Based on the current trajectory of these plans, emissions intensity of power used in gold production is likely to drop by 35% by 2030, found the report’s authors.
Though the industry is well positioned to smoothly transition and hit the climate targets set by the Paris Agreement, there are several unknowns.
Additionally, though several high emission mines are expected to close or experience substantial reduction in use, nothing is guaranteed.
Because these grids are transitioning to environmentally friendly energy sources, mines using those grids will also reap the benefits.