54 min listen
Why carbon credits are 'an incredible emerging asset class'
Why carbon credits are 'an incredible emerging asset class'
ratings:
Length:
38 minutes
Released:
Dec 5, 2021
Format:
Podcast episode
Description
While carbon credits have been around about 30 years, demand is finally surging, said Brett Heath, chairman of newly-formed Carbon Neutral Royalty. On Friday Heath recorded Kitco Roundtable with Mining Audiences Manager Michael McCrae and editor Neils Christensen. Heath is also CEO of Metalla Royalty & Streaming. Demand for carbon credits is estimated to increase by 15x by 2030 and by 100X by 2050, according to data compiled by Carbon Neutral Royalty. "Carbon credits have been around since the late nineties, so they're not a new invention, but it's the first time we've ever seen this global mass adoption," said Heath.
Released:
Dec 5, 2021
Format:
Podcast episode
Titles in the series (100)
Why elevated gold prices are leading to consolidation: After acquiring TMAC Resources, Agnico Eagle (TSE:AEM) still intends to keep its exploration budget elevated. On Friday CEO Sean Boyd recorded Kitco Roundtable podcast with correspondent Paul Harris and mining audiences manager Michael McCrae. Agnico Eagle operates Canadian Malartic, the nation's largest gold mine. The company is a top ten gold producer, having produced 1.7 million ounces in 2019. Agnico gave the sector a huge boost of confidence with the big M&A deal announced at the start of the year, the $286 million acquisition of TMAC Resources. Boyd said the deal was closed on its ability to generate net free cash flow. by Kitco NEWS Roundtable