What is mining doing to not become the new fossil fuels?
The sector is reducing emissions, but much larger issues are looming.
The shift to renewable energy and electrification is (slowly) reducing the importance of fossil fuels in our modern world – but that transformation is highly reliant on another extractive and polluting activity. As mining demand ramps up, how is the industry ensuring it doesn’t become the next problem to solve on the way to a sustainable economy?
The energy transition is accelerating: just this week, the International Energy Agency (IEA) predicted that global renewable capacity will double in the next five years – equivalent to adding the current renewable power generation of China, the EU and Japan combined to the global mix.