Microeconomics: IB Economics
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Microeconomics: IB Economics
A brief overview of relevant articles for IB, A-Level and Pre-U economists relating to microeconomic issues
Curated by Graham Watson
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Scooped by Graham Watson
January 9, 8:30 AM
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Norway set to approve deep-sea mining despite environmental concerns | Deep-sea mining | The Guardian

Norway set to approve deep-sea mining despite environmental concerns | Deep-sea mining | The Guardian | Microeconomics: IB Economics | Scoop.it
Scientists say mining could have devastating impact on marine life, but Norway claims it will help green transition
Graham Watson's insight:

This article looks at the controversial topic of deep-sea mining and the potential negative externalities that are associated with it. Some scientists claim it will have an adverse effect upon marine life, but the Norwegian government see it as an essential part of encouraging a green transition in allowing for mining of lithium, scandium and cobalt in Norwegian waters. 

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Scooped by Graham Watson
December 4, 2023 2:25 AM
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Europe is ‘miles behind’ in race for raw materials used in electric car batteries | Mining | The Guardian

Europe is ‘miles behind’ in race for raw materials used in electric car batteries | Mining | The Guardian | Microeconomics: IB Economics | Scoop.it
EU and UK carmakers have secured just 16% of lithium, cobalt and nickel needed to hit 2030 targets, says study
Graham Watson's insight:

It seems as though the EU is well behind other major economies in relation to the raw materials required to make a large-scale transition to electric vehicles by 2030. A Brussel-based campaign group, Transport & Environment, argue that carmakers only have one-sixth of the required lithium, cobalt and nickel to meet 2030 targets for car sales. 

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