World Economic Forum Says It Is ‘Time to Look Beyond’ Owning Vehicles – humanevents.com
The World Economic Forum (WEF) published a paper last week calling for the end of “wasteful” private car ownership. The WEF argued that communal sharing of cars would lessen global demands for precious metals and fossil fuels.
The WEF’s July 18 paper titled “3 circular economy approaches to reduce demand for critical metals” began by saying, “We need a clean energy revolution, and we need it now.”
The article continued, “But this transition from fossil fuels to renewables will need large supplies of critical metals such as cobalt, lithium, nickel, to name a few. Shortages of these critical minerals could raise the costs of clean energy technologies.”
Klaus Schwab at the World Economic Forum meeting in Davos: