BHP invests in Gates and Friedland-backed firm I-Rox
BHP will help I-Pulse and its affiliate I-Rox, in which is also taking an equity position, develop technologies that can curb energy use in the mining sector.
Elon Musk continued to toy with the price of Bitcoin Monday, taking to Twitter to indicate support for what he says is an effort by miners to make their operations greener.
Investors with deep pockets and major market influence are pushing for miners to adopt aggressive carbon reduction plans while the demand for improved environmental and social governance continues to intensify.
The International Energy Agency estimates global demand for petroleum products won’t be back to pre-pandemic levels until 2023 and may never return to “normal.”