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South Africa Seeks to Revise Major Climate Deal

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Acutel

Acutel, an investor and journalist, specializes in U.S. equities, emerging markets, and African finance.
  • Government proposes delaying coal plant closures to 2030
  • Potential loss of up to $2.6 billion in climate funding

 

South Africa initially agreed to close three coal-fired power plants in a significant step away from the dirty fuel source, which accounts for 80% of the country’s electricity production.

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