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Coal giant emissions to fall

Coal giant emissions to fall 19 February 2020

Coal giant Glencore says its carbon emissions will fall 30% by 2035 (via The Guardian)

By Jillian Ambrose

Mining giant Glencore has predicted its carbon footprint will shrink by almost a third by 2035, but will not set climate targets for the company.

The company expects its total carbon emissions to fall by 30% in the next 15 years as it gradually produces less coal due to the “natural depletion” of its coal reserves.

Glencore promised investors last year it would cap its coal production, and said on Tuesday that production was expected to fall as its Colombian mines close. It may produce less coal from mines in Australia and South Africa, too.

The Switzerland–based miner has also vowed to disclose its contribution to the climate crisis and show investors how it plans to align its business with the Paris climate goals from April this year.

Read more via The Guardian