• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar

Earth Wise

A look at our changing environment.

  • Home
  • About Earth Wise
  • Where to Listen
  • All Articles
  • Show Search
Hide Search
You are here: Home / Archives for analysts

analysts

China and carbon emissions

August 22, 2024 By EarthWise Leave a Comment

China has been the biggest source of greenhouse emissions for nearly 20 years.  Its emissions surpassed those of the United States in 2006 and its fraction of the world’s emissions is now nearly a third.  Therefore, unless China’s emissions stop growing, the world’s emissions won’t either.

Recent data from China’s government and by energy analysts provides some reasons for optimism.  What is happening is that how China produces its electricity is changing.  Renewable sources are gradually replacing coal.

Last year alone, China installed more solar panels than the United States has in its entire history.  Nearly two-thirds of utility-scale wind and solar plants under construction are in China.  According to a report from Global Energy Monitor, China is developing more than eight times the wind and solar capacity currently being planned for the US.

Despite all this progress, China still generates 53% of its electricity from coal.  While this is the lowest share reported since its government began publishing energy data decades ago, it is still a major source of carbon emissions.  China is responsible for two-thirds of the world’s newly operating coal plants and still plans to build many more.  China accounts for about 60% of the world’s coal use.

China is investing heavily in pumped-storage hydropower along with its massive efforts in solar and wind power.  But if it is to meet existing and proposed new commitments to reduce emissions, it will need to be much more aggressive in reducing its dependence on coal.  Current predictions are that China’s emissions may soon no longer be increasing.  But what is needed is for them to start dropping and the sooner the better.

**********

Web Links

Why the Era of China’s Soaring Carbon Emissions Might Be Ending

Photo courtesy of Mike Locke via Flickr.

Earth Wise is a production of WAMC Northeast Public Radio

Falling Lithium Prices | Earth Wise

May 1, 2023 By EarthWise Leave a Comment

Producers still working out how to meet the surging demand for lithium

Lithium, the key element in the batteries that power electric cars, as well as smartphones, tablets, and laptop computers, is sometimes called white gold.  Over time, the price of the metal has gone up and up.  But recently, and surprisingly, the price of lithium has actually gone down, helping to make electric vehicles more affordable.

Over the first couple of months of this year, the price of lithium has dropped by nearly 20%.  The price of cobalt, another important component of vehicle batteries, has fallen by more than half.  Even copper, another battery material, has seen its price drop by 18%.

Many analysts predicted that prices of these commodities would stay high or even climb higher.  The reason for the decline, as well as whether it is likely to persist, is the subject of much debate.

Some experts believe that the price drops are a result of demand not being as high as expected, perhaps related to slowing sales growth of EVs in Europe and China after certain subsidies expired.  Other industry experts said that the drop was a result of new mines and processing plants providing additional supply sooner than was thought possible.

Despite the price drops, mining and processing lithium remains an extraordinarily profitable business.  It costs from $5,000 to $8,000 to produce a ton of lithium that sells for ten times that amount.  With such fat profit margins, there is no shortage of banks and investors eager to finance lithium mining and processing projects.  Such profit margins are probably not sustainable and that will likely result in more reasonable prices over time.

There is plenty of lithium in the world.  The huge demand for it is a recent phenomenon and the world is still working out how to meet that demand.

**********

Web Links

Falling Lithium Prices Are Making Electric Cars More Affordable

Photo, posted January 9, 2023, courtesy of Phillip Pessar via Flickr.

Earth Wise is a production of WAMC Northeast Public Radio

Primary Sidebar

Recent Episodes

  • An uninsurable future
  • Clean energy and jobs
  • Insect declines in remote regions
  • Fossil fuel producing nations ignoring climate goals
  • Trouble for clownfishes

WAMC Northeast Public Radio

WAMC/Northeast Public Radio is a regional public radio network serving parts of seven northeastern states (more...)

Copyright © 2026 ·