Miners love to talk about "the markets," but
increasingly at industry conferences it is the carbon markets, and
not just the stock markets, that has everyone's attention.
Pressure is mounting on mining industry participants to make their
operations "carbon neutral" or "net-zero." But
what does this mean, and what are the strategic and legal
considerations that companies Bshould be evaluating?
The race to net-zero
In response to the 2015 United Nations Paris Agreement, which
formalized targets for lowering greenhouse gas (GHG) emissions,
countries and businesses alike have increased their public
commitments to reduce global emissions, with many countries
announcing aggressive GHG emission reduction goals and pledging to
be carbon-neutral or net-zero by 2050.