Olivia Lazard: "Peace and Power in the Mineral Age”
The Great Simplification with Nate Hagens
What Are the Implications of Decarbonization?
The world has always been dependent on minerals that we know, right? Like if you use a spoon to eat your yogurt, which is made of steel or aluminum. But what we're facing at the moment with the decarbonization process and even more so with the twin transition between digitalization and decarbonization is that the demand for critical raw materials is about to explode. An electric car uses, on average, six times more material inputs than a conventional car. The level of electrification that we need for our grids requires nine times more materials than we currently rely upon for fossil infrastructure. For certain types of materials, we're facing like a 500% increase in terms of demand by 2050.
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