Tesla moves a step closer to opening first European factory with German property deal

Tesla moves a step closer to opening first European factory with German property deal

FILE PHOTO: A demonstrators holds pro-Tesla poster during an action to support plans by U.S. electric vehicle pioneer Tesla to build its first European factory and design center in Gruenheide near Berlin, Germany January 18, 2020. REUTERS/Pawel KopczynskiBERLIN (Reuters) – U.S. electric car pioneer Tesla (TSLA.O) has agreed to buy a property on the outskirts…

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green energy

Green Energy: Sacrificing Poverty Alleviation for Climate Financing?

By ALEXANDER O’RIORDAN Green energy could be something of a magic bullet for social and economic justice because it will inevitably erode elites’ grubby hold on energy resources such as coal, oil and gas in much of Africa. Small-scale and affordable green energy solutions democratise access to energy because instead of having to broker a…

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energy crisis

South Africa’s Energy Crisis: Renewables for the Rich?

By SALIEM FAKIR South African citizens should brace themselves for a long journey of troubled co-existence with Eskom’s woes as the country’s energy crisis worsens. However, citizens with higher incomes are likely to become less dependent on Eskom because they can supply their energy needs through alternative power sources like renewables, solar-water heaters, gas and…

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