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Climate Talks End In Copenhagen Accord; Countries Settle On Non- Binding 2 ºC Warming Limit

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In the end, 188 countries voted in favor of the motion, with Cuba, Bolivia, Sudan, and Venezuela voting against it. afforestation, avoided deforestation, carbon capture and storage, energy efficiency measures, renewable energy generation) would be established. Emissions Reduction Targets Shuttled To The Side.

Climate 236
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IRENA: diversifying critical material supply chains minimizes geopolitical risks

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Australia (lithium), China (graphite, rare earths), Chile (copper and lithium), the Democratic Republic of Congo (cobalt), Indonesia (nickel) and South Africa (platinum, iridium) are the dominant players. For example, Bolivia has 21 million tons of lithium reserves, but produced less than 1% of the world’s supply.

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China’s battery supply chain tops BNEF ranking for third consecutive time; Canada close 2nd, US drops to 3rd

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The increasing prices of lithium has also led to higher investments in carbonate and hydroxide refinery facilities in the country, making it the leading refiner of battery metals globally. In BNEF’s 2027 rankings, countries in South America see the biggest declines, notably Brazil and Bolivia.

Supplies 195