There is an insidious lie that has taken root in the energy transition narrative pushed by the world’s most powerful financial, political, and environmental institutions: we need to massively scale up “critical mineral” mining to secure a green future. The World Bank claims that production of key minerals will need to increase by 500% by 2050 for the energy transition. According to the United Nations Conference on Trade and Development (UNCTAD), 250 new mines are needed to meet emissions targets (80 new copper mines, 70 new lithium mines, 70 new nickel mines, and 30 new cobalt mines). WWF says we need to dramatically increase the supply chain for a wide range of materials, including “transition minerals” as they’re also sometimes called. We are told that mineral extraction’s countless environmental harms — the streams contaminated by toxic runoff, the razed forests, the degraded air quality, the dying wildlife — are the necessary costs of the transition to renewable energy. Lithium pools in Salinas Grandes, Argentina. Image by Pedro J Pacheco via Wikimedia Commons (CC BY-SA 4.0 DEED) But as we at the Oakland Institute show in a new report, “transition minerals” are misnamed. The vast majority are used in industries that are either unrelated — or in direct opposition — to the clean energy transition. This trend shows no signs of changing: artificial intelligence and heightened military spending are, in fact, increasing the demand for these minerals in industries driving ecological destruction. Scaling up mining as recommended by international organizations would…This article was originally published on Mongabay

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