Net zero at risk in ‘wake-up call’ for West
The TelegraphFindings from the IEA indicate that batteries will play a key role in cutting global emissions, but warned that the West must expand production facilities or risk becoming reliant on potentially hostile foreign powers. The report said: “China dominates the battery supply chain with nearly 85pc of global battery cell production capacity and substantial shares in cathode and anode active material production.” Angus MacNeil MP, chairman of the energy security and net zero committee, said the IEA’s report must serve as a “wake-up call in the West”. “Relations with China are such that things could easily be tricky in future, it might keep relations more stable if the reliance wasn’t one way.” The IEA report coincides with new figures from the Society of Motor Manufacturers and Traders showing that UK car production fell 27pc last month to 59,500. Fatih Birol, the IEA’s executive director, said battery technology was essential to cutting carbon emissions: “The combination of solar and batteries is today competitive with new coal plants in India.