Europe reaches historic deal to put pollution price on imports
The Carbon Border Adjustment Mechanism will cover carbon-intensive sectors such as cement, steel, aluminum fertilizers and electricity production and hydrogen.
Contrary to conventional wisdom, analysts including Max Layton found that metals like copper, nickel, aluminum and steel can drive down global-warming gases.
According to Fitch Ratings, the commodity price rally is pushing companies to rebalance their capital allocation towards decarbonization investments and growth.