Mining towards net zero
The industry’s ambition is to achieve net zero emissions by 2050.
Overview
In October 2021, the MCA confirmed the industry’s ambition to achieve net zero emissions by 2050, in support of the goals of the Paris Agreement.
The MCA and its members launched the Climate Action Plan in 2020 as a clear commitment to do the work needed to achieve net zero emissions.
This ambition can only be achieved through significant investment in technology. Member companies are proactively adopting or considering a range of existing and emerging technologies.
Members have identified the following actions to reduce reductions at scale (greater than 100,000 tCO2 per annum):
- Energy efficiency initiatives
- Replacing current energy sources with renewable energy
- Carbon capture and storage
- Additional flaring and gas capture equipment
- Flaring of underground emissions
- Ventilated air methane (VAM)
- Abatement (subject to safety considerations)
- Electrification
- Funding medium-longer term negative emission technologies
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