"Central Asia’s Rare Earths May Fuel Energy Transition"
Wilder Alejandro Sanchez
Crossroads Asia
The Diplomat
15 December, 2023
Originally published: https://thediplomat.com/2023/12/central-asias-rare-earths-may-fuel-energy-transition/
If rare earth elements are the crude oil of the 21st century, then Central Asia and Mongolia may be the Saudi Arabias of these strategic minerals.
The COP28 climate summit in Dubai produced an agreement that aims to triple the use of renewable energy, double energy efficiency, and “speed up the transition to a cleaner and healthier economy” by 2030, so the world can meet its Paris Agreement goals to limit global warming to 1.5 degrees Celsius. This energy transition cannot be fueled by optimism and zeal alone. Rare earth elements (REEs) are required to fuel this transition and are vital for the growth of every green industry and emerging technology including, electric vehicles, robotics, drones, AI, and advanced computing.
No comments:
Post a Comment