Jul 15, 2022 · A Copper Shortage Is Coming for the Energy Transition Lauren Leffer Gizmodo July 15, 2022 (AP Photo/Rick Bowmer) The amount of copper needed to meet projected demand between 2022 and 2050 is more.... The reverse is also true – a looming copper shortage threatens to completely derail the clean energy transition, and by extension, climate pledges across the world. According to a recent report from S&P Platts, if copper shortfalls follow projected trends, climate goals will be “short-circuited and remain out of reach.”. Jul 14, 2022 · S&P Global’s report comes as copper prices are under pressure. Commodities broadly have tumbled as recession fears rise, sparking fears over a demand slowdown. On Wednesday, copper hit its lowest level since November 2020, after a punishing second quarter that was the metal’s worst three-month period in more than a decade..