Resources industry report card spruiks ‘climate action’

Resources industry report card spruiks ‘climate action’

Vegetable oil, previous mining shafts to retailer vitality and turning coal into hydrogen are among the many applied sciences being trialled to cut back emissions within the sources sector.

A local weather motion report launched by the Minerals Council on Wednesday marks the primary three years of the business’s net-zero by 2050 efforts.

The carbon-laden sector makes up round 40 per cent of emissions lined beneath a not too long ago beefed-up nationwide emissions safeguard mechanism and accounts for over two-thirds of Australia’s exports.

Direct emissions from mining associated operations lined by the mechanism fell by 9.3 per cent in FY22, outperforming different sectors, the report discovered.

At the identical time, mining royalties and firm taxes greater than trebled, the Climate Action Plan Progress Report 2023 stated.

Reducing diesel use in mining is an enormous ticket merchandise – for working prices and air pollution – because the emissions equate to round eight million tonnes every year.

Japan’s Komatsu, for instance, is working with BHP, Rio Tinto and different worldwide corporations to develop a commercially viable electrical truck to be obtainable by the top of this decade.

Alternative fuels might bridge the hole till electrical trucking fleets are studying to be rolled out at mining websites.

For that motive, BHP’s Yandi iron ore mine is working with BP on a trial of “hydrotreated vegetable oil” for haul vehicles and different mining gear.

Old mining shafts are being thought-about as a doable vitality storage resolution. Yancoal has partnered with Green Gravity to check this know-how on the former Austar coal mine in NSW.

Newcrest Mining has accomplished electrical car research for its Cadia and Havieron goldmining operations, and begun a hybrid haul dump loader trial as a possible transition know-how.

Investment in photo voltaic and wind farms is underway to decarbonise Western Australian iron ore operations.

Meanwhile Orica is rolling out emissions-reduction know-how in NSW that goals to slash greater than half one million tonnes of emissions a yr and 11 per cent of Australia’s whole chemical business course of emissions.

The identical know-how shall be deployed on the Yarwun manufacturing facility in Gladstone, Queensland, to cut back emissions from the positioning by 200,000 tonnes per yr.

Other extra contentious case research embody Glencore’s challenge that may use coal and carbon seize and storage to make hydrogen and ammonia.

New guidelines demanding deeper emissions cuts from the nation’s 215 greatest emitters got here into impact on July 1.

Facilities might want to develop applied sciences and processes to cut back their emissions or spend extra on carbon offsets, or do each.

The sources sector can also be competing for a share of the $15 billion National Reconstruction Fund and $1.9 billion Powering the Regions Fund, that are key planks of federal Labor’s push to cut back nationwide emissions by 43 per cent by 2030.

Source: www.perthnow.com.au