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The Fine Print I:
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The Fine Print II:
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World governments, including the United States, committed in 2015 in the Paris Agreement to pursue efforts to limit global average temperature rise to 1.5 degrees Celsius above pre-industrial levels and, at a maximum, to keep warming well below 2 degrees Celsius (°C). This report is part of The Sky’s Limit series by Oil Change International examining why governments must stop the expansion of fossil fuel production and manage its decline – in tandem with addressing fossil fuel consumption – to fulfill this commitment.
The need for urgent and more intensive actions against climate change is broadly recognized. In support of this agenda, this report presents a simple yet profound vision: a circular, responsible and just battery value chain is one of the major near- term drivers to realize the 2°C Paris Agreement goal in the transport and power sectors, setting course towards achieving the 1.5°C goal if complemented with other technologies and collaborative efforts.
The global consumption of smart phones and other electronic devices is increasing, and bringing benefits to many people in areas as wide- ranging as health, education, finance and commerce. But there is a downside: the world is now seeing a growing tsunami of e-waste.
The transition to a 100% renewable energy system is urgently needed to meet the goals of the Paris Climate Agreement and increase the chance of keeping global temperature rise below 1.5 degrees. Renewable energy technologies are now the most cost competitive technologies for new installations – and recent investment in new renewable energy infrastructure globally has been double that of new energy investment in fossil fuels and nuclear.
Vanadium, borate, bismuth, gallium – they may sound like planets from a science fiction movie, but in fact they are some of the most critical elements of the European Union’s economy.They are all on the European Commission’s ‘critical raw materials list’.
The mining sector will play a key role in the transition toward a low-carbon future.