SYDNEY: Australia-based mining giant Rio Tinto on Wednesday announced plans to cut direct carbon emissions 50 per cent by 2030, ramping up previous targets as the firm tries to green its highly polluting operations.
Consultants at McKinsey have estimated that mining accounts for around four to seven percent of global greenhouse gas emissions. Prime Minister Scott Morrison has reluctantly embraced a 2050 carbon-neutral target after years of foot-dragging, and under diplomatic pressure from the United States and other allies.
Critics say that raises the prospect of the issue being kicked to the next generation of Australian leaders and making the 2050 target less likely to be met.
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