The United States allocated 46 billion euros for critical raw materials policies for the period 2024-2026.
GroenLinks-PvdA · S&D
11 verified claims
The United States allocated 46 billion euros for critical raw materials policies for the period 2024-2026.
China introduced export licensing requirements for seven rare earth minerals.
86% of processed tungsten comes from China.
Japan mobilised 13 billion euros through JOGMEC for critical raw materials.
The EU depends on imports for almost 100% of its processed lithium.
Europe faces an annual investment shortage of roughly EUR 800 billion per year.
The EU Modernisation Fund has been doubled.
China, Canada, Türkiye, Japan, South Korea and Morocco are introducing carbon prices or emissions trading systems.
The EU emissions trading system has decarbonised covered industry by more than 30% while its output grew by more than 60%.
The prices of solar, wind and battery technologies in Europe are decreasing.
The EU spends hundreds of billions of euros on fossil fuel imports with no additional gas or oil supplies.