A coming copper shortage could derail the energy transition, report finds
PUBLISHED THU, JUL 14 2022 12:01 AM EDTUPDATED 4 HOURS AGO
Pippa Stevens
@PIPPASTEVENS13
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KEY POINTS
- Demand for copper is booming, but supply can't keep up, jeopardizing net-zero emissions targets, according to a new report from S&P Global.
- Copper is key to electric vehicles, wind and solar power, as well as the infrastructure that transports and stores renewable energy.
- S&P Global's new report forecasts copper demand nearly doubling by 2035.
- "The energy transition is going to be dependent much more on copper than our current energy system," said Daniel Yergin, vice chairman at S&P Global.
A coming copper shortage could derail the energy transition,...
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