Deglobalization Is a Climate Threat | by Raghuram G. Rajan - Project Syndicate

“The key inputs for batteries – lithium, nickel, and cobalt – are projected to be in short supply within the decade, as are the rare earths used for electrodes. Global battery production will suffer if manufacturers have to “friend-shore” these commodities. After all, most of these resources are mined in unstable or conflict-ridden countries, like the Democratic Republic of the Congo, and much of the existing refining is done in China and Russia.”

Deglobalization Is a Climate Threat | by Raghuram G. Rajan - Project Syndicate
https://www.project-syndicate.org/commentary/deglobalization-threatens-fight-against-climate-change-by-raghuram-rajan-2022-11
via Instapaper