10 Aug '17, 9am

Renewables offer mining a groundbreaking opportunity

Renewables offer mining a groundbreaking opportunity

An unprecedented drop in renewable energy prices, the high energy intensity of mining and the volatility of fossil fuel pricing have combined to create a groundbreaking opportunity for decarbonizing the mining industry — no pun intended. Seriously, the sustainability opportunity in front of mining companies across the world is no joking matter, and with potential to cut a gigaton of carbon, it’s time to take a hard look toward sustainable mining. To continue economic and demographic growth as a modern society, extraction of the commodities we depend on is essential. However, while the extractive industry radically has progressed in productivity and energy efficiency, it still remains an exceedingly energy- and carbon-intensive operation. The amount of renewables in the mining sector’s electricity mix is only 2.5 percent of the renewable energy used globally. Yet renewable ...

Full article: https://www.greenbiz.com/article/renewables-offer-mining-...

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