#FactFriday – THINGS TO WATCH OUT FOR IN 2016 AND BEYOND

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As the SDG era gathers momentum, the following should be watched out for in 2016 and maybe even beyond:

  • Falling oil prices will impact investment in renewable energy positively.
  • The bid to expand carbon pricing quickly will be a supporting factor for sustainable development in national and regional levels.
  • The growing sale of subsidiary businesses (divestment) and broader disruption in the energy market will keep the coal industry on a downward course and force the oil and gas industry to comply with the low carbon future.
  • The relationship between energy and inequality will be of more importance as renewable energy will be affordable only to the rich while the poor will be left with the crude and dirty energy; only the rich will enjoy the ‘clean’energy.

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