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Large-scale gas generation projects would push electricity prices up 40%, and if carbon tax hikes are considered after 2030, by more than 60%, a study shows.
Driven by a desire to exploit the final boom of the fossil fuel industry - a campaign for gas is being waged, based not on what our electricity system needs, but what a handful of politicians and oil and gas executives want.
A study from a coalition of 86 corporations – including Eskom, Sasol and Shell – shows that very little natural gas is needed to achieve energy security. So why is government and business pushing a plan for a R628-billion spend – perhaps up to R1-trillion – on gas?