The latest obstacle in the clean energy transition? Soaring metal prices

Nov 18, 2021

The pollution from cranes in metal mines also causes a threat to the clean energy transition. Image: Aleksey Malinovski on Unsplash

Lukas Boer

Research Associate, DIW Berlin Graduate Center

Martin Stuermer

Economist, Commodities Unit of the IMF's Research Department

Nico Valckx

Economista Principal, Departamento de Mercados Monetarios y de Capital del FMI

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The high demand for metals to elevate clean energy transition is causing a huge price increase. Image: IEA, Schwerhoff and Stuermer (2020), US Bureau of Labor Statistics, US Geological Survey, IMF

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