Copper Is The New Oil: Expected To Rise By More Than 50% by 2040
The first global copper outlook from energy research group BloombergNEF was recently released, taking into account demand from the technological shifts required to wean the industry off fossil fuels. The main conclusion is startling: Between ... [Read]
CBD Usage Rising in Japan Despite Drug Taboo
Japan may be known for its zero-tolerance cannabis laws and strong social stigma against the drug, but the sentiment towards CBD is quickly changing. CBD extracted from the seeds or adult stems of the plant ... [Read]
US Tax Credit Could Rev Up Electric Vehicle Production In Canada
Canadian car makers breathed a sigh of relief last week when US lawmakers decided to scrap part of a large incentive package for electric vehicles (EVs) that originally excluded EVs assembled in Canada from a ... [Read]
Copper Demand Expected to Nearly Double by 2035
Copper supply can’t keep up with the booming demand for copper, putting net-zero emissions targets at risk, according to a new report from S&P Global. Copper is essential for electric vehicles, wind and solar power, ... [Read]
World’s Largest EV Market Expected to Lose 11% of Market Share by 2025
After dominating the electric vehicle (EV) market since launching its first model in 2008, Tesla Inc. (NASDAQ:TSLA) will likely lose its position as the world’s largest EV maker by 2025 as competitors launch 135 new ... [Read]
Chinese Battery Giant Launches EV Battery With One-Charge Range of Over 1,000 KM
Chinese battery mogul Contemporary Amperex Technology Co. Ltd. (CATL) just unveiled an electric car battery with a range of over 1,000 kilometers (620 miles) on a single charge and is 13% more powerful than one ... [Read]
Canada, the US and Other Countries Partner to Secure Lithium and Other Critical Minerals
Canada has partnered with the United States and other countries to secure the supply of critical raw materials that will fuel the green energy transition. The Minerals Security Partnership (MSP), which was announced last week ... [Read]
Thailand Becomes First Asian Country to Legalize Marijuana
Thailand made headlines last week when it became the first country in Asia to decriminalize marijuana, making it legal to grow and sell or use for medicinal reasons. Thai Health Minister Anutin Charnvirakul expects legal ... [Read]
Tech Giants Commit Nearly $1 Billion Toward Carbon Capture
Some of the world’s largest companies are teaming up to commit nearly $1 billion in spurring the carbon-capture market. On April 12, Stripe, Facebook, Alphabet, Shopify and McKinsey & Co. Inc. announced the creation of ... [Read]
Global Antibiotic Resistance Market to Hit US$16.5 Billion By 2030
Resistance to antibiotics is a growing concern. About 750,000 people die each year worldwide from drug–resistance infections. If solutions aren’t found and put in place, 10 million people could die from antibiotic resistance-related diseases by ... [Read]