As leaders from around the world gather for this year’s Climate Week NYC, one of the key topics of discussion will be sustainable transportation. According to the International Energy Agency, a quarter of global emissions in 2016 came from transportation. These emissions were over 70 percent higher in 2016 than they were in 1990, and the vast majority (nearly three-quarters) can be specifically attributed to road transport.
The increased use of EVs, and renewables, will, however, require more resources, such as copper. It is a key component in renewable energy. Due to its efficient conductivity, copper is used to generate power from all renewable energy sources, including hydro, wind, solar and geothermal. In order to deliver a high level of energy efficiency, these energy sources require 4 – 12 times more copper than fossil fuel-based power generation.
KEFI Minerals plc (LON:KEFI) is an exploration and development company focussed on gold and copper deposits, primarily in the highly prospective Arabian-Nubian Shield.