OMNI Features|IEA: Shortage of Critical Minerals May Hinder Global Green Energy Transition.Geothermal Energy in Germany Can Supply Up to 25% of Heating Demand.PwC Survey: Consumers Willing to Pay 9.7% More for Sustainable Goods Despite Inflation

May. 22 2024

OMNI Features|IEA: Shortage of Critical Minerals May Hinder Global Green Energy Transition.Geothermal Energy in Germany Can Supply Up to 25% of Heating Demand.PwC Survey: Consumers Willing to Pay 9.7% More for Sustainable Goods Despite Inflation

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|IEA: Shortage of Critical Minerals May Hinder Global Green Energy Transition
A report by the International Energy Agency (IEA) indicates that manufacturers of products such as electric vehicles, wind turbines, and solar panels will face challenges due to shortages of critical minerals, including copper, lithium, cobalt, and nickel. It emphasizes the need to increase investments in recycling and new mining projects. According to the analysis presented in the report, the projected global supply of lithium will only meet 50% of the world's demand by 2035; similarly, the projected supply of copper will only satisfy two-thirds of the demand at that time.

|Geothermal Energy in Germany Can Supply Up to 25% of Heating Demand
The environmental group "Deutsche Umwelthilfe" (DUH) has written an article urging the German federal government to develop domestic geothermal potential. According to energy-related studies, up to 25% of heating demand in Germany can be supplied through deep geothermal energy, which deserves government attention and utilization. DUH points out that scientific assessments suggest Germany's geothermal potential could reach up to 300 terawatt hours (TWh). To fully unleash this potential and avoid underestimating natural resources, DUH calls on the government to raise the geothermal development target for 2030 to 100 TWh and to formulate strategies for rapidly expanding geothermal en

|PwC Survey: Consumers Willing to Pay 9.7% More for Sustainable Goods Despite Inflation
Recently, PwC released its "Voice of the Consumer Survey 2024," revealing that despite concerns about rising living costs and inflation, consumers are still willing to spend an average of 9.7% more on sustainable goods. This survey was conducted from January to February 2024 and involved 20,662 consumers aged 18 and above across 31 countries or regions.

參考來源:PwC|CNA

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