The brown to green (B2G) transition involves moving from an energy system that is fossil fuel and carbon intensive today, to a world characterised by deep electrification - where we harness a range of renewable, low or zero carbon-emission energy sources.
To date, much focus has been devoted to reducing emissions in the production of energy; however, removing emissions embedded in the materials that enable decarbonisation is also important. While there are many uncertainties, we believe the pathway to a low carbon economy will be metals and materials intensive.
The joint paper is a collaboration between BlackRock and BHP, the world's largest mining company.
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