A Looming Copper Bottleneck Could Derail the Energy Transition
A new report from the International Energy Forum warns that global copper production may soon be critically outpaced by soaring global demand for the metal, which is a key component of many clean energy technologies. As such, the metal could soon act as an acute bottleneck in the world’s feasible pathways to meeting key climate goals by mid-century. Staying on a net-zero pathway by 2030 will require 12.8 million tons of additional copper supplies over the next five and a half years according to recent calculations from BloombergNEF.…