The Channel island of Jersey has become the unlikely centre of the wider row over access to fishing waters between the UK and France, with the government in Paris on Tuesday threatening that electricity supply to the island could be…
Nothing stirs Anglo-Gallic passions quite like the sight of gunboats in the Channel. The presence of several hundred patrol boats in the waters around Jersey – one of the picturesque Channel islands that provides offshore banking to the mega-rich – is the latest act in the Brexit farce.
The green transition will increase demand for critical minerals, high capacity batteries, and semiconductors. An electric vehicle requires six times more critical minerals than a conventional car, while an onshore wind power plant requires nine times more critical minerals than a comparable gas-fired plant. Likewise, the lithium-ion battery market is expected to become five to ten times larger by 2030 on account of demand for electric vehicles and stationary storage. Meanwhile, semiconductors underpin virtually every technology, giving them industrial and national security significance. Dependence on a few countries (e.g. China) for these critical inputs and technologies has sparked interest in policies to increase supply chain resilience, for instance through greater domestic production. As the EU and US face similar challenges, in June 2021 they agreed to establish the EU-US Trade and Technology Council, which will also address cooperation on supply chains.
Source : © European Union, 2021 – EP