Book contents
- Transitioning to a Prosperous, Resilient and Carbon-Free Economy
- Transitioning to a Prosperous, Resilient and Carbon-Free Economy
- Copyright page
- Dedication
- Contents
- Figures
- Tables
- Contributors
- Foreword
- Introduction
- 1 Policy Frameworks and Institutions for Decarbonisation: The Energy Sector as ‘Litmus Test’
- Technologies for Decarbonising the Electricity Sector
- Example Economies
- Cities and Industry
- Land Use, Forests and Agriculture
- Mining, Metals, Oil and Gas
- 20 Mining, Metals, Oil and Gas
- Addressing Barriers io Change
- Index
- References
20 - Mining, Metals, Oil and Gas
from Mining, Metals, Oil and Gas
Published online by Cambridge University Press: 08 October 2021
- Transitioning to a Prosperous, Resilient and Carbon-Free Economy
- Transitioning to a Prosperous, Resilient and Carbon-Free Economy
- Copyright page
- Dedication
- Contents
- Figures
- Tables
- Contributors
- Foreword
- Introduction
- 1 Policy Frameworks and Institutions for Decarbonisation: The Energy Sector as ‘Litmus Test’
- Technologies for Decarbonising the Electricity Sector
- Example Economies
- Cities and Industry
- Land Use, Forests and Agriculture
- Mining, Metals, Oil and Gas
- 20 Mining, Metals, Oil and Gas
- Addressing Barriers io Change
- Index
- References
Summary
The transition to a low-carbon economy will increase mineral commodity demands by up to tenfold by 2050. Improving the quality of lives in developing countries will further increase resource demands. Mineral ores are critical for manufacturing low-carbon technologies. The projected increase in demand provides a major business opportunity, in turn providing a driver for the required investment to move to low-carbon mining, processing and recycling. To improve efficiency and reduce the carbon footprint of mining and metals recycling, the industry can take advantage of solar photovoltaics, wind and batteries, and renewable energy power purchase agreements, and reduce flaring, venting and fugitive emissions. Adaptation to cope with extreme weather events is critical to ensure materials can be delivered to low-carbon technology producers. Reducing exposure to climate risks through an integrated adaptation–mitigation approach lessens operational, maintenance and insurance costs. This chapter reviews tools to help the sector simultaneously achieve both climate mitigation and adaptation cost-effectively.
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- Chapter
- Information
- Transitioning to a Prosperous, Resilient and Carbon-Free EconomyA Guide for Decision-Makers, pp. 529 - 568Publisher: Cambridge University PressPrint publication year: 2021