2min chapter

Bloomberg Opinion cover image

EVs and Climate Change and the Paparazzi Economy

Bloomberg Opinion

CHAPTER

Romesh Ratnazar: Slowing Climate Change?

The United States is making funding available on the Defense Production Act to incentivize American and Canadian companies to responsibly mine and process critical minerals. While EVs can play a role in reducing emissions, it is just a start and not nearly enough on its own. Romesh Ratnazar: Likely will take more than just switching to electric vehicles, but it would at a minimum anyway require widespread adoption ofEVs.

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