ESKOM's finance director Paul O'Flaherty is a DOFF BALL

On what planet does ESKOM’s finance director Paul O'Flaherty live?

The World Bank is considering loans to South Africa to the order of R29 Billion for new coal (3600 MW), nuclear (3000 MW+), and tiny little insignificantly solar plant (100MW). Commenting on this last week, in a news article entitled “Eskom goes low carbon”, he said, “The funding is well-aligned to jump-start progress on South Africa's commitment to a lower carbon footprint”. Lower carbon-footprint? What planet does he live on? Certainly not the rapidly heating up planet called Earth! How on this hot earth can the long term plans of THREE coal power stations + ONE nuclear + One tiny solar plant equal a commitment to a lower carbon footprint? This is a commitment to a HIGHER carbon footprint!

If ESKOM’s finance minister can’t get his math right, can we trust him with the World Bank’s money?

Frank

PS See also:

Gordhan pans opposition to Eskom's World Bank loan

Clean Energy for South Africa, not Coal