But Sasol shouldn’t rely on natural gas a transition fuel, say civil society organisations
“These solutions are well known and mostly under our control, and the investments required are cost-effective, preserving strong returns in our business, above the cost of capital,” Grobler added.
. Beyond 2030 Sasol had more than one viable pathway to reach its net zero ambition by 2050, with different options to transform its value chain.towards more transition gas and then to green hydrogen and sustainable carbon over the longer term “as economics improve for these options”. This requires national plans to be established by industry stakeholders and the government to develop opportunities and maximise localisation opportunities to create jobs and economic wealth.said civil society welcomes Sasol’s updated decarbonisation commitments and net zero ambitions.
“Sasol clearly recognises that the only financially viable option for its business, particularly in South Africa, is to ensure an urgent and just transition to renewables, green hydrogen, biomass and direct air capture.”
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