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Home VIDEO NEWS FROM AROUND THE WORLD

Why A Looming Copper Shortage Has Big Consequences For The Green Economy

by 198 China News
August 14, 2021
in VIDEO NEWS FROM AROUND THE WORLD
1 min read
50
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Copper costs have surged in 2021. The bottom steel stays in excessive demand, a lot due to its want in inexperienced power tasks and electrical vehicles. In Might 2021, commodities analysts at Goldman Sachs referred to as copper ‘the brand new oil.’ That’s as a result of electrical vehicles want a number of instances extra copper than their gas-powered counterparts. And energy grids getting electrical energy from wind, photo voltaic and hydro sources additionally want copper—far more than the trade is at the moment producing. Right here’s how copper grew to become so essential to the world economic system and the inexperienced power revolution.

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Why A Looming Copper Scarcity Has Large Penalties For The Inexperienced Financial system

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Tags: Bigchina newschina news englishchina news todayconsequencesCopperEconomyglobal newsglobal news todayglobal trade news 2021global trade news todayGreenloomingshortagetrade news chinatrade war news chinaworld china newsworld news china and us
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Comments 50

  1. Dupont550 says:
    2 years ago

    Aluminum?

    Reply
  2. Cornee says:
    2 years ago

    Rice shortage, Grain shortage,Gas shortage, Meat shortage, Chip shortage and now Copper shortage 🤔

    Reply
  3. Sam Green says:
    2 years ago

    Absolutely no one:

    The media: EVERYONE PANIC!!

    Reply
  4. Hot knight 13 says:
    2 years ago

    Copper… Rubber…. Chicken……. Good job Biden.. Trump the sooner the better.

    Reply
  5. lebear101 says:
    2 years ago

    Wow that’s mean all penny are worth more than one cent.

    Reply
  6. John VW says:
    2 years ago

    It doesn't matter if silver is a better conductor. It costs 73 times more than copper.

    Reply
  7. Nick M. says:
    2 years ago

    Gold is the best conductor not copper that isn't accurate. I get it gold's too expensive for for many applications so copper is used primarily but it is not the best conductor.

    Reply
  8. Mark Thompson says:
    2 years ago

    your jar of pennies is about to go up up up!!!!

    Reply
  9. Mashmakhan says:
    2 years ago

    There is no copper inside of an automotive engine. At least a modern, internal combustion one. They are used in alternators, starters, and hybrid drives. (and wiring of course)

    Reply
  10. KDawgKy says:
    2 years ago

    Allow the Hedge Fund robbers and the Commodities Brokers to continue to manipulate the system and we will all be dead in the water.

    Reply
  11. Bryan Herber says:
    2 years ago

    @2:13 – No copper is not the single best known conductor of electricity, lol. Gold is. Copper is the 2nd best. Just saying

    Reply
  12. Dale olson says:
    2 years ago

    Lots of misinformation,no accountability in reporting any more. You should be ashamed to be a part of journalism.

    Reply
  13. Donna King says:
    2 years ago

    If there's a shortage, its because yt ppl don't know how to stop taking from the earth. Would you want someone digging in your body.

    Reply
  14. Geary Morris says:
    2 years ago

    Uh! FYI – The Resolution Mine in Superior, Arizona is sitting on 2-Trillion $$$$$$$ of Copper reserves. Rosemont Copper in Green Valley, Arizona is sitting on 1-Trillion $$$ of reserves. Both of these mines have been in constant delay due to Fake lawsuits etc. So, if there is a shortage, it is has been Politically created …

    Reply
  15. Social Tourist says:
    2 years ago

    I love how "Green Energy" uses its label to convince people of foolish things. Look up copper mines or how basically all of the materials for so called green tech is harvested from the earth. Looks strangely destructive, but that can't be…can it? Almost like a large group of people stood to profit by telling a little fairy tale. Please educate yourself on how and what these green techs are made from.

    Reply
  16. Joseph DESTAUBIN says:
    2 years ago

    The problem with copper supply has been a long time coming. This is why in construction we use less and less copper each year.

    Reply
  17. James Dalton says:
    2 years ago

    A sudden overload of resources makes much sense.

    Reply
  18. Death More death says:
    2 years ago

    Waste of time

    Reply
  19. Christopher King says:
    2 years ago

    What about the environment? No more concern about mining and it's pollutants?

    Reply
  20. Glen McDonald says:
    2 years ago

    I'm not going to look this up, but from my recent studies in electrical engineering tells me that the quote u used was wrong. The quote stated that there is "no better conductor of electricity"… BUT gold and other much more expensive precious metals are MUCH better conductors of electricity. BUT, they r too expensive and have 'higher value' uses that r regarded much more useful than conducting electricity. SO, copper is the BEST economically viable conductor of electricity. BUT not even close to "the BEST conductor" of electricity… just saying…

    Reply
  21. Stan W says:
    2 years ago

    Because they’re trying to boost the market…

    Reply
  22. hahahahaha52010 says:
    2 years ago

    Your ad sucks

    Reply
  23. eWorkNOW says:
    2 years ago

    Don't know how I bumped onto this. All in all Awesome video 🥇. I also have been watching those rather similar from mStarTutorials and kinda wonder how you guys make these clips. MSTAR TUTORIALS also had cool info about similiar money making things on his vids.

    Reply
  24. King KarlySama says:
    2 years ago

    No surprise whatsoever with any and all natural resources and materials being at an all time shortage. We will be responsible for the extinction of earth. The people in this world as clever as they may think they are really they are not. We are still continuing to deplete use and exhaust this world of all its natural resources we are still using OBSOLETE methods instead of working with the environment we work against it our so called progression.

    We stray further and further away from God and the original principles he set out for us this is all a sign of the second coming of my Lord and saviour Jesus Christ his return is near and this earth 🌍 will be no more, Jesus Christ loves you his love for us is endless an inexhaustible eternal love, I pray for each and every one of you and I hope that you will chose to put your Faith in Jesus Christ today because only his salvation can save you Jesus Christ is The Living Ark his Ark is the only Ark that can save you. So repent from your hearts 💕 and forgive from your hearts all those whom ever hurt you, go see that person as hard as it may seem and really forgive them, then except Jesus Christ into your hearts as your Lord and saviour, I pray be it even one this day may whoever accepts this message be changed forever amen (John 3:16)

    Reply
  25. Patrick D says:
    2 years ago

    GET TO THE POINT!

    Reply
  26. Max Jensen says:
    2 years ago

    I really hope we figure out how to make sure carbon nanotubes can be safe

    Reply
  27. theedrstrangelove says:
    2 years ago

    Aluminium will come back as a household conductor.

    Reply
  28. Greg Collins says:
    2 years ago

    Copper is not becoming more valuable so much as the money is becoming less valuable because "they" are abusing the ability to "print it out of thin air"…

    Reply
  29. Kyle Chin says:
    1 year ago

    Just use gold idiots

    Reply
  30. steel man says:
    1 year ago

    I thought it was already have ucseen the price lately

    Reply
  31. Nicola says:
    1 year ago

    Seems like there's mor harm than good

    Reply
  32. C.O.D. KING 000 says:
    1 year ago

    Looming and impending mean two entirely different things. Oh my Jesus is this clickbate

    Reply
  33. Mikeg1 .1 says:
    1 year ago

    12:10
    Silver is the most electrically conductive metal.

    Reply
  34. Al Overnighter says:
    1 year ago

    Damn, Francisco D'Acconia! I knew he was after smth with all his plant destruction 😂

    Reply
  35. grippen says:
    1 year ago

    Need to use nano carbon tubes and boron instead

    Reply
  36. Leo Uvarov says:
    1 year ago

    you can replace copper with aluminium if needed. You'll have to use more of it, because it has higher resistivity, but it significantly cheaper (2500 vs 9000)

    Reply
  37. YAMADA says:
    1 year ago

    Wait why can’t we just mine more copper?

    Reply
  38. Jordon Patrick Mears says:
    1 year ago

    While silver may be slightly better in conductivity, that increase doesn't outweigh the detracting factors in that silver oxidizes faster, is more rare and thus more expensive… copper is literally the best… at best you could maybe do copper coated silver wiring.

    Reply
  39. what. says:
    1 year ago

    Silver is the best way to conduct electricity.. so is gold.
    Thats why we use gold for contacts on smaller electronics. The reason we use copper so much is because of how prevalent it is, its properties pertaining to its ability to be recycled and how cheap it is

    Reply
  40. Jamoe says:
    1 year ago

    We need a blend of these energies so people have the choice to choose gas or electric vehicles. Because the idea that every car will be fueled by electricity is crazy.

    Reply
  41. shieldsand Shields says:
    1 year ago

    I guess we're short on everything huh..hoax..but we know these elites are faking crap left and right..probably even setting these dsmn fires everywhere…

    Reply
  42. Alan Kuentz says:
    1 year ago

    The tweekers will be out in full force

    Reply
  43. Doug says:
    1 year ago

    SO MUCH copper finds its way into the landfill via all the cheap electronic crap from overseas we throw in the trash despite that little symbol on it telling us not to.

    Reply
  44. Dan Cook says:
    1 year ago

    Plenty of copper here in the USA but they keep not wanting to pay people so it’s time to move it to China slave labor fake shortages to drive up cost you know like Wall Street

    Reply
  45. FabiWan says:
    1 year ago

    2:13 Wrong. Silver is the best conductor. Copper is just cheaper.

    Reply
  46. RSGTomcat says:
    1 year ago

    Pure Aluminum is a better conductor than Copper. The reason it's measured conductivity is lower in practice is because it's so reactive with oxygen that it instantly forms a thin ceramic oxide layer which is a strong resistor that blocks the flow at the electric interfaces.

    Reply
  47. James B says:
    1 year ago

    2:14 Someone needs to go back to school. Silver is much better at conduction than copper.

    Reply
  48. Keely A. Ross says:
    1 year ago

    I got a transfer of 18,000 million dollars directly to my bank account all thanks to Maskoffweb they are awesome

    Reply
  49. Keely A. Ross says:
    1 year ago

    I got a transfer of 18,000 million dollars directly to my bank account all thanks to Maskoffweb, they are awesome

    Reply
  50. horsefly1020 says:
    1 year ago

    Plenty of copper at lowes an home depot.

    Reply

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