Business
Australia well-placed to benefit from green energy supply shortages – The Australian Financial Review
The nation is a leading supplier of key metals required for the transition, but there’s a gap between what world leaders promise and what companies can provide.
The average electric car sales of which need to rise 25 times from current levels by 2040 to meet existing Paris commitments requires six times more minerals than a conventional vehicle. Wind turbines, which need to grow threefold from current numbers, absorb nine times more mineral resources than an equivalent gas-fired power plant.
The numbers show a looming mismatch between the worlds strengthened climate ambitions and the availability of critical minerals that are essential to realising those…
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