How the decarbonization megatrend is disrupting mining investment
Large players will likely benefit, Fitch says, from being able to rely on stronger investment capacity, while junior miners may struggle to adapt to the low carbon economy.
The decision was made despite a plea from the head of Interior’s Bureau of Reclamation, who said that a 1968 law gives the Interior Secretary power to require the Central Arizona Project to buy energy from the Navajo Generating Station.