{"id":15451,"date":"2022-10-26T15:47:31","date_gmt":"2022-10-26T15:47:31","guid":{"rendered":"https:\/\/www.africa-press.net\/botswana\/all-news\/europe-crisis-spurs-botswana-2-5-billion-coal-to-liquid-revival"},"modified":"2022-10-26T16:12:27","modified_gmt":"2022-10-26T16:12:27","slug":"europe-crisis-spurs-botswana-2-5-billion-coal-to-liquid-revival","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/botswana\/all-news\/europe-crisis-spurs-botswana-2-5-billion-coal-to-liquid-revival","title":{"rendered":"Europe crisis spurs Botswana $2.5 billion coal-to-liquid revival"},"content":{"rendered":"

Africa-Press – Botswana. <\/strong><\/span>Botswana is seeking to secure funding partners for a $2.5 billion plant to produce synthetic fuels from coal, a plan rekindled by the energy crisis playing out in Europe, according to its energy minister.<\/b><\/p>\n

The southern African nation has for nearly a decade discussed tapping its extensive coal resources to produce fuels to displace costly imports. That would follow the example of neighbor South Africa, which developed coal-to-liquids technology through Sasol Ltd. Government efforts to realize the project have accelerated since Russia\u2019s invasion of Ukraine.<\/p>\n

SIGN UP FOR THE ENERGY DIGEST<\/b><\/p>\n

\u201cLook at Europe, who are sending vessels coming down to Africa to get coal,\u201d Minerals and Energy Minister Lefoko Moagi said in an interview, adding that a quick transition away from fossil fuels isn\u2019t practical. \u201cThere\u2019s no moving away just like that,\u201d he said. \u201cPeople have to live.\u201d<\/p>\n

Botswana\u2019s view echoes a common argument in Africa against foreign financiers who shun funding for its projects that involve fossil fuels even though the continent is only responsible for about 3% of global greenhouse gas emissions. At the same time, regions of Africa offer some of the best conditions for clean energy including solar and geothermal technologies.<\/p>\n

\u201cYou have to balance between cleaner technologies, between ensuring that the carbon emissions are reduced but it can\u2019t just be a clean sweep,\u201d Moagi said.<\/p>\n

Botswana, a largely arid country that\u2019s the world\u2019s second-biggest producer of diamonds, plans to increase its energy mix to almost 40% renewables by 2036.<\/p>\n

Government first planned to own the plant entirely, but decided to take on private partners after the project was prioritized in order to grow the economy.<\/p>\n

Sasol, South Africa\u2019s second-largest greenhouse gas emitter, is searching for natural-gas supplies to replace the coal it uses to produce fuels in an effort to lower the company\u2019s environmental footprint. The Secunda complex alone ranks among the biggest producers of carbon dioxide.<\/p>\n

While seeking investors for the coal-to-liquids project, the government will also start a national energy usage study on Nov. 1 to identify areas off-grid renewable energy sources, such as solar and biogas, the minister said.<\/p>\n

For More News And Analysis About Botswana<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Botswana. Botswana is seeking to secure funding partners for a $2.5 billion plant to produce synthetic fuels from coal, a plan rekindled by the energy crisis playing out in Europe, according to its energy minister. The southern African nation has for nearly a decade discussed tapping its extensive coal resources to produce fuels […]<\/p>\n","protected":false},"author":84,"featured_media":15450,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,244],"tags":[233,237,234],"class_list":["post-15451","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-to-homepage","tag-africa-press","tag-africa-press-botswana","tag-botswana"],"yoast_head":"\nEurope crisis spurs Botswana $2.5 billion coal-to-liquid revival - Botswana<\/title>\n<meta name=\"description\" content=\"Botswana is seeking to secure funding partners for a $2.5 billion plant to produce synthetic fuels from coal, a plan ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/botswana\/all-news\/europe-crisis-spurs-botswana-2-5-billion-coal-to-liquid-revival\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Europe crisis spurs Botswana $2.5 billion coal-to-liquid revival\" \/>\n<meta property=\"og:description\" content=\"Botswana is seeking to secure funding partners for a $2.5 billion plant to produce synthetic fuels from coal, a plan ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/botswana\/all-news\/europe-crisis-spurs-botswana-2-5-billion-coal-to-liquid-revival\" \/>\n<meta property=\"og:site_name\" content=\"Botswana\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2022-10-26T15:47:31+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-10-26T16:12:27+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/botswana\/sites\/38\/2022\/10\/postQueueImg_26-63595c53308a1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"681\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/europe-crisis-spurs-botswana-2-5-billion-coal-to-liquid-revival#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/europe-crisis-spurs-botswana-2-5-billion-coal-to-liquid-revival\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/botswana\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Europe crisis spurs Botswana $2.5 billion coal-to-liquid revival\",\"datePublished\":\"2022-10-26T15:47:31+00:00\",\"dateModified\":\"2022-10-26T16:12:27+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/europe-crisis-spurs-botswana-2-5-billion-coal-to-liquid-revival\"},\"wordCount\":371,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/europe-crisis-spurs-botswana-2-5-billion-coal-to-liquid-revival#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/botswana\/sites\/38\/2022\/10\/postQueueImg_26-63595c53308a1.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Botswana\",\"Botswana\"],\"articleSection\":[\"all news\",\"economy\",\"to-homepage\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/botswana\/all-news\/europe-crisis-spurs-botswana-2-5-billion-coal-to-liquid-revival#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/europe-crisis-spurs-botswana-2-5-billion-coal-to-liquid-revival\",\"url\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/europe-crisis-spurs-botswana-2-5-billion-coal-to-liquid-revival\",\"name\":\"Europe crisis spurs Botswana $2.5 billion coal-to-liquid revival - 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