Mark Le Dain writes in Forbes about the need to prioritize copper to power clean energy development.
- The supply of copper may not be able to meet future demand, which would hamstring the development of clean energy technologies.
- A large reason for this is a lack of mining capacity, and as Goldman Sachs points out, the regulatory approval for copper mines has fallen to the lowest level in a decade.
- Governments should begin to prioritize copper development and extraction to meet future energy needs.
“A lot of the drivers for recent protests of copper mines, and of the companies producing them, are due to ESG concerns. It remains unclear if the connection will be made that without copper there will be no energy transition, or if the snake will simply keep eating its tail.”
Read the full article here.
The views and opinions expressed are those of the author’s and do not necessarily reflect the official policy or position of C3.
