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Canada Nickel launches subsidiary to develop zero-carbon production of nickel, cobalt and iron

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has created a wholly-owned subsidiary, NetZero Metals, to begin the research and development of a processing facility that would be located in the Timmins, Ontario region with the goal of utilizing existing technologies to produce zero-carbon nickel, cobalt and iron products. Canada Nickel Company Inc.

Canada 318
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Researchers show oil palm plantation expansion a significant source of CO2; projected to contribute more than all of Canada’s current fossil fuel emissions by 2020

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Its expanding production is driving rainforest destruction and massive carbon dioxide emissions, according to a new study led by researchers at Stanford and Yale universities. Indonesia is the leading producer of palm and palm kernel oil. Marion Adeney (2012) Carbon emissions from forest conversion by Kalimantan oil palm plantations.

Oil 273
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PwC analysis finds meeting 2 C warming target would require “unprecedented and sustained” reductions over four decades

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PwC analysis finds a need for global carbon intensity to drop an average of 5.1% The analysis is based on a carbon budget that would stabilize atmospheric carbon dioxide concentrations at 450 ppm and give a 50% probability of limiting warming to 2 °C. —Leo Johnson, Partner, Sustainability and Climate Change, PwC.

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PwC: Global Carbon Budget For 2000-2050 Could Be Exhausted By 2034

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Global accounting firm PricewaterhouseCoopers has analyzed carbon emissions from 2000 to 2008 and concluded that the world’s “carbon emissions budget”, or ability to emit carbon dioxide while still maintaining a “fair chance” of limiting average global temperatures to no more than 2 ºC (3.6

2000 170
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Nornickel presents market review of nickel and platinum group metals

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This is primarily due to a significant surplus in the Class 2 market that occurred in 2022 and is expected to remain throughout 2023-2024, mainly owing to growing production of low-grade nickel in Indonesia. Nornickel remains the largest high-grade nickel producer with one of the lowest carbon footprints. Mt to 3.22

Market 304
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New study finds GHG emissions from palm oil production significantly underestimated; palm oil biofuels could be more climate-damaging than oil sands fuels

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When peat swamps are drained for agriculture, the peat begins to decompose, and is an enormous source of carbon emissions. Based on visual interpretation of high-resolution (30 m) satellite images, a new study in the journal Global Change Biology: Bioenergy determined that industrial plantations covered over 3.1 —Miettinen et al.

Oil-Sands 314
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Study finds GHG emissions associated with palm oil production have been significantly underestimated; implications for carbon intensity of biofuels as well as biofuel policies in Europe

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All conclude that while carbon losses from biomass replacement and land clearance are considerable, it is the large and sustained CO 2 emissions from drained peat that contribute most to overall emissions and biofuel carbon debts. greatly reducing or stopping carbon inputs to the peat from biomass. —Page et al.

Oil 239