The world's biggest coking coal producer BHP has bought a $6 million equity...
LONDON - The world’s biggest coking coal producer BHP has bought a $6 million equity stake in a Canadian-based company that sucks carbon dioxide from the atmosphere, as miners’ quest to become sustainable and retain ethical investors gathers pace.
BHP, alone among the major miners has a target of net zero emissions by the second half of the century, in line with U.N. carbon-cutting goals. BHP said the direct air capture technology had the potential to deliver large-scale negative emissions. Oil and gas companies are also acknowledging the scale of their challenge, especially as pressure mounts on them over the downstream emissions from burning their products, not just the emissions caused by their own operations.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Disney in talks with AT&T to buy WarnerMedia's Hulu stake: VarietyWalt Disney Co is actively pursuing the purchase of WarnerMedia's nearly 10...
Read more »
Total buys 10 percent stake in Arctic LNG 2 project from NovatekTotal has agreed to buy a 10 percent stake in the Arctic LNG 2 project from Russ...
Read more »
Cathay Pacific in talks to buy stake in HNA's HK Express AirwaysHong Kong flagship carrier Cathay Pacific Airways Ltd said on Tuesday it is in &...
Read more »
Air France KLM shares slump as Dutch eye up bigger stakeShares in Air France KLM fell sharply on Wednesday after the Dutch government sa...
Read more »
Dutch take stake in Air France KLM to counter French influenceThe Dutch government will take a stake in Air France KLM equal to that of the Fr...
Read more »
West Point cadet is on life support after ski accident; family wants to extract his spermPeter Zhu's family said in papers filed Friday that preserving their son's sperm would give them hope of preserving the family name, in keeping with Chinese tradition.
Read more »
Best Buy and five other brick-and-mortar retailers whose shares are worth buying in 2019Best Buy and five other brick-and-mortar retailers whose shares are worth buying in 2019, says JeffReevesIP:
Read more »
CO2 emissions in UK hit lowest level in almost a century, research claimsA report published by research group Carbon Brief on Monday said CO2 emissions in the U.K. fell for the sixth consecutive year in 2018.
Read more »
Shell facing multiple charges over corruption, emissions, and an explosionOil giant Shell will be prosecuted by the Dutch Public Prosecutor's Office over an allegedly corrupt deal in Nigeria, the company said on Friday.
Read more »