What happens to Sasol’s Secunda Coal-to-Chemicals-and-Liquids facility, which is a major contributor to the domestic economy, illustrates the difficulties South Africa faces in its transition to a lower-carbon future. Sasol, the only domestic source of petrochemicals for a myriad of downstream industries, is heavily reliant on coal, and hence is a major greenhouse gas emitter. Increasing carbon taxes, environmental pressures and potential carbon border adjustment mechanisms (CBAM), combined with declining coal and gas reserves that could affect its export markets, cloud its future.
This development dialogue will discuss the recently released TIPS report that explores these issues, other constraints facing Sasol and policy options going forward.
INVITE_DD__Petrochemicals_in_Context_of_SAs_Energy_TransitionAn_Analysis_of_Secunda