Our Scans · (LF.12) Responsible Consumption and Production · Weekly Summary

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In September 2015, 193 world leaders agreed to 17 Global Goals for Sustainable Development. If these Goals are completed, it would mean an end to extreme poverty, inequality and climate change by 2030.
Goal 12: Ensure sustainable consumption and production patterns.

• [New] With SAF production capacity now around 30,000 b/d and growing in 2025, SAF will likely drive significant growth in Other Biofuels production and make up most of U.S. EIA - Energy Information Administration
• [New] Par Pacific plans to begin SAF production at its plant in Kapolei, Hawaii, in the second half of the year, adding about 2,000 b/d of SAF production capacity. EIA - Energy Information Administration
• [New] With rising trade barriers in Europe and the U.S., Chinese automakers are adapting fast, setting up local production facilities in regions where tariffs might otherwise slow them down. Jason Deegan
• [New] As US tariffs threaten industries that make products ranging from toys to trucks, consumers in some countries have reacted negatively to American brands. Business Insider
• [New] Even if the EU does not retaliate, higher production costs transmitted through global value chains could more than offset the disinflationary pressure coming from lower foreign demand, making tariffs inflationary overall (Slide 10, left-hand side). European Central Bank
• [New] The removal of import duties will not only enhance pricing flexibility but also make Indian products more attractive to UK consumers. Fibre2Fashion
• [New] South Korea's LG Electronics announced plans to build a $600 million manufacturing plant in India - its third in the country-expected to be operational by end-2026 with significant annual production capacity across appliances. https://contenthub.sasfin.com
• [New] In the short term, regional extreme weather events create temporary but material losses of gross domestic product, affect the global economy and could make the transition to a low-carbon economy more expensive. IFC Review
• [New] This year, Russia will accelerate its efforts to increase exports of deep-processed fish products to key BRICS partners, among which are India, Brazil, and China. SeafoodNews
• [New] Beyond 2030, projections of production capacity are more challenging and the potential SAF production will depend on the availability of feedstocks (eg. HEFA, green hydrogen, renewable energy). EASA
• [New] The development of efficient, capable robots could potentially address labour shortages and enhance productivity, aligning with Tesla's broader goals of innovation and sustainability. OpenTools
• [New] The tariff escalation could distort production patterns and drive a sharp reconfiguration of global value chains, resulting in a less efficient and more opaque trade system. CEPR
• [New] Direct trade between the US and China may collapse, while indirect exports of Chinese products to the US will be far less affected. CEPR
• [New] For India, a prolonged military conflict will lead to difficulty attracting foreign investors seeking to reconfigure their international production activities amid the uncertain global economic environment. Rediff.com
• [New] Saudi Arabia's threat to further increase oil production in the coming months will likely intensify pressure on Iraq and Kazakhstan to adhere to agreed production volumes. Invezz
• [New] OPEC + plans to significantly increase oil production, led by Saudi Arabia, potentially creating an oversupply. Invezz
• [New] Apple's smart glasses could integrate cameras to scan the environment and describe objects, look up information about products and provide directions, but they will not have any augmented reality (AR) functions. iDownloadBlog.com
• [New] Apple's custom chip should enter mass production in time to power Apple's smart glasses to compete with Meta's upcoming AR spectacles in 2027. iDownloadBlog.com
• [New] Record production is expected to average 195,000 gold ounces per year over an initial mine life of 12 years, with the process plant expected to reach 2.5 Mtpa by the end of 2025. Junior Mining Network
• [New] Crude oil prices declined for the second straight week on fears of sluggish Chinese demand, rising U.S. production, and concerns that OPEC + will boost supply. Bogart Wealth
• [New] The combination of anticipated slower global growth and OPEC's production increase has driven energy prices lower, a significant positive for both consumers and businesses. Mattioli Woods
• [New] The Energy Information Administration has already trimmed global demand forecasts, and ANZ analysts warn of a potential 1% drop in oil consumption if global GDP growth dips below 3%. FX Empire

Last updated: 12 May 2025