What would an EU carbon border adjustment mechanism mean?

• 14 July 2021

The EU Commission proposed a carbon border adjustment mechanism (CBAM) as part of today’s “Fit for 55” package. James Whiteside, global head of multi-commodity research at Wood Mackenzie, said: “As the first mechanism of its kind, the CBAM is being designed in consultation with industry to avoid unintended consequences. “A CBAM that does not cover a substantial portion of the production chain will encourage carbon leakage - pushing emissions beyond the borders of the EU or shifting competition between EU and non-EU producers to the next stage of the value chain.”

Metalmorphosis: how decarbonisation is transforming the iron and steel industry

• 19 October 2023

As the steel industry solves its carbon problem, we see a tectonic shift towards greener metallics like hydrogen-based DRI & scrap over hot metal.

Key battery metals need more investment to meet climate targets

• 10 September 2020

According to Wood Mackenzie's Accelerated Energy Transition (AET) scenario, which sees global warming limited to 2.5 degrees (Celsius), the battery raw materials supply chain requires much more investment by 2030.

Recycling alone can ease raw materials supply pressure but cannot meet demand

• 13 June 2022

While recycling can relieve some pressure from the supply deficit of battery raw materials, it will not be able to meet demand, says Wood Mackenzie.

As politicians bicker, Australia’s energy and natural resources exports to China are booming

• 09 June 2020

But the appetite of China’s consumers for Aussie tenderloin and Merlot is insignificant in terms of overall trade. Iron ore, coal and LNG are what really matter.

Horizons Live: Conflicts of interest

• 14 May 2024

Transitioning to a net zero global economy is a monumental investment challenge. Meeting the challenge, already an outside bet, will have to happen against a less favourable monetary backdrop than the world has been used to since 2009. This month's Horizons live panel discuss the cost of investing in the energy transition in a high-interest-rate era.

Ten predictions for energy in 2024

• 15 December 2023

A solar slowdown, relief for OPEC+, the rise of blue hydrogen, and other trends to watch out for in the year ahead

Illegal capacity and pollution: two threats facing the Chinese aluminium industry

• 01 August 2017

China released policies in April cracking down on illegal smelting capacities. How much is at risk?

Will the natural resources sector recover from Covid-19?

• 07 May 2020

The outbreak of coronavirus, the oil price crash and the impending global recession present an enormous challenge for energy and natural resources. Keep up with the spread of Covid-19 and its impact on your sector.

Trump's latest China tariffs - what do they mean for metals and mining?

• 10 May 2019

The U.S has increased tariffs on $200bn of Chinese goods to 25%, from 10%, impacting a number of metals. Commentary below comes from the Wood Mackenzie metals team:

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Deals show the enduring appeal of US gas

• 19 April 2024

Two big European oil companies have recently announced deals to strengthen their holdings in US shale gas. The deals are small, but point to an important trend: the European companies still see the US as a core country.

Five trends that will cut global emissions in 2021

• 27 January 2021

Even a global pandemic couldn’t keep climate change from climbing the corporate agenda in 2020, and that momentum will only build in 2021. Which trends will have the biggest impact on extractive industries like oil and gas and mining in the year ahead? Read our analysts’ predictions.

Horizons podcast: Pedal to the metal

• 26 September 2022

We discuss the growing global demand for steel and the industry-wide challenge in achieving net zero emissions by 2050.

What’s on the minds of CEOs?

• 07 October 2021

A host of senior leaders joined our virtual Global Energy Summit last week to discuss the commodity supercycle, investment, business models and net zero

Crisis in Ukraine: the global risks to commodities

• 25 February 2022

The invasion of Ukraine has had an immediate effect on the global economy and markets. What are the lasting implications for commodities?

Bulks most affected by Russia-Ukraine conflict; rising power prices a key concern

• 15 February 2022

Trade dislocations due to sanctions, high power prices and disruption to production facilities in the conflict zone are three major threats to the metals and mining industry as result of escalating conflict between Russia and Ukraine, says Wood Mackenzie.

Walking Japan’s energy tightrope

• 06 February 2025

Japan’s new energy plan reshapes its path to net zero, balancing nuclear, renewables and LNG for a secure energy future.

The limits to resource nationalism for lithium

• 12 May 2023

Chile’s president is moving to take greater control of the country’s lithium resources. It still needs to attract international companies.

IMO 2020 – what does it mean for downstream, upstream, LNG and bulks sectors?

• 07 May 2019

Implementation of IMO 2020 regulation is just eight months away and its implications will be felt beyond refining and shipping. Wood Mackenzie's Asia Pacific experts weigh in on what this means for the different sectors.

Batteries with Chinese characteristics

• 10 February 2021

At present, China accounts for almost 75% of global lithium-ion battery manufacturing capacity and this share is set to increase through the short term with its build-out of new facilities.

What’s the future for Chinese iron ore mines?

• 08 April 2017

If previously closed Chinese mines re-enter the market, how likely are they to resume production and to what capacity?

A return to optimism for mined commodities?

• 30 June 2017

Will commodity price and global demand remain subdued, and will carbon-constraint policies restrict outputs?

World heading for a 3°C warming trajectory, as political headwinds slow the energy transition

• 02 May 2024

A five-year delay to the energy transition could see the global average temperature rise to 3°C above pre-industrial levels.

Complete ban on Russian commodity exports accelerate LNG growth and energy transition

• 16 June 2022

War in Ukraine is transforming the outlook for the supply, demand and price of hydrocarbons and the pace and cost of the energy transition. While the precise timing and implementation of future bans on Russian commodity imports are difficult to predict, a rewriting of energy trade flows is now underway.

Asia Pacific could become a global leader in the energy transition

• 21 February 2024

Home to half of the world’s population and contributing a third to the global GDP, the Asia Pacific region is expected to maintain a 50% share of global primary energy demand and a 60% share of global carbon emissions until 2050. This trend is unlikely to change without strong policy action and investment. However, the region still has the potential to turn these challenges into opportunities and become a global leader in the energy transition.

The art of never letting a crisis go to waste

• 15 July 2020

I asked our experts what they believe governments and companies should be doing to ensure that they emerge stronger from the crisis.

The IEA’s outlook to 2040

• 15 November 2019

The latest edition of the International Energy Agency's flagship World Energy Outlook highlighted its concern that the world is "well off track from the aim of a secure and sustainable energy future". This and more from Ed Crooks, Vice-Chair, Americas.