The Battery ‘Domino’ Effect That Could Help Us Hit Climate Goals
A report by the Rocky Mountain Institute highlights how a domino effect of surging battery demand could put global climate goals within reach by enabling a 22 Gigatons per year reduction in CO2 emission.
The Surge in Battery Demand – A Domino Effect
The report suggests that the world is witnessing a shift in energy dynamics due to the exponential growth in battery demand, due to a phenomenon driven by what it describes as a “domino effect” that will cascade from country to country and sector to sector.
The report highlights how this unprecedented battery demand isn’t just a trend and could be a critical enabler in significantly contributing to the abatement of transport and power emissions and (hopefully) the phaseout of half of the global fossil fuel demand. The assertion is that this domino effect of battery demand could be the thing that sets the world on a clear trajectory towards achieving over 60 per cent of the necessary milestones for a zero-carbon energy system.
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