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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] OPEC + petroleum liquids production will fall by 1.0 million b/d this year and then increase by 0.9 million b/d in 2025 after most existing production cuts expire. EIA - Energy Information Administration
  • [New] The transport industry could see more hydrogen developments to reduce fuel consumption and carbon pollution over the next decade as the road to low and zero-emission heavy vehicles remains a long one. Canberra CityNews
  • [New] Even if the world gets on track to stay under 1.5 o C, oil and gas production in 2050 will still be about a quarter of current production, largely for non-combustible uses (e.g., petrochemicals and hydrogen production). Pearls and Irritations
  • [New] Thomson Reuters announced its first brand refresh in 16 years, which will emphasize its commitment to investing in products and technology that leverage generative AI. Accounting Today
  • [New] Businesses that are part of global supply chains, importing raw materials and products, will incur higher costs. The Maritime Executive
  • [New] Reducing emissions from production We believe the world will continue to need oil and gas for many years - produced with much lower emissions - alongside cleaner energy such as advanced biofuels, renewable power and hydrogen. Shell plc
  • [New] To help drive the decarbonization of the transport sector, Shell has set a new ambition to reduce customer emissions from the use of its oil products by 15-20% by 2030 compared with 2021. Shell plc
  • [New] Companies in the OGDC aim to reduce the methane intensity of their oil and gas production to 0.2% by 2030. IEA
  • [New] The FAO aims by 2030 to halve per capita global food waste at the retail and consumer levels and reduce food losses along production and supply chains, increasing food availability to feed the increase in human population. PubMed Central (PMC)
  • [New] FAO's Target 12.3, as specified under the Sustainable Development Goals, aims 'by 2030 to halve per capita global food waste at the retail and consumer levels and reduce food losses along production and supply chains, including post-harvest losses'. PubMed Central (PMC)
  • [New] In Sweden, local protein feed production will present an opportunity to reduce greenhouse gas emissions but at a cost of increasing land occupation for feed production. PubMed Central (PMC)
  • [New] In recent years, Scottish pork production has faced significant disruption from both the Covid-19 pandemic and Brexit, causing prices to fall below the cost of production which has been further exacerbated by cheaper supplies being sourced from outwith the UK. Pig World
  • [New] Mexico's state oil company is promising to slash greenhouse gas emissions to reach net zero by 2050, an ambitious goal for the indebted oil producer as it struggles to turn around flagging production and reduce its massive debt burden. Yahoo Finance
  • [New] World oil production is projected to fall from the fourth quarter due to heavy weather-related shut-ins and new curbs from the Opec oil cartel led by Saudi Arabia and its allies, known as Opec +. The Guardian
  • [New] In practice, encouraging global life sciences companies to invest in production capacity involves mitigating risks stemming from the consumers' low ability to pay, uncertain demand, and at times, barriers such as the high fixed costs of production. INSEAD Knowledge
  • [New] For the HPMSM project, Jupiter is considering a plant in North America with a proposed capacity of between 80000 t / y and 120000 t / y, balancing operational as well as demand and supply risk and production efficiency. Mining Weekly
  • [New] Supply Chain Disruptions Global and local supply chain disruptions can affect the cost and availability of raw materials and goods, impacting production costs and operational efficiency. Taxoo
  • [New] Mura Technology has signed a product offtake agreement with Neste, which will convert products from Mura's site in Teesside into feedstock for the production of new plastics. MRW
  • [New] By 2060, the expected global economic losses reach a total of 0.6-4.6% with losses attributed to health loss, labour productivity loss and indirect loss under different shared socioeconomic pathways. Nature
  • [New] Given the billions of people who use Apple products and services globally, an Apple debit card could further solidify Apple's position as a financial services provider and deepen its integration into users' daily lives. FinExtra
  • [New] As the clean energy transition brings new vulnerabilities from an energy security perspective, Canada has developed plans to increase its production and supply chains of critical minerals for both domestic consumption and export. IEA
  • [New] Global nickel consumption is expected to increase due to recovery of the stainless steel sector and increased usage of nickel in electric vehicle batteries. INN
  • [New] Decreases in nickel pig iron production from China are expected to be offset by increases in nickel cathode and nickel sulfate production. INN

Last updated: 18 March 2024



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