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"Greta scenario" means $20,000/t copper, says Bernstein

To achieve complete decarbonisation by 2025, the “Greta Thunberg Scenario”, the price of copper would need to increase to $20,000/t or higher, research by Bernstein has found – and even the more modest goal of meeting existing emissions targets would require a 40% uplift.

 Wind turbines use a lot of copper - but higher prices will be needed if the world is to decarbonise

Wind turbines use a lot of copper - but higher prices will be needed if the world is to decarbonise

"Exploration success will have to accelerate to keep up with ‘green' global ambitions… there is only one way this can be achieved," said Bernstein senior research analyst Paul Gait. "Through higher price."...

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