The growth opportunity that energy adaptation provides must be seized
The structural change and the economic growth opportunity that the crisis in the Middle East is presenting on the energy front must be seized with both hands. Amid the financial extras that are being lumped on us, South Africa together with as many African countries as possible should request of China that the instant that the energy advances of its five-year plan attain viability, they should be implemented locally. Already, Toyota fuel cell trucks by the thousand are being powered by Sasol-type grey hydrogen in China and last year the Toyota fuel cell cars that were chauffeuring G20 and B20 celebrities around Johannesburg were powered by grey hydrogen directly from Sasol.
The window of opportunity that Anglo American declared to be wide open 15 years ago is now twice as wide open. South Africa plus Africa have a very good opportunity to sail through that window in collaborative private-public form. Let’s not let this opportunity slip out of our grasp this time around.
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