What Mining Firms Should Know About Decarbonization, Climate Risk
Over the last decade, the impact of climate change and how the mining industry can respond to it has become a popular discussion topic. Most mining operations operate in harsh conditions. However, predictions of hazards such as heat, drought and heavy precipitation show that the effects of harsh climates may get more intense and frequent, which only grows the challenges mining operations will have to endure. Under the Paris Agreement, which was signed in 2015, 195 nations entered into an agreement that would require them to restrict global warming to under 2 degrees Celsius. For this to be achieved, most,…