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Whether it’s promoting building efficiency or pushing for renewables, the International Energy Agency (IEA) has been talking about decarbonization for quite some time. Now the agency is putting what it preaches into practice, announcing a near-term goal of reaching net-zero emissions as soon as 2024.
Lithium was once used to treat perceived mental health challenges, and now its availability or lack thereof is making markets swing. In the 1950s, Canada was a player in the international lithium market, with a mine in Quebec providing tons of the salt, which then failed as the health market failed. Fast forward to 2021, and lithium is a core component of the electrification of transportation, in all of our electronic gadgets and a lesser component for grid storage.
The stakes for taking decisive action to slow and reverse climate change have never been greater. President Joe Biden clearly recognizes the urgency, which is why he wants to slash U.S. carbon emissions in the coming decade and last week proposed increasing the federal budget dedicated to addressing climate change by $14 billion.
I’m interested in what you have to say about demand reduction. There’s been a rapid rise of renewable energy and it’s going to accelerate even more, but total energy use for the world accelerates much faster. Even with your compelling technical vision of 100% Wind Water and Solar (WWS), is it going to be enough if the wider system is having to grow at 3% GDP per year?
Progress: The Renewable Fuel Standard (RFS) was established in 2005 by the Energy Policy Act and upgraded via the Energy Independence and Security Act of 2007. In a nutshell, the RFS, which is administered by the Environmental Protection Agency (EPA), requires petroleum refiners to add increasing amounts of renewable alternatives into the nation’s transportation fuels.
A growing number of home and business owners want to increase energy efficiency. To do so, many will need to hire local contractors who are trained to perform home energy audits and retrofit buildings.