If Joe Biden wins the White House in a few weeks’ time, the world’s tilt towards green energy will be unstoppable. The US will join Europe and China in having “net-zero” emissions targets – and investment in renewable energy will soar. Unfortunately, Mr Biden’s ambitious plans may be missing some of the elements they need to be a success. Meeting these tough climate goals will be achieved by technological innovation – and America undoubtedly has the brain power to drive this. But the raw materials needed for this green revolution may be more difficult to come by than scientific talent. The most important raw materials in the hi-tech sector are currently rare-earth metals. Unfortunately for Mr Biden, China is now holding most of the cards when it comes to these lesser-known members of the periodic table. These metals are used in everything from solar cells and wind turbines to electric car batteries. The 15 lanthanide elements – plus scandium and yttrium – are an integral part of many other modern products including lasers and MRI machines. As technology advances, their importance in manufacturing is growing significantly.
Telegraph 9th Oct 2020 read more »
While many other industries around the world face delays, financial challenges and restricted growth, renewable energy remains a strong and fast-developing sector driven by opportunity and innovation. Consistent investment has and will continue to propel the industry to astonishing new heights, making it a key contributor to the UK economy’s pandemic recovery.
Business Green 8th Oct 2020 read more »