MTA: The UK Is Set To Lead The Green Revolution
also found that, in addition to the potential £20bn boost to the United Kingdom’s GDP, between 400,000 and 1 million jobs could be created in the manufacturing sector, if the industry in the region leads the way in the green revolution.
The calls to increase the efforts towards having a positive impact on climate change are becoming more frequent and pressing, especially in the manufacturing sector. Climate change issues are having more and more of an impact on the everyday lives of everyone in the world, which is why the issue is becoming so pressing in society.
If the UK acts now, it will be at the very forefront of the movement, which could have such a great impact on the environment, as the wider industry as a whole. The UK has reduced its carbon emissions by up to 44% since the early 1990’s, and has become the first region to commit to reaching net-zero emissions.
James Selka CEO of the MTA Said “Going green is not an option, it a necessity. The UK has a worldwide reputation for innovation within manufacturing and engineering. This report highlights the need to invest to make to the essential transition to a decarbonised economy.”
“By embracing green technology, we can transform our economy as a whole and work towards sustainable growth, creating new, higher paid, jobs and protect the environment in the process.”
The UK’s net-zero target was underpinned by The Commission on Climate Change. The organisation has estimated that, if the UK is to reach its goals and lead a revolution, it will have to increase investments into green technologies by between 1-2% of GDP per year, every year, up to the year 2050.
As a factor growing roughly four times faster than the overall economy, green growth is becoming a significant economic accelerator. An early start on this journey will give the sector as a whole, and the companies in it, a great chance of staying ahead of the competition, regionally and globally, whilst also diversifying their products and services into wider products and markets.
In the manufacturing industry alone, investments into green technologies stand to create somewhere between 37,000 and 90,000 jobs, and a further 34,000 to 83,000 jobs in the supply chain sector.
Ultium Cells LLC/Li-Cycle: Sustainable Battery Manufacturing
Ultium Cells LLC - a joint venture between General Motors and LG Energy Solutions - has announced its latest collaboration with Li-Cycle. Joining forces the two have set ambitions to expand recycling in North America, recycling up to 100% of the scrap materials in battery cell manufacturing
What is Ultium Cells LLC?
Announcing their partnership in December 2019, General Motors (GM) and LG Energy Solutions established Ultium Cells LLC with a mission to “ensure excellence of Battery Cell Manufacturing through implementation of best practices from each company to contribute [to the] expansion of a Zero Emission propulsion on a global scale.”
Who is Li-Cycle?
Founded in 2016, Li-Cycle leverages innovative solutions to address emerging and urgent challenges around the world.
As the use of Lithium-ion rechargeable batteries in automotive, industrial energy storage, and consumer electronic applications rises, Li-Cycle believes that “the world needs improved technology and supply chain innovations to better recycle these batteries, while also meeting the rapidly growing demand for critical and scarce battery-grade materials.”
Why are Ultium Cells LLC and Li-Cycle join forces?
By joining forces to expand the recycling of scrap materials in battery cell manufacturing in North America, the new recycling process will allow Ultium Cells LLC to recycle cobalt, nickel, lithium, graphite, copper, manganese and aluminum.
“95% of these materials can be used in the production of new batteries or for adjacent industries,” says GM, who explains that the new hydrometallurgical process emits 30% less greenhouse gases (GHGs) than traditional processes, minimising the environmental impact. Use of this process will begin later in the year (2021).
"Our combined efforts with Ultium Cells will be instrumental in redirecting battery manufacturing scrap from landfills and returning a substantial amount of valuable battery-grade materials back into the battery supply chain. This partnership is a critical step forward in advancing our proven lithium-ion resource recovery technology as a more sustainable alternative to mining, " said Ajay Kochhar, President, CEO and co-founder of Li-Cycle.
"GM's zero-waste initiative aims to divert more than 90% of its manufacturing waste from landfills and incineration globally by 2025. Now, we're going to work closely with Ultium Cells and Li-Cycle to help the industry get even better use out of the materials,” added Ken Morris, Vice President of Electric and Autonomous Vehicles, GM.
Since 2013, GM has recycled or reused 100% of the battery packs it has received from customers, with most current GM EVs repaired with refurbished packs.
"We strive to make more with less waste and energy expended. This is a crucial step in improving the sustainability of our components and manufacturing processes,” concluded Thomas Gallagher, Chief Operating Officer, Ultium Cells LLC.