The new European Union mandate comes at a critical time for climate change. Decisions taken in the coming years will have a profound impact on Europe’s ability to become a climate-neutral economy. The European Copper Institute (ECI) is actively engaged in working with policymakers to enable such a transition. Below we outline what we see as the five key challenges ahead.
1: Decarbonisation: A Green New Deal for Europe
If we are to head toward a climate-neutral economy, we will need more renewables and more sustainable transportation such as electric vehicles (EVs). Copper is the foundation of a low-carbon value chain andis a key resource for these technologies that we rely on to decarbonise. For example,copper is found in most renewable energy sourcesand is among the best conductors of electricity. Furthermore, compared to fossil-fuel dependent vehicles, battery EVs use betweentwo-to-four times as much copper, which is also a key component in the EV charging infrastructure.
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