This CRUCIAL Commodity Connects Present to Future | There’s Just 1 Problem


Copper is one of the essential elements of today’s economy, and tomorrow’s. It’s in the turbines and solar modules that generate electrons, the transmission and distribution lines that carry electricity to consumers, the home wiring that delivers it to dishwashers and iPhones, and the motors that move everything from elevators to electric bicycles.

I think of copper as a common carrier, so to speak, of decarbonization. It is literally the wiring that connects the present to the future.

Energy research firm BloombergNEF recently published its first global copper outlook, factoring in demand from the technological changes needed to wean the economy off fossil fuels. Its topline finding is striking: Copper demand will increase by more than 50% between now and 2040.
-Bloomberg

TOPICS AND TIMESTAMPS:
Borrowing Costs Economic Impact 0:00
Present and Future 4:47
Global Impact 8:14
Solutions 13:42

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Sources Used in This Video:
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The Money GPS is the most active, most informative channel in the financial world. Day after day, breaking down the data and making it easy to understand. This channel is not here to help build a portfolio, give stock picks, or financial advice. It’s simply data that is generally not found through conventional means.
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