
Rio Tinto boss Jakob Stausholm says the company is on track to meet its 2030 target to reduce greenhouse gas emissions from 2018 levels by 50 per cent, before hitting net zero for scope 1 and 2 emissions by 2050. The Rio CEO says there are challenges along the way, with the easy part signing up for renewable energy, but the more complex part is getting electricity running 24/7. When it comes to China’s spluttering economy and faltering property market, he thinks the country’s green transition will need a lot of iron ore.
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