The new oil? How demand for copper could reshape the world

Daniel Yergin says copper is the key to the transition away from fossil fuels.

On this week's Down to Business, Yergin explains how copper will change geopolitics.

According to a report released earlier this month by S&P Global, two countries control 38 per cent of the world's supply.

According to the report, world copper production will need to double in order to meet emissions targets and that a looming gap between available supply and rapidly rising demand will cause price shocks and short-circuit the energy transition.

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