Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/190133 
Authors: 
Year of Publication: 
2018
Series/Report no.: 
WIDER Working Paper No. 2018/84
Publisher: 
The United Nations University World Institute for Development Economics Research (UNU-WIDER), Helsinki
Abstract: 
The extractives industries must adjust their operations to shifting patterns of demand for oil, natural gas, and coal together with metals and minerals - as policies and new technologies encourage progress along low-carbon pathways in energy, transportation and construction to combat climate change. Adoption of renewable energy is accelerating across the world, but fossil fuels will be in use for many years (with natural gas replacing coal in electricity generation, especially in Asia). Large amounts of fossil-fuels will eventually be unusable ("stranded") if international goals to contain greenhouse gas emissions are to be met. Low-carbon technologies and pathways are likely to be more intensive in metals and materials than existing fossil-fuel technologies. This offers great opportunities for countries with mining sectors, but there are major concerns over the distribution of the economic benefits, and mining itself must reduce its environmental footprint together with its own greenhouse gas emissions.
Subjects: 
extractives
oil
natural gas
coal
metals
energy
climate change
Persistent Identifier of the first edition: 
ISBN: 
978-92-9256-526-8
Document Type: 
Working Paper

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