Copper shortage keep green energy, tech ventures grounded
If the world makes the leap from oil to batteries, copper shortages could also cause problems far beyond the manufacturing industries: The S&P report predicts copper"may emerge as a key destabilizing threat to international security."The study's predictions are based on two model scenarios, one that makes optimistic assumptions about mining and refining capacity and recycling, and another that projects the current copper industry into the future.will be difficult to meet.
Under its optimistic plan, deficits would still be present, but much smaller. The world would only need 1.6 million metric tons in 2035. Under either scenario, S&P said supply required to meet net-zero demands simply isn't there.
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