Thursday, May 4, 2017

De Beers pilots plan to store carbon dioxide in diamond-bearing rock

KROONSTAD, South Africa (Reuters) - Anglo American's diamond unit De Beers is piloting a project to capture carbon in the rock from which diamonds are extracted to offset harmful emissions, the company said. As planet-warming carbon emissions rise globally, many countries have adopted or proposed a form of tax on emissions and companies in the mining and manufacturing sector are concerned that this will hit their future profits.

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