Copper - what copper?

#copper #IEF #resources

“Just to meet business-as-usual trends, 115% more copper must be mined in the next 30 years than has been mined historically until now with electrifying the global vehicle fleet requiring 55% more new mines than would otherwise be needed”.

All well and good you might think, but the vast expansion of renewables and and associated infrastructure makes this 115% insignificant, even if it was achievable!

“Supply chain problems”?

This makes Miiliband & Co’s aspirations even more delusional.

This is not some academic, or off the wall ‘think tanks’

“The International Energy Forum (IEF) is the world's largest international organization of energy ministers from 72 countries and includes both producing and consuming nations. It is truly the global home of energy dialogue”.

You bet!

Read the report here:

https://www.ief.org/focus/ief-reports/copper-mining-and-vehicle-electrification?fbclid=IwZXh0bgNhZW0CMTEAAR1oivUEjLepajKGRghd-J-WO2NO0bxw2H0SBUfdF58ygshe-qWc75ojrwc_aem_wPBHLajMXBrftCtBKqZRWg