Potential blow to Botswana as renewable energy eclipses coal

Renewable energy is very rapidly ousting coal, which could present a blow to Botswana, which has been pinning its hopes on coal replacing the static diamond industry as its new platform for economic growth. “Renewable energy is just about the only thing being invested in,” Fieldstone Africa MD Jonathan Berman told the first day of the heavily coal-oriented Botswana Resource Sector Conference on Monday.