Renewable energy, which was being referred to as a subsidy-pushed fringe technology as recently as last year, 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 of 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.
