Mining Companies Call Themselves Green in Push for Investor Cash

by touting their production of materials that go into wind turbines, power lines and batteries.big businesses mining coalThe International Energy Agency said in a May report that while coal mining will decrease dramatically in the coming years, “the mining of minerals needed for clean energy transitions increases very rapidly” in a global economy focused on bringing down carbon emissions.

Demand for lithium used in batteries, for instance, is expected to expand by a factor of 30 by 2030, according to the IEA. Cobalt and nickel also will be needed for batteries while copper will be used by transmission lines, electric vehicles and wind turbines. “Metals are at the heart of the new economy, they’re key to the transition to new technologies, EVs, energy storage,” said Mark Wade, head of sustainability research at Allianz Global Investors.

“For us as an industry, the transition to a decarbonized society and what that means to both demand and supply for our products becomes the defining issue of our time,” Anglo American PLC Chief Executive Mark Cutifani said at a recent Bank of America conference. London-based Anglo American “will be part of the solution” by providing the commodities required by the transition away from fossil fuels, he said.

ESG is anti-fossil fuel, not anti-carbon foot print… otherwise they’d be boycotting airlines, shipping, car makers, power, mining, e-commerce…

Another form of distractions ! I don’t see any sort of offsetting here . In the run to make all electric We are some where digging earth! Which is not a good idea at all ... I recently read that there is way to produce lithium from sea water .. if that happens it’s great

Next is trash companies claiming to be green by cleening up people's mess

For all those who are new to this working from home Bitcoin trading options Here's a little tip: Get a trusted Bitcoin expert and stick to him _Alexander56 Invest and play at similar times each day. Because : In times of chaos, your investment is your anchor to success

Couple of months ago I came across a recommendation about GeorgeLinf32 wealth how he helped investors to earn lots of money with their investments. and I decided to give a trial with the little I have. Now my little has turned into something great which was not my expectation

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Shareholders are pushing companies to make good on diversity promisesThe year 2021 is shaping up to set records for diversity proposals at U.S. company annual meetings. If they don't they're on 'The Wrong Side' Artist/Writer: Michelle Storm $xlm horrible
Source: latimes - 🏆 11. / 82 Read more »

Interactive Brokers founder: Don't short AMC, meme stocks — they can soar to 'unimaginable highs''These prices can go to unimaginable highs before they settle down to a reasonable valuation,' Interactive Brokers' Thomas Peterffy told CNBC on Monday. Thomas Peterffy chuckled at the leading unsophisticated investor question. It's funny to see CNBC legit had a meeting beforehand talking about ways to try and get a 'gotcha' headline. Lol. Warn going against it, instead of talking about what actually this sort of crap brings to markets perception and warning against looking at these kinds of investments! Friggin clowns u all are lol. Oh, unless ure all in and pumping the stock-oh wait, that would be illegal! You con’t to sound more unprofessional & uneducated with your questioning! You’re basically trying to get someone to say retail investors (Hard-working people globally) are pretty much dumb investors?!
Source: CNBC - 🏆 12. / 72 Read more »

Why Doing Good Is No Longer Bad BusinessThe focus on environmental, social and governance changes at America's biggest companies is a response to demand from consumers and investors, CGrantWSJ writes CGrantWSJ Bitcoin launched a true rival to fiat currency whose primary utility has devolved to a means of exchange and unit of account. Finally, Bitcoin did this in a way that was secure, private, and unstoppable. CGrantWSJ CGrantWSJ horrible
Source: WSJ - 🏆 98. / 63 Read more »

Hydrogen is the key to a low carbon economy, and these stocks will benefit, says UBSThe hydrogen economy is here. There a number of companies across sectors that will be affected, offering upside opportunity for investors.
Source: CNBC - 🏆 12. / 72 Read more »