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Hat tip Henry Sanderson Benchmark Mineral Intelligence for this very rare interview and comprehensive interview with XiaoShen Ganfeng Lithium #lithium Worth listening👇 youtu.be/xY9KOq3fiGk?fe… via YouTube

As lithium ion batteries enter the era of politics and policy, it’s worth reflecting on how far we’ve come in 10 years. In 2014, lithium ion batteries were $400/kWh average In 2024, battery batteries are now $78/kWh average. Benchmark Mineral Intelligence data The low raw material price

🌎 Day 2 of #GigaUSA kicked off this morning with Senator Joe Manchin, Chairman of the U.S. Senate Committee on Energy & Natural Resources, sharing his view on American leadership in the new #energy economy. ⬇️ Watch a clip from Senator Manchin’s Keynote in Washington DC below.

Global EV sales reached 1.3 million units in May 2024, growing by 19% y-o-y. This brings global EV sales to 5.5 million units YTD. The Chinese EV market has grown by 31% so far in 2024, in Europe by 4%, and in the USA & Canada by 5%. This data is taken from our EV Sales Monthly

An energy-rich future is not just some environmentalist fever dream. Our special issue explores how the exponential rise of solar power will change the world econ.st/3KYy0tn

The past four months in California have been a miracle of sorts--a huge modern economy that's now running much of the time on renewable energy newyorker.com/news/daily-com…

China increases its presence in the DRC's copper and cobalt mining industry as state-owned Norin Mining agrees to buy Chemaf Resources bloomberg.com/news/articles/… via Bloomberg Markets

Global temperatures were extremely hot in June 2024, at just over 1.5C, beating June 2023's previous record-setting temperatures by 0.14C and coming in around 0.4C warmer than 2016 (the last major El Nino event). Now 2024 is very likely to beat 2023 as the warmest year on record

🌎 Benchmark Lithium Price Index falls 4.6% driven by falling prices outside China, as bearish summer sentiment extends into July 🇨🇳 In the Chinese domestic market prices tick down as short term demand expectations remain negative #Cell sales in June exceeded production, so

China, the world's biggest polluter, posted data that indicates emissions will decline this year. They may even have peaked bloomberg.com/news/articles/… via Bloomberg Green

Big investments by Chinese clean energy companies in Saudi Arabia, which along with Morocco looks set to become key overseas production base bloomberg.com/news/articles/… via Bloomberg Green

Global surface temperatures from Berkeley Earth are now out for June. It was the warmest June on record for land, oceans, and the globe as a whole by a sizable margin (~0.14C), and came in at 1.6C above preindustrial levels.berkeleyearth.org/june-2024-temp…

BREAKING: The Communique of 🇨🇳 China's #thirdplenum for the first time mentions carbon reduction! This elevates China's commitment to reducing emissions and tackling #climatechange to a new level!

Breaking: China’s CO2 emissions fell 1% in Q2 of 2024, the first quarterly fall since the end of zero-Covid, following five straight quarters of increases. Full-year emissions are on track to fall this year, but only if electricity demand growth eases as expected.

This may be one of the most world changing trends in energy and climate playing out right now. China's auto market moves about 26-27 million new vehicles each year, almost twice as large as the US market. China is such a HUGE lever in global emissions and oil demand.

Climate change is complex, but the math of CO2 is actually pretty simple. Increasing emissions ➡️ faster warming Flat emissions ➡️ constant warming Decreasing emissions ➡️ slowing warming Zero emissions ➡️ stopping warming Negative emissions ➡️ cooling

At the end of July the NEV trade in subsidy in China was doubled to close the 2020 subsidy level. In August EV sales have jumped, surpassing 1 million units for the first time - will this be sustained in the coming months, or is this a direct reaction to the policy? #EV #battery