The stumbling block in ‘the race of our lives’: transition-critical materials, financial risks and the NGFS climate scenarios
Working paper by Hugh Miller, Simon Dikau, Romain Svartzman, Stéphane Dees on 30 Jan 2023
This paper empirically estimates the material demand requirements for so-called ‘transition-critical materials’ (TCMs) implied under two climate scenarios and finds potentially serious supply ‘bottlenecks’ for three materials – copper, lithium and nickel – which are exacerbated if the transition is delayed.
