Climate risk and decarbonization: What every mining CEO ...
· Coal, currently about 50 percent of the global mining market, would be the most obvious victim of such shifts. Decarbonization of the power sector would mean taking net GHG emissions to zero, implying an almost complete reduction in the combustion of coal. And if metal companies switch to hydrogen and biofuels as energy sources, demand for metallurgical coal will weaken. While coal .