JSE considers carbon credits trading

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JSE CEO Leila Fourie believes president Cyril Ramaphosa’s recently-unveiled plan to fix South Africa’s energy crisis could serve as a driver of economic growth in the country.

JSE CEO Leila Fourie believes president Cyril Ramaphosa’s plan to fix South Africa’s energy crisis could serve as a driver of economic growth in the country,The stock exchange is also looking into a “carbon credits” trading market that could bring even more opportunities to independent power producers .

Ramaphosa’s plan revolves around encouraging private power-generation projects to contribute to the national grid, so he plans to remove the existing thresholds on these projects. This could “build confidence, create momentum and provide an opportunity for growth” both for the JSE, and the economy at large.

“This list contains some of the country’s leading experts in the field of power,” said Solidarity chief executive Dr Dirk Hermann.

 

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