#Copper - Amount needed to achieve net zero. Over the next 27 years twice as much copper will need to be produced than has been over the last 3000 years
#Copper prices bounced on Thursday to snap a four-session losing streak, as bearish speculators reversed their positions after news about fresh investment in top metals consumer China. https://t.co/jnH2DLbTAA
#Copper - Inventories held in exchange warehouses fell 16,729 metric tonnes during November to 193,376 mt, and remain at multi year lows. *Attribution to John E. Gross
Renewable energy won't replace fossil fuels.
Germany spent nearly 500 BILLION Euros on wind & solar power over the last 20 years.
Germany's dependence on fossil fuels declined from 86% to 79%.
#Copper - Up 10 cents to $3.74
- Copper prices rose to their highest in nearly two weeks on Wednesday, boosted by a weaker dollar amid hopes that inflation is peaking and the pace of central bank rate hikes will slow