Wed, Dec 7, 2022

A coming copper shortage could derail the energy transition, report finds

A worker labels copper products at Truong Phu cable factory in northern Hai Duong province, outside Hanoi, Vietnam August 11, 2017. Kham | Reuters
A worker labels copper products at Truong Phu cable factory in northern Hai Duong province, outside Hanoi, Vietnam August 11, 2017. Kham | Reuters
Global News  | 
CNBC

An all-electric future depends heavily on copper, and looming supply shortfalls could hamper nations’ goals of reaching net-zero emissions by 2050, according to a new report from S&P Global.

Unless significant new supply becomes available, climate goals will be “short-circuited and remain out of reach,” the report says.

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