MIND ID targets 15.5% emissions cut by 2030 despite doubling energy demand from downstream mining projects
en.antaranews.comIndonesia's state-owned mining holding company MIND ID has announced a target to cut greenhouse gas emissions by 15.5 percent (about 2 million tons of CO2e) by 2030. This comes as the company's energy demand is expected to nearly double to 293,000 terajoules due to major downstream mineral projects including EV battery facilities, aluminum smelters, and undersea mining. To achieve the reduction, MIND ID is switching from high-speed diesel to biodiesel B40 and LNG, expanding solar capacity, and introducing biomass co-firing with palm kernel shells. Subsidiaries have already reported small but real cuts from electric mining equipment and fuel switching. The company is also exploring carbon offsets, renewable energy certificates, and participation in carbon trading markets. The target is notable because it attempts to decouple emissions from industrial growth. Without intervention, emissions would rise 2.1 times. The success of this plan will depend on execution of the fuel switching timeline and whether renewable energy certificates represent genuine additionality.
