Analysing the abandonment of coal and the increasing dependence on so-called renewables in the generation of electricity, retired statistician, Dr Pali Lehohla (Business Report, October 14) rightly and refreshingly asks if “there is no end in sight to the exercise of stupidity in this country.”
Dr Lehohla’s condemnation of the official embrace of renewables is premised on an incontrovertible reality: the economically illogical abandonment of the country’s ‘black gold’—coal—in exchange for expensive, imported so-called renewables.
Expanding on that, Lehohla points out that the costs of the so-called just energy transition (JET) are what is driving up Eskom’s new, unaffordable tariff charges. In that regard, he dismisses as a false narrative Eskom’s claim that load shedding was mitigated by the generation of 6,000 megawatts by renewables.
Indeed, the entire JET exercise is based not only on false science but on utterly disingenuous economics, which is why Dr Lehohla brands JET as a “Trojan horse that will further damage our energy security.”
It is deliberate, educated ignorance to premise decarbonisation and its corollary, de-industrialisation, on the falsehood of human-driven global warming. But unfortunately, the Orwellian agendas of global power elites which have captured all but a few political leaders like Donald Trump and Javier Milei of Argentina, prevail in South Africa.
A superb example of the Trojan horse direction of which Dr Lehohla warns features in the Business Report of October 15. Deceitfully, the report claims the newly formed Investment Forum will “unlock funding for renewable energy.”
The key word in that is “lock” because its meaning is ambivalent. For the investors, it promises an unlocked cascade of financial returns from its captive client, South Africa. But for South Africans, it means being locked into ever-higher electricity costs and state indebtedness to global controllers.
The projection that annual investment in renewable capacity will have to triple every year until 2030 to reach the false, unscientific target of staving off a 1,5° C temperature increase, makes it clear that financial enslavement to an oligarchy is what the future holds.
This direction is more than an exercise in stupidity, as Dr Lehohla states. It is brazen betrayal and treason. The absolutely unaffordable 36% tariff increase that Eskom is demanding is largely the result of JET madness and carbon tax.
The effect of a 36% tariff hike is going to result in terminal impoverishment as the prices of everything will become unaffordable for all except the elites and the politicians. Unless the GNU wakes up to the JET Trojan horse, whatever else it may achieve will be worthless.
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