Mining giant notes bumps in road from brown to green
There is a a looming shortfall of the materials needed for electrification and the energy transition, according to a report released Friday by miner BHP and investment firm BlackRock on the challenges ahead facing the mining sector, new energy sectors, and hard-to-abate sectors such as steel making and cement.
Read MoreGreen group brands Japanese plastic-to-oil plan a “distraction”
An anti-plastics waste group has poured cold water on a consortium of Japanese heavyweights’ plans to skim microplastic from the surface of a harbour and turn it into oil, suggesting it is nothing more than a “distraction” in the climate debate.
Read MoreIndian green hydrogen ambitions may dampen Australia’s coal exports, report finds
Australia’s metallurgical coal may lose market share in coming decades as China’s steel industry recedes and its domestic production of coking coal rises while India’s plans to transition to using hydrogen in the steel making process could put a further dent on exports, according to a think tank.
Read MoreCO2 yet to decouple entirely from GDP growth, rating agency says
While the link between global CO2 emissions and GDP growth is getting weaker, it has yet to decouple entirely, said a research note published Thursday.
Read MoreMiners must do far more to align global critical mineral development with emissions targets, report says
A US-based think-tank has suggested better ESG practices, lower emissions technologies, and practices to conserve biodiversity near mines could have far-reaching implications for social licence and ultimately mine permitting, leading to faster development of the critical minerals needed for the world to meet net-zero goals.
Read MoreAmmonia trade set to scale up to support green hydrogen exports
Ammonia is likely to become a favoured method of transporting hydrogen, and export and import capacity to move it around will grow exponentially in coming decades, according to a report released Wednesday.
Read MoreMalaysian bourse trades 16,500 Verra-registered credits in second-day trade
The world’s first Shariah-compliant voluntary carbon market opened trading this week, attracting large players but modest volumes.
Read MoreAustralia could see big cut in emissions by decarbonising three exports -report
Australia could see a huge export boon and get closer to its targeted 43% drop in emissions by 2030 via investing to green three iron, ammonia, and aluminium, according to a report released Tuesday.
Read MoreFar more work needed to drive clean hydrogen uptake despite increase in projects, IEA says
Policy and direct investment need to match interest and rhetoric if hydrogen is to become a genuine source of large-scale clean energy, and project delays are to be expected given “stubborn” cost pressures, the International Energy Agency said Friday.
Read MoreAustralian superannuation fund adopts emissions standards, but may keep oil and gas investments
An Australian superannuation fund has announced emissions targets in line with the government’s plan to reduce emissions by 43% by 2030 over 2005 levels, though it will only decide on a policy towards oil and gas companies late next year.
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