Critical Minerals, Geopolitics, and the Risks for Achieving Net-Zero Transition
Media Type |
audio
Categories Via RSS |
Education
Higher Education
Publication Date |
Mar 29, 2023
Episode Duration |
01:30:06
Contributor(s): Professor Sophia Kalantzakos, Daniel Litvin, Rob Patalano, Eric Buisson | Transitioning to net-zero emissions requires a large-scale economic transition to renewable energy. Scaling up the manufacturing of the technologies, including solar panels, wind turbines, batteries and electric vehicles will result in significant demand for and dependency on the supply of a range of minerals for the foreseeable future. These ‘transition-critical minerals’, including metals, minerals and Rare Earth Elements, are required to manufacture the green technologies needed for the transition to a low-carbon economy. As a low-carbon future will not be possible without these minerals, supply chain risks and demand uncertainties are central topics that need to be assessed and addressed, with potential implications for economic and financial stability. The type of transition to a net-zero economy significantly determines the materiality of the risks, with a delayed and disorderly transition presenting greater challenges for financial and price stability.

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