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Posted Thu Mar 29 2012: from
RTCC:
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SEI: Scarcity of metals could hamper low-carbon development http://apocadocs.com/s.pl?1333027935
The world's transition to a low-carbon economy could be seriously hampered by a scarcity of key metals, a new report from the Stockholm Environment Institute (SEI) has warned.
The study, produced in partnership with the business leaders' initiative 3C (Combat Climate Change), analysed known resources and locations of five metals -- indium, tellurium, neodymium, lithium and cobalt.
These are vital raw materials for wind turbines, solar panels and hybrid and electric cars.
The SEI says production could be affected in the future if business and policy-makers fail to create a framework for their use now.
Demand for thees resources is huge. Globally installed wind capacity soared from 24,322 megawatts in 2001 to nearly 240,000 megawatts in 2011. Last year was a record year with 42,000 megawatts installed.
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