After several years of negotiation between EU institutions, the EU Carbon Border Adjustment Mechanism (CBAM) Regulation was adopted in 2023.
The new EU Battery regulation has implications for nickel producers both inside and outside Europe. If they are supplying material to the EU battery chain destined for the European market all producers need to comply with the new rules.
Batteries, notably those used in electric vehicles, play an essential role in the plans of the European Commission to deliver the EU Green Deal. They are considered as a critical and strategic technology to achieve Europe´s ambitious climate change mitigation targets and to move towards green and sustainable mobility.
Major economies across the globe are setting climate neutrality targets. But proper measurement and methodologies are needed to provide transparency and common benchmarks when assessing carbon footprint. At a recent event in China, there was general consensus on the importance of adopting a harmonized approach to carbon footprint calculation and disclosure.
When Courtney Love wrote this she was not thinking about rockets. It is, however, a perfect description of the history of rocketry. Until the Elon Musk revolution.
Space is hard but nickel makes it possible. The United States of America, through the private company SpaceX, imminently expects to regain its independent way into space.
European nickel producers need a consistent regulatory framework. There must be coherence between different EU policy objectives with rules based on principles of sound science, risk-based approaches, full life-cycle thinking and impact assessments.
Should we be worried about there being enough nickel to supply the transition to electric vehicles and cleaner energy sources? Given its wide range of uses in important existing and emerging technologies, this is a frequently asked question.