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A comment on Rapid Green Energy Transition Will Likely Result in Trillions of Net Savings. Parent comment

Re:Rapid Green Energy Transition Will Likely Result in Trill... by ncmncm on Sunday September 18, 2022 @04:52AM (#32885718)
If copper price is down, that means we have too much copper, not too little.
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Re:Rapid Green Energy Transition Will Likely Result in Trill... by tricky777 on Sunday September 18, 2022 @11:58AM (#32888596)
reading the post is essential. here is the bit adressing this:

> that may be due to previous hoarding in China coupled with economic slowdown and/or disruptions in their metals markets

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Re:Rapid Green Energy Transition Will Likely Result in Trill... by 01100011 on Sunday September 18, 2022 @07:06PM (#32892330)
If you look at the copper futures chart the current price is below a few peaks but it is still quite high, historically speaking. That is in the face of a real estate crash in China and impending global economic slowdown(a significant portion of which is due to energy malinvestment).

On a related note, the majority of new home construction does not use copper these days(both for cost reasons and performance reasons).

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