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South African Petrochemical Company Sasol Is Moving Away From Fossil Fuels, Germany Again Refused To Send Tanks To Ukraine

South African Petrochemical Company Sasol Is Moving Away From Fossil Fuels, Germany Again Refused To Send Tanks To Ukraine| FXMAG.COM
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Table of contents

  1. In this article:
    1. Away from fossil fuels
      1. No tanks form Germany
        1. The energy transition

          Companies are the main producers of pollution, which is why more and more of them are choosing renewable energy. The South African company is also moving towards net zero carbon. What's more, Germany refuses to support Ukraine, which is fighting the occupiers.

          south african petrochemical company sasol is moving away from fossil fuels germany again refused to send tanks to ukraine grafika numer 1south african petrochemical company sasol is moving away from fossil fuels germany again refused to send tanks to ukraine grafika numer 1

          In this article:

          • Away from fossil fuels
          • No tanks form Germany
          • The energy transition

          Away from fossil fuels

          The green revolution is taking place all over the world. Information also appears from Africa. More and more companies are moving to a plan to achieve net zero carbon emissions by 2050. South African coal-dependent Sasol said on Tuesday it had signed three wind power purchase agreements as it transitions to renewable energy to meet its carbon targets. Sasol said in a statement it was working with French gas company Air Liquide. Sasol also announced that it has signed a long-term contract with the Msenge Emoyeni wind farm in the Eastern Cape.

          Read next: Salesforce Is Being Tested As Its Growth Slows Down| FXMAG.COM

          No tanks form Germany

          The war in Ukraine has been going on for almost a year. Ukrainians are constantly fighting for their country, but they need the right equipment to do so. Many Western countries help Ukrainians in every way. Ukraine has long been begging for tank units from its allied West to counter the ongoing Russian invasion. But Germany again refused to commit to sending German tanks to Ukraine despite strong pressure.

          Last Friday's defense summit at Ramstein Air Base failed to produce a tank deal for Kiev, and so far only Britain has pledged to send 14 of its own Challenger 2 tanks to Ukraine. The latest comments from Berlin come after months of pressure on the German government to offer Ukraine some of its Leopard 2 tanks or allowed its allies to export their own German battle tanks.

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          On Saturday, the Baltic states of Estonia, Latvia and Lithuania issued a joint statement in which Germany would "supply Leopard tanks to Ukraine." Poland and Finland have repeatedly expressed their readiness to provide Leopard 2 units. France has stated that it does not rule out sending its own Leclerc tanks to Ukraine.

          The delivery of appropriate military equipment may determine the course and even the outcome of the war.

          The energy transition

          The world is racing against time to reduce its dependence on fossil fuels. There is a great challenge for the whole world The challenge is that while energy consumption per capita has peaked in many developed economies, it is increasing in those that are still developing. Energy changes do not take several years, but have been carried out for decades.

          Thanks to wind and solar, the share of low-carbon energy has recently accelerated, and the energy transition required today is unlike any other in history. The world needs so much more than just wind and sun to get through. Other renewable energy sources such as bioenergy and green hydrogen will be key.


          Kamila Szypuła

          Kamila Szypuła

          Writer

          Kamila has a bachelors degree in economics and a master's degree in finance and accounting, specializing in banking and financial consulting

          Follow Kamila on social media:

          Twitter | LinkedIn


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