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Apr 07, 2021

   

Industry News

Canada’s edge in the race to decarbonization

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Canada has a diverse, vibrant mining industry, but is also a global leader in establishing greenhouse gas (GHG) emissions reduction targets backed up with a federal carbon tax – although provinces may implement independent regimes, provided they broadly comply with the federal scope.

This juxtaposition of a prominent mining sector and GHG reduction leadership places Canada in an interesting position, which is highlighted by Skarn Associates’ research. We quantify mining sector energy use and carbon emissions intensity on an asset-by-asset basis globally, currently covering iron ore, copper, nickel, gold, metallurgical coal and aluminum (including bauxite and alumina). When this data is aggregated into country totals and averages, a picture emerges of each country’s competitive position with regard to GHG emissions. Figure 1 shows total E0 for the major mining countries split by commodity; E0 is Skarn’s proprietary mine site Scope 1 (combustibles used on site) and Scope 2 (purchased energy) GHG metric.

This simple graph reveals some interesting facts. Canada’s total carbon emissions from the five commodities are substantially lower than Australia, the United States, Russia, South Africa, Indonesia, Chile and Brazil. Figure 2, which shows each country’s percentile position on Skarn’s E1 GHG intensity curve for each commodity, reveals yet more.

To read the full story from Canadian Mining Journal, click HERE.