China Restricts Exports of Graphite, Key Mineral Used for Making EV Batteries

by M. Wilowski, Oct 20, 2023 in Investopedia


KEY TAKEAWAYS

  • China’s Ministry of Commerce on Friday curbed exports of graphite, a critical mineral used in the production of lithium-ion batteries for electric vehicles (EVs).
  • The move could make a shortage of graphite more likely at a time when worldwide EV demand is soaring.
  • China last year accounted for close to two-thirds of global production of graphite and all but 2% of spherical graphite output, the final product used in anodes for lithium-ion batteries.
  • EV makers such as Tesla, Rivian, and Lucid Motors, as well as traditional automakers that have developed their own EVs in recent years, could be at risk of production shortages.
  • With potential shortages looming, U.S. government officials have sought to incentivize domestic production of graphite and other minerals used in clean energy technologies.

“[COP28 Preparation] Climate loss and damage talks end in failure”

by E. Worral, Oct 22, 2023 in WUWT


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Read more: https://www.thejakartapost.com/business/2023/10/21/climate-loss-and-damage-talks-end-in-failure.html

Going by the steady, unbroken rise of atmospheric CO2 measured by Mauna Loa observatory, none of the money spent on climate conferences or the trillions of dollars spent on CO2 reduction measures to date have had any noticeable impact on global CO2. There is zero chance the hundred billion dollars per year recipient nations want will have an impact.

Mauna Loa CO2 Levels