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Deepsea mining company TMC The Metals Company ( earlier post ) announced a strategic partnership with Low Carbon Royalties Inc. to finance the development and production of low-carbon fuels and energy transition metals. NORI and Low Carbon Royalties are a great fit.
Global 2ºC maximal warming limit as compared to past and. A maximum concentration of 450 ppm carbon dioxide (~550 ppm CO 2 equivalent) in the Earth’s atmosphere is commonly cited as the limit at which average temperatures can be held at 2 ºC, and many emissions reduction proposals are based upon these two “upper bounds” targets.
Taking that as a baseline, if 1 billion cars are replaced with EVs (the current global light-duty vehicle parc is soe 1.3 94% less stored carbon at risk. 90% reduction in SO x and NO x emissions. 100% reduction in solid waste. 94% less land use. 93% less wildlife at risk. —“Where Should Metals For The Green Transition Come From”.
Reeling from a crushing shortage of semiconductor chips for vehicles, carmakers also face another looming crisis: producing enough batteries to drive the global pivot towards electric vehicles. China processes about 80 percent of battery raw materials, creating a chokehold on global supplies.
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