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A transition away from fossil fuels currently requires a vast amount of minerals to build the infrastructure of renewable energy. According to the World Bank, the extraction and refining of minerals such as lithium, graphite, and cobalt will increase by 500 percent by 2050. More than 50 percent of the world’s supply of lithium, a key component in solar panels and the batteries in electric cars, can be found in the Lithium Triangle, a vast area of salt flats spanning Argentina, Bolivia, and Chile. Meanwhile, nearly 40 percent of the world’s copper, another key component in “sustainable” energy infrastructure, can be found in Peru and Chile. More

The post The Impacts of Green New Deals on Latin America appeared first on CounterPunch.org.


This content originally appeared on CounterPunch.org and was authored by John Feffer.

Citations

[1]https://www.counterpunch.org/2022/03/16/the-impacts-of-green-new-deals-on-latin-america/[2]https://www.counterpunch.org/2022/03/16/the-impacts-of-green-new-deals-on-latin-america/[3]https://www.counterpunch.org/