Climate Wars: IEA Warns Governments To Stockpile Battery Metals

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China’s dominance in green energy technologies are rare earth metal production is very concerning to the International Energy Agency (IEA), who posted a stark warning Wednesday advising western governments to stockpile critical battery metals such as cobalt and lithium.

IEA’s warning comes as the next chapter in US-China tensions will be climate wars as energy transition investment ramps up with peak oil around 2030. Many Western countries and China have estimated net-zero carbon emission economies somewhere around 2040-2060. The need for western economies to become less reliant on China for rare earth metals, such as lithium and cobalt, is a necessity for independence from the East.

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China has arguably been faster in adopting green technologies than western countries. Climate wars are much more than climate action and saving the planet – it’s about the superpower race between the US and China and who can deliver climate change solutions and clean-tech.

www.zerohedge.com/commodities/climate-wars-iea-warns-governments-stockpile-battery-metals

 

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