BASE METALS

'Greta Thunberg Scenario' equates to $20,000/t copper

To achieve complete decarbonisation by 2025, the “Greta Thunberg Scenario”, the price of copper would need to increase to US$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.

Elliott Holley
 Greta Thunberg is a 16 year old Swedish environmental activist who last month addressed the United Nations

Greta Thunberg is a 16 year old Swedish environmental activist who last month addressed the United Nations

"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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