The energy transition is in full swing, with the energy transition driving the next commodity supercycle. This portends immense prospects for metals producers, technology manufacturers, and energy traders and investors. Indeed, new energy research provider BloombergNEF estimates that the global transition will require ~$173 trillion in energy supply and infrastructure investment over the next three decades, with renewable energy expected to provide 85% of our energy needs by 2050.
For instance, BNEF projects that by 2030, consumption of lithium…Could Greenflation Derail The Commodity Supercycle?
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