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Nornickel presents market review of nickel and platinum group metals

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This is primarily due to a significant surplus in the Class 2 market that occurred in 2022 and is expected to remain throughout 2023-2024, mainly owing to growing production of low-grade nickel in Indonesia. The forecast for nickel supply in 2023 is almost unchanged at 3.45 Mt to 3.22 Mt (7% year-on-year growth).

Market 304
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ADB Study Finds Annual Economic Losses in Southeast Asia from Climate Change Could be More Than Twice the Global Average

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The mean cost of cost of climate change for the four countries—Indonesia, Philippines, Thailand, and Viet Nam—under a “business-as-usual” scenario and if market and non-market impacts and catastrophic risks are all considered could be equivalent to losing 6.7%

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New phase of globalization could undermine efforts to reduce CO2 emissions

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The study, involving researchers from the University of East Anglia (UEA) and colleagues in China and the United States, investigated how complex supply chains are distributing energy-intensive industries and their CO 2 emissions throughout the global South. —Prof Guan.

Emissions 170
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Researchers show oil palm plantation expansion a significant source of CO2; projected to contribute more than all of Canada’s current fossil fuel emissions by 2020

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Oil palm supplies more than 30% of world vegetable oil production. The study, published as an open access paper in the journal Nature Climate Change , shows that deforestation for the development of oil palm plantations in Indonesian Borneo is becoming a globally significant source of carbon dioxide emissions. Curran, Gregory P.

Oil 273
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Neste-led project verified 50% methane emission reduction at palm oil mills using belt filter press

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The project took place in palm oil mills in Indonesia and Malaysia, and was conducted in collaboration with a palm oil company KLK, a Dutch sustainable trade organization IDH, and an international certification system ISCC (International Sustainability and Carbon Certification). The potential that the method offers is enormous, Neste said.

Oil 244
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UN report projects that increasing use of HFCs likely to have a significant climate impact by 2050; equivalent to current total annual emissions from transport

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HFCs are, along with CO 2 , methane and other gases, controlled under the UN’s Framework Convention for Combating Climate Change and its Kyoto Protocol. Measures to protect the ozone layer are carried out under the Montreal Protocol on Substances that Deplete the Ozone Layer.

Climate 287
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Devil in the Details: World Leaders Scramble To Salvage and Shape Copenhagens UNFCCC Climate Summit

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“ One Agreement, Two Steps ” Expectations for Copenhagen quickly became complicated after Danish Prime Minister Lars Løkke Rasmussen boarded an overnight flight to Singapore to address an impromptu breakfast forum on climate change at the Asia Pacific Economic Co-operation (APEC) summit on 15 November. by Jack Rosebro.

Climate 236