PLM Green Alliance moderator Bjorn Fidjeland recommends reading the KPMG report on “Resourcing the energy transition: making the world go round” which explores the transition to renewable energy, a growing dependence on natural resources other than oil, and the crucial link to the circular economy.
From the KPMG website “A net-zero world is dependent upon renewable energies to replace traditional power sources…. But there is a threat to supplies of the mined mineral and metals that drive these green technologies. In our latest report, Resourcing the energy transition: Making the world go round, we explain how the circular economy can help address these challenges. Reusing, recycling and repurposing metals and materials can contribute to surety of supply, and potentially reduce waste, pollution and carbon emissions by minimizing the need for extraction.”
The graph below, produced by KPMG in the report, on the supply country of origin and uses of rare earth minerals for green energy capture, distribution and storage is especially informative if not somewhat worrisome.
Read more and download the report from KPMG HERE.