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Your daily horoscope: December 5, 2024

  HOROSCOPES IF TODAY IS YOUR BIRTHDAY Friends and colleagues will look to you for guidance this year and you must be ready and willing to give it to them. You may not think of yourself as a leader or a guru but others can sense you know things that they do not – and they’re right. ARIES (March 21 - April 20): Start off slow today and allow events to carry you along at their own natural speed. As the first sign of he zodiac you have a tendency to want to be ahead of everyone else but sometimes, as now, it makes sense to pace yourself. TAURUS (April 21 - May 21): There is a lot going on behind the scenes at the moment but there is no reason to believe that any of it will be bad for you. The message of the stars is to stay sharp but not to the extent that you are constantly on edge. GEMINI (May 22 - June 21): It may be hard to decide what you should be doing while Mercury is moving through its retrograde phase but why do you feel you have to make that decision? Cosmic activity in you...
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Canada Tops Global Battery Supply Chain Ranking, China Falls to Second Place

 

Canada has claimed the first place in BloombergNEF’s global lithium-ion battery supply chain ranking for 2024, surpassing China, which had dominated the annual analysis for the past three years. The United States ranked third this year.

The ranking measures the potential of 30 countries to build a secure, reliable and sustainable battery supply chain for electric vehicles, based on 46 metrics in five categories: raw materials, battery manufacturing, downstream demand, environmental and social governance, and industry, infrastructure and innovation.

Canada’s rise to the top spot is attributed to its abundant raw material resources, strong integration with the U.S. automotive sector, clear policy commitments, and high environmental and social standards. Canada is also a beneficiary of the U.S. Inflation Reduction Act, which aims to boost domestic battery production and reduce reliance on foreign suppliers.

China, on the other hand, fell to second place due to its lower scores on environmental and social governance, as well as increased competition from other countries in battery manufacturing and downstream demand. China still leads the world in terms of battery output, but faces challenges in securing raw materials and meeting stricter emission standards.

The BloombergNEF report highlights the importance of developing a robust and resilient battery supply chain, as the demand for electric vehicles is expected to grow rapidly in the coming years. Canada’s leadership in this field positions it well for the transition to a low-carbon economy.

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