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Access here alternative investment news about Report: Mining Needs $100–$150 Billion To Meet Ev Demand
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Report: Mining Needs $100–$150 Billion To Meet Ev Demand

by juniorminingnews.com posted 6months ago 63 views
By Frik Els Consulting firm McKinsey put a note out on Thursday calling attention to “three surprising resource implications from the rise of electric vehicles”. Number one is that oil & gas investors can sleep well for at least the next decade as the impact of the move away from internal combustion engines will only modestly impact demand for fossil fuels. In fact, demand for natural gas fired power stations – all those EVs need to be charged after all – will increase by 20% if half the cars on US roads were electric.