Global Scans · Responsible Consumption and Production · Weekly Summary

In September 2015, 193 world leaders agreed to 17 Global Goals for Sustainable Development. If these Goals are completed, it would mean an end to extreme poverty, inequality and climate change by 2030.
Goal 12: Ensure sustainable consumption and production patterns.

• [New] Green hydrogen is the key to achieving global net-zero greenhouse gas emissions by 2050, with production projected to reach 172 million tons / year by 2030 and 598 million tons per year by 2050. null
• [New] In the first eight months of 2024, U.S. crude oil production has averaged a record high of 13.1 million barrels per day, making it likely the United States will be the world's top producer of crude oil for the seventh consecutive year. EIA - Energy Information Administration
• [New] Flat U.S. net natural gas exports and limited U.S. liquefied natural gas capacity additions this year curbed demand and weighed on prices, while we forecast marketed U.S. natural gas production to average 113 billion cubic feet per day in 2024, relatively unchanged from 2023's record high. EIA - Energy Information Administration
• [New] India has a unique opportunity to really build a global scale industry in EV products and EV technologies and components like lithium cells, motors, rare earth metal supply chains, etc. Moneycontrol
• [New] Another notable fact is China's growing presence: by 2024, China's industrial production will be comparable to the combined scale of the United States and the EU. GIGAZINE
• [New] Brazil's chicken meat production is set to reach up to 15.3 million metric tons in 2025, growing as much as 2.7% on a yearly basis, while exports would hit up to 5.4 million tons, a 1.9% rise. ADM Investor Services
• [New] As 5G networks continue to roll out globally, NXP's communications infrastructure business could see increased demand for its products, driving further growth. investing.com
• [New] At a time when climate change is disrupting food production and global supply chains, regenerative agriculture offers a powerful approach to mitigate risks. symrise.com
• [New] RaboResearch assumes that global wheat consumption will exceed production, resulting in a shortage of 10 million tons in the current 2024 /'25 season. All About Feed
• [New] Exxon plans to spend $30 billion over six years on emission reduction and alternative energy while expanding oil and gas production. Technocracy News
• [New] We expect global demand for diesel fuel to increase in 2025, supported by accelerating growth in industrial production, but it is likely to remain still below pre-Covid levels. WoodMac.Site.Features.Shared.ViewModels.Metadata.Publis
• [New] Prolonged restrictions could disrupt global supply chains, affecting industries reliant on semiconductors, from consumer electronics to automotive production. THINK TANK JOURNAL
• [New] Brazil's chicken meat and pork production and exports are expected to grow in 2025, eclipsing records that were set in the current year. MarketsFarm
• [New] Capinegro speculated Brazil's soybean crop to be more than the 169 million tonnes the USDA reported, adding if production were at 171 million, soybean prices would have lost 20 U.S. cents per bushel and threaten corn's rally. MarketsFarm
• [New] Without expanding the fiscal space, Bangladesh risks falling into a cycle of under-investment that could dampen productivity, slow economic resilience, and impede improvements in living standards. The Financial Express
• [New] Despite suboptimal weather conditions in several areas, aggregate 2024 cereal production is forecast at 1.6 million tonnes, about 14% above the average of the previous five years. ReliefWeb
• [New] Investments in recycled-content aluminium and copper production worldwide have sparked unease among traders and industry experts, with many questioning whether non-ferrous scrap exports will face a tightening landscape in the years ahead. alcircle
• [New] The impact of increased production By 2050, the UK bio-based chemicals industry has the potential to grow significantly, producing over two million tonnes of bio-based chemicals, contributing to 5.2 million tonnes CO2eq GHG savings and £1.6bn in value to the UK economy. Industry Intelligence Inc.
• [New] In summary, IDC predicts strong double-digit growth for the global semiconductor industry in 2025 but highlights key challenges like geopolitical risks, economic policies, shifting demand, and new production capacity. Evertiq AB
• [New] Foundry capacity utilization is expected to increase by an average of 5 percentage points in 2025.2025 will be a critical year for 2 nm technologyWith all three major wafer makers entering 2 nm mass production, 2025 will be a critical year for 2 nm technology. Evertiq AB
• [New] Operation of the battery-electric models will reduce consumption of diesel fuel by around 4.4 million liters a year on the East Brandenburg network. RailTech.com
• [New] In a world of instantaneity - where consumers expect next-day deliveries and businesses rely on just-in-time production - supply chains are under immense pressure. Diginomica
• Opportunities in AI and Foundry Services: Intel's efforts to expand into AI chip production and foundry services could boost revenues if executed well. theafricalogistics.com

Last updated: 16 December 2024