recent years has left state-owned enterprise, Eskom, struggling to meet demand – and the time is ripe for independent power generation, according to an article recommended by one of our readers.

Last week, we reported on how the latest Eskom request for tariff increases will, over a period of five years, turn South Africa's once investment-friendly electricity cost regime into one of the most expensive in the world.

Commenting on the article, Alex Lambe suggested we take a look at an article in Power Engineering International entitled, "South Africa: Time is ripe for Independent Power" – and we did just that. Here is an extract from that article written by Chris Webb. The full article can be viewed at www.peimagazine.com.

About the electricity industry in South Africa, he writes that generation is dominated by Eskom, which supplies some 95% of South Africa’s electricity, and also owns and operates the national electricity grid. In global terms, the utility is among the top seven in generating capacity, among the top nine in terms of sales, and has one of the world’s largest dry-cooled power stations – the Matimba facility.

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Eskom Power Gauge