Jump to navigation

Vol 64 No 22

Published 2nd November 2023


China, Europe and the US mull tariff war amid scramble for Africa's green minerals

Corporate rivalries and geopolitical tensions disrupt markets for electric vehicles | Special Report by Tim Concannon

Expectations for the UN COP28 Climate summit in Dubai next month are muted because their host is a leading fossil fuel economy and because of rising geopolitical tensions.

This year's United States Inflation Reduction Act by President Joe Biden's administration includes hundreds of billions of dollars of green financing in a law to protect US jobs and companies.

Now European Commission President Ursula von der Leyen plans a similar measure to protect European manufacturers of electric vehicles from what she thinks is susbsidised competition from China. 

Our climate editor, Tim Concannon looks at the implications of these rivalries for African economies which supply many of the critical green minerals. 

For a detailed analysis of these shifts, read our Special Report here: China, Europe and the US mull tariff war amid scramble for Africa's green minerals



Related Articles

Key points from Copenhagen

At the United Nations’ climate change summit in Copenhagen in December 2009, African governments won a victory by stopping attempts by the West to kill off the Kyoto Protocol, agre...


What did the UN COP28 Climate summit deliver for Africa?

The final communiqué at the end of the UN COP28 summit in Dubai on 13 December produced what its authors hailed as a breakthrough – it approved a roadmap for 'transitioning away from fossil fuels' | By Tim Concannon

It was a first for a UN Climate Conference. But it stopped short of what many delegates had called for – 'a phase-out' of the use of coal, gas and oil. Following the transition roa...

READ FOR FREE

Finance and energy access come first

The IMF, World Bank and G20 face growing pressure to raise funds for climate goals ahead of the UN COP28 summit in Dubai

Arguments over emissions cuts, climate finance and developing economies' access to energy are set to dominate the UN COP28 Climate summit in Dubai in November. Despite sharpening g...


Who will fund the new fund?

With two months until the November deadline set at last year's COP climate change summit for the 'loss and damage' fund compensating victims of climate change to be finalised, dele...


The oil economy breaks up

The architects of industry reform bid a long goodbye to oil and welcome the brave new world of gas for all

Energy companies, trades unions and politicians are beginning to get to grips with the prospect of wide-ranging reform of the oil and gas industry, the foundation of the country's ...