![[Pasted image 20230610130018.png]] [[Electric Vehicles]] [[Battery Materials]] The chart above comes from an International Energy Agency [report](https://www.iea.org/reports/the-role-of-critical-minerals-in-clean-energy-transitions) about minerals needed for climate-friendly transport and energy growth. - That 2021 analysis provides a sense of scale. Under nations' existing policies, mineral needs for clean energy are **on track to double by 2040.** - A strong push to keep the global temperature rise below 2°C above preindustrial levels **would quadruple today's requirements by then.** - A scenario that enables net-zero global emissions by 2050 requires a **sixfold increase over the next two decades.** The market for these minerals could eventually reach over $200 billion in annual revenue, [per the International Energy Agency](https://www.iea.org/data-and-statistics/charts/revenue-from-production-of-coal-and-selected-energy-transition-minerals-in-the-sustainable-development-scenario-2020-2040). # Revenue from production of coal and selected energy transition minerals in the Sustainable Development Scenario, 2020-2040 ![[Pasted image 20230610130503.png]]