Anglo American Plc’s Moranbah North coal mine is among the biggest polluters in Australia. It’s also being hailed as a potential climate role model for the fossil fuel sector. That’s because London-based Anglo is curbing some of the most problematic emissions from this mine and two others by capturing methane—a greenhouse gas far more potent than carbon dioxide—from their underground coal seams through a series of shafts and networks of pipes. It’s supplying that fuel to nearby homes and businesses and using it to produce electricity for the grid.
This is a rare example of a coal miner successfully deploying technology that advocates of faster climate action insist is critical to help tackle a major source of planetary warming. Australia, which dominates the supply of steelmaking coal, is among the more than 100 nations that have signed a pact pledging to cut global methane emissions to at least 30% below 2020 levels by 2030. To accomplish that, the country will have to find a way to reduce the release of coal mine methane, which accounts for a rising proportion of the nation’s total methane emissions, currently almost a third.
Anglo estimates it’s capturing just over 42% of the methane that would otherwise leak out of its mines. “If you believe there’s a long-term future in steelmaking coal—and we do—we then fundamentally believe we have to be a responsible operator of that asset,” says Daniel van der Westhuizen, chief executive officer of Anglo’s Australian operations.
Bu hikaye Bloomberg Businessweek US dergisinin April 03, 2023 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber ? Giriş Yap
Bu hikaye Bloomberg Businessweek US dergisinin April 03, 2023 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber? Giriş Yap
Instagram's Founders Say It's Time for a New Social App
The rise of AI and the fall of Twitter could create opportunities for upstarts
Running in Circles
A subscription running shoe program aims to fight footwear waste
What I Learned Working at a Hawaiien Mega-Resort
Nine wild secrets from the staff at Turtle Bay, who have to manage everyone from haughty honeymooners to go-go-dancing golfers.
How Noma Will Blossom In Kyoto
The best restaurant in the world just began its second pop-up in Japan. Here's what's cooking
The Last-Mover Problem
A startup called Sennder is trying to bring an extremely tech-resistant industry into the age of apps
Tick Tock, TikTok
The US thinks the Chinese-owned social media app is a major national security risk. TikTok is running out of ways to avoid a ban
Cleaner Clothing Dye, Made From Bacteria
A UK company produces colors with less water than conventional methods and no toxic chemicals
Pumping Heat in Hamburg
The German port city plans to store hot water underground and bring it up to heat homes in the winter
Sustainability: Calamari's Climate Edge
Squid's ability to flourish in warmer waters makes it fitting for a diet for the changing environment
New Money, New Problems
In Naples, an influx of wealthy is displacing out-of-towners lower-income workers