RENEWABLE ENERGY REQUIRES RARE EARTH MINERALS | CHINA HOLDS MOST OF THEM

August 27, 2021

By ClearWorld.us

Renewable energy development relies upon sufficient quantities of rare earth minerals, specifically neodymium, terbium, indium, dysprosium, and praseodymium. These are used in the production of solar panels and wind turbines. If the world is to meet the greenhouse gas emissions targets sought in the Paris Climate Agreement the availability of these minerals must increase by 12 times by 2050.  According to a new study, Metal Demand For Renewable Electricity in the Netherlands.

“If the rest of the world would develop renewable electricity capacity at a comparable pace with the Netherlands, a considerable shortage would arise,” the study finds. This doesn’t include other applications of rare earth metals in other electronics industries (rare earth metals are widely used in smartphones, for example). “When other applications (such as electric vehicles) are also taken into consideration, the required amount of certain metals would further increase.”

Trump’s continuing uneducated trade war with China has resulted in China now threatening to drastically reduce or even stop exporting rare earth minerals to the United States. This is a move that could cripple not only growth and renewable energy development but all of the other industries that rely upon rare earth minerals as well, as mentioned above.

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