The industrial sector throughout the world needs to decarbonise. At the same time, no one country wants to incur the costs and risk losing market share to rivals who decarbonise slowly (or not at all!) Hence the EU’s Carbon Border Adjustment Mechanism (CBAM) that imposes costs on carbon-intense imports. This protects clean EU industries while incentivising importers to get going with decarbonisation or lose their European customers. Allegra Dawes … [Read more...]
Explainer: The EU’s Green Deal Industrial Plan
Here, the Florence School of Regulation (FSR) provides a summary of the Green Deal Industrial Plan. It’s broken up into: What is the Green Deal Industrial Plan? What are critical raw materials and why do they matter? Where is the EU currently standing on critical raw materials? What is the EU doing about critical raw materials? Where is the EU currently standing on clean tech? How is the EU attempting to boost its domestic clean tech sector? Can … [Read more...]
Can Phytomining deliver Critical Minerals at scale: farming plants that accumulate high metal concentrations
Both Europe and the U.S. are making plans to secure supplies of critical minerals as the transition gains pace. Domestic mining or securing import deals with close allies is the main focus. Here, Maria Krol-Sinclair and Thomas Hale at CSIS review the prospects for a new method that will require neither: phytomining. Some plants, called hyperaccumulators, soak up high concentrations of metals into their leaves, bark, and roots. These plants can … [Read more...]
Europe vs U.S: incentivising battery manufacture to take the global lead from China
Europe is already well placed to end its reliance on Chinese Li-ion battery cells by 2027, according to a study by Transport & Environment (T&E). The new analysis of battery-makers’ announcements points at Europe producing enough Li-ion cells to fully meet domestic demand for EVs and energy storage in four years’ time. T&E also forecasts that essential elements of the supply chain can substantially shift from China into Europe, like … [Read more...]
The metals sector should back global carbon taxes. It’ll be good for business
Most of the metals mining sector has been opposing carbon taxes. This is a foolish mistake that works against their interests, argue Sally Innis, Benjamin Cox, John Steen and Nadja Kunz at the University of British Columbia. The tax on the carbon emissions from mining and producing most metals (with only aluminium and steel being outliers) are small compared to the price of the metal, so a carbon tax will add little to the selling price. But the … [Read more...]
For energy security and waste reduction, EV battery manufacture in Europe is on the horizon
Europe should have sufficient battery manufacture capacity for all its EV needs, explains Sam Hargreaves at T&E. Their report shows that Europe will not only achieve that capacity target this year itself, but has the ability to keep it up as EV sales continue to grow (460 GWh in 2025 and 700 GWh in 2030 of battery production in Europe). The report also stresses the major benefit of reduced waste. If manufacturers hit EU recycling targets, EV … [Read more...]
Essential energy transition metals: “Eco-friendly” trawling of ocean floor could replace land mining
The availability of metals for raw materials has a make-or-break impact on the future of EVs, wind turbines and many other energy sector applications. The world needs 3bn EVs and 10tn kWh/yr more clean energy by 2040 to have any chance of achieving our climate goals. We need so much more that recycling what we already have won’t make a noticeable difference. Mining on land already has very serious negative environmental and social consequences. … [Read more...]