Energy Transition and Geopolitics: Are Critical Minerals the New Oil?

The document examines the geopolitical implications of the energy transition, arguing that potential scarcity of critical minerals is driven more by demand dynamics than by supply concentration. It proposes a set of 'no-regrets' interventions for governments and the private sector to mitigate dependencies and prevent bottlenecks.

• While historical concerns regarding critical minerals have centered on supply concentration and extent, the primary drivers of potential scarcity are actually located within demand dynamics.
• The transition toward critical minerals like lithium and copper is creating new dependencies that may shift the global power center and cause geopolitical anxiety.

APA

World Economic Forum (2024). Energy Transition and Geopolitics: Are Critical Minerals the New Oil? https://www.weforum.org/publications/energy-transition-and-geopolitics-are-critical-minerals-the-new-oil/

Chicago

World Economic Forum. Energy Transition and Geopolitics: Are Critical Minerals the New Oil? 2024. https://www.weforum.org/publications/energy-transition-and-geopolitics-are-critical-minerals-the-new-oil/.

Wikipedia

{{cite report |author=World Economic Forum |title=Energy Transition and Geopolitics: Are Critical Minerals the New Oil? |date=29 April 2024 |url=https://www.weforum.org/publications/energy-transition-and-geopolitics-are-critical-minerals-the-new-oil/ |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{worldeconomicforum2024energy, author = {{World Economic Forum}}, title = {{Energy Transition and Geopolitics: Are Critical Minerals the New Oil?}}, institution = {World Economic Forum}, year = {2024}, month = apr, url = {https://www.weforum.org/publications/energy-transition-and-geopolitics-are-critical-minerals-the-new-oil/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }