Today @ETC_energy we published our latest report on Materials and Resources for the #EnergyTransition.
A thread on what we identify as the key challenges to scaling materials supply quickly and sustainably.
You can download the report here:
1/9energy-transitions.org/publications/m…
First, it’s important to highlight that the clean energy system will have manageable land and water requirements – and will lead to drastically lower emissions, helping avoid future impacts from climate change.
Here's a 🧵 on a few of my highlights from the analysis carried out – and challenges we face.
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It’s crucial to distinguish between two different flows of finance:
- Investment, which generates economic returns. We need $3.5trn/yr on avg to 2050.
- Payments for activities that won’t occur fast enough w/out funding (e.g. early coal phaseout). Here we require $300bn/yr