IEA Chief Says the Imminent Copper Deficit is a Threat to Energy Transition
The transition to clean energy continues to gain traction globally with more countries shifting from fossil fuels to renewable sources of energy like wind and solar in an effort to reduce greenhouse gas emissions. This transition is reliant on critical metals like copper, cobalt, nickel, and lithium, which are crucial components of infrastructure like solar panels, wind turbines, electric cars, and other clean energy tech. Recently, an International Energy Agency official expressed concerns that the looming copper deficit may impede this transition. Dr. Fatih Birol, the executive director of this agency, discussed this issue during a press conference of the…
