Last year the International Energy Agency (IEA) projected that mineral supplies for electric cars ‘must increase 30-fold’ to meet climate goals by 2040. At least 30 times as much lithium, nickel and other key minerals may be required by the electric car industry.
But there’s a problem.
There is not enough metals for all the #EVs and #renewable energy projects already on the books.— Prof. Michael Tanchum (@michaeltanchum) August 15, 2022
Been saying that for years and here is yet another graphic to show it . . .
(graphic via @MichaelAArouet) pic.twitter.com/7GnZvZMSvH