Electrification Goals Hampered by Copper Shortage, Study Finds
Copper cannot be mined quickly enough to meet U.S. policy guidelines for transitioning to renewable energy, according to a University of Michigan study. The Inflation Reduction Act, signed into law in 2022, requires 100% of cars manufactured to be electric by 2035. However, an electric vehicle needs three to five times as much copper as a combustion engine vehicle, in addition to the coppe