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Goin’ Green! Lithium Prices UP 761% Since Biden Elected, Making Electric Cars Even MORE Unaffordable (Defense Production Act For Critical Materials)
Confounded Interest ^ | 04/01/2022 | Anthony B. Sanders

Posted on 04/01/2022 9:38:09 AM PDT by Browns Ultra Fan

You can always count on government to make things more expensive when they claim they want to help make things more affordable.

For example, President Biden and his green commandos are helping drive critical electric battery component LITHIUM through the roof!

Lithium hydroxide futures prices are through the roof making already expensive electric cars even MORE expensive. So much for making electric cars affordable!

Of course, The Federal government will now have to subsidize GM and Ford and increase Federal tax credits to encourage consumers to purchase outrageously expensive electric cars.

Thanks Joe for issuing your enactment of the Defense Production Act, helping to drive prices insane.

In fairness to Biden and his green commandos like AOC and Bernie Sanders (no relation to me), other nations are going electric car crazy, bidding for a scare resource like lithium. Particularly when there is an abundance of oil in the ground.

I wonder how about members of Congress and the Biden Administration bought lithium ahead of Biden declaring the Defense Production Act to encourage electric car battery production?

(Excerpt) Read more at confoundedinterest.net ...


TOPICS: Business/Economy; Government; Politics
KEYWORDS: automotive; biden; bideneffect; electriccars; green; lithium; mining
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Rest assure that Biden told his friends and Congress to buy lithium before he issued his executive orders. The Big Guy strikes again!
1 posted on 04/01/2022 9:38:09 AM PDT by Browns Ultra Fan
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To: Browns Ultra Fan

The Dims who demand we all get more dependent on rare earths will be the same Dims who’ll to their best to prevent us from mining and processing rare earths in the U.S.


2 posted on 04/01/2022 9:40:24 AM PDT by Tell It Right (1st Thessalonians 5:21 -- Put everything to the test, hold fast to that which is true.)
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To: Browns Ultra Fan

Good thing we have access to all the Lithium deposits in Afghanistan....................


3 posted on 04/01/2022 9:41:40 AM PDT by janetjanet998 (ev)
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To: Browns Ultra Fan

Electric cars have been around since 1903 ad they still haven’t taken off hydrogen cars a out pacing them cheaper zero emissions except water and good for long drives.


4 posted on 04/01/2022 9:44:49 AM PDT by Vaduz ( )
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To: Browns Ultra Fan

People also complaining to Elon Musk how “suddenly” expensive it is to charge their Teslas. Elon said he will “look into it.” LOL!


5 posted on 04/01/2022 9:48:24 AM PDT by montag813
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To: Browns Ultra Fan

Yep. All one needs to do is find out what companies or industries members of the government have invested money in or were gifted stock in and that is the ones that will get favored treatment over the next few decades,


6 posted on 04/01/2022 9:51:21 AM PDT by Tupelo (“Don't underestimate Joe's ability to f*ck things up” (Barack Obama))
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To: Browns Ultra Fan

Why the DPA invocation?

Is there a shortage of EV batteries nobody’s mentioned before?


7 posted on 04/01/2022 10:00:02 AM PDT by DuncanWaring (The Lord uses the good ones; the bad ones use the Lord.)
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To: Browns Ultra Fan

Under Sleepy Joe, the price of virtually everything has skyrocketed.
It’s the Democratic Party way.


8 posted on 04/01/2022 10:02:27 AM PDT by SmokingJoe
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To: Browns Ultra Fan

Our friggen idiot Governor Inslee signed into law that in 2030 all new cars sold in Washington State MUST be EVs. This in a state they are considering knocking down more hydroelectric dams for the salmon runs. Western State is a suitable place for these loonies.


9 posted on 04/01/2022 10:03:14 AM PDT by jonrick46 (Leftnicks chase illusions of motherships at the end of the pier.))
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To: Browns Ultra Fan

What part of Deep States don’t want you driving do folks not get?!


10 posted on 04/01/2022 10:04:06 AM PDT by mewzilla (We need to repeal RCV wherever it's in use and go back to dumb voting machines.)
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To: jonrick46

I read about Inslee signing that. What an imbecile.


11 posted on 04/01/2022 10:05:14 AM PDT by cyclotic (I won't give up my FREEDOM for your FEAR. Oh Canada, we stand on guard for thee.)
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To: Browns Ultra Fan

https://www.efuel-alliance.eu/efuels

Well we know this works, the Germans came up with this process during WWII to make fuel from coal. With carbon dioxide capture and water electrolysis you can do the same.

What is needed is a LOT of electricity.

Geothermal energy from Iceland or the Aleutian Islands could be used to make the fuel, although shipping could be difficult at times. Hawaii could also be a good place to make the fuel.

Maybe someday we will have fusion reactors.


12 posted on 04/01/2022 10:05:28 AM PDT by packagingguy
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To: Browns Ultra Fan

Ok

Which of the watermelons bought stock , just curious.

.


13 posted on 04/01/2022 10:12:35 AM PDT by cuz1961 (USCGR Veteran )
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To: Browns Ultra Fan

“Video: Corvette Revving Biden Tells Struggling Americans They Should Buy $55,000 Electric Vehicles”

“When he’s not doing a lot driving himself, Biden is driven around in a huge motorcade consisting of 244-horsepower gas guzzling SUVs, including his own personal car that he calls “the Beast”.”

https://www.infowars.com/posts/video-corvette-revving-biden-tells-struggling-americans-they-should-buy-55000-electric-vehicles/


14 posted on 04/01/2022 10:18:38 AM PDT by Bob434
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To: Taxman

Ping


15 posted on 04/01/2022 10:20:06 AM PDT by Taxman (SAVE AMERICA!)
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To: Vaduz

The first electric car in the United States was developed in 1890–91 by William Morrison of Des Moines, Iowa; the vehicle was a six-passenger wagon capable of reaching a speed of 23 kilometres per hour (14 mph).


16 posted on 04/01/2022 10:59:41 AM PDT by carriage_hill (A society grows great when old men plant trees, in whose shade they know they will never sit.)
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To: Browns Ultra Fan

Why I invested in Lithium Copper and Uranium stocks.


17 posted on 04/01/2022 11:00:16 AM PDT by Kozak (The tree of liberty must be refreshed from time to time with the blood of patriots and tyrants. TV)
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To: jonrick46

“Governor Inslee signed into law that in 2030 all new cars sold in Washington State MUST be EVs”

Crazy! I hope the EV factories being built can easily be converted into old fashioned gas powered ones.


18 posted on 04/01/2022 11:00:52 AM PDT by cymbeline
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To: Browns Ultra Fan

Lithium isn’t exactly green.


19 posted on 04/01/2022 12:04:04 PM PDT by Leep (Freedom: "What's the big deal" -joe biden)
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To: Browns Ultra Fan

Building Toxic 900lb batteries for a green future ,LOL


20 posted on 04/01/2022 12:54:27 PM PDT by butlerweave
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