Greenhouse gas (GHG) emissions are the major driver for climate change. According to ICA’s analysis based on 2018 data, copper production represents approximately 0.2 percent of global GHG emissions. Copper miners and producers recognize that they have a responsibility to mitigate GHG emissions, and many companies have made commitments to and are engaged in reducing their GHG emissions.
Growing electric vehicle (EV) demand has often gone hand-in-hand with growth in demand for copper. However, it is only more recently that it has been possible to estimate just how much this demand will increase, and what’s driving it.
Growing electric vehicle (EV) demand has often gone hand-in-hand with growth in demand for copper. ...
As world leaders pass legislation to achieve net zero—from the $1 trillion infrastructure bill in the U.S. to the strategic framework of the European Green Deal to widespread national net commitments such as China’s Dual Carbon Goal—green technologies play a critical role in making these policies a reality. Long-term, raw material industries must consider how to navigate increasing demand to support the energy transition while dealing with immediate challenges facing the global supply chain.
Market Intelligence Director Colin Bennett shares his thoughts on the increasing use of copper in the EV industry. ...