The usage of renewable energy is projected to increase over the next two decades. In the left chart, renewables (green) is forecast to grow from less than 10% of the share of primary energy to over 40%. Other non-fossil fuels are set to rise as well. However, BP estimates that oil, coal, and gas will all decline.
That being said, in order to achieve widespread renewable energy capabilities, we will need the appropriate raw materials. On the right-hand side, we show the share of global commodities mining production by region, with an additional break-out for the U.S. and China. As you can see, apart for a 15% share of rare earths production, the U.S. is heavily reliant on foreign production capabilities for zinc, nickel, lithium, copper and cobalt.