An unprecedented wave of disruptions is facing energy and mining commodity markets. We have already seen environmental policy, socioeconomic changes and technological innovation kick off a major transition to low- or zero-carbon technologies.
With the Paris Agreement targets set, governments are reinforcing their focus on meeting their greenhouse gas (GHG) reduction goals. This comes at a time when structural changes have lead to slower demand growth for hydrocarbons and several base metals compared with recent growth in supply. Many questions surround expectations for recovery from the resultant supply glut.