International Energy Agency report shows that green energy transition is a fantasy because of dependence on key rare minerals which require more energy to be mined

A prestigious intergovernmental organization created by the world’s advanced economies is pointing out the bottleneck in the plans to substitute so-called green energy for hydrocarbon-based energy: the availability of key minerals necessary for battery storage, wind farms, solar panels, and other gizmos necessary for the switchover. Simply put: the world can’t provide the quantity of those minerals that would be necessary, and the environmental and social impact of trying to mine them in sufficient quantities would be devastating.

The cure, in other words, is worse than the disease.

You can download the 287-page report here.

The International Energy Agency is an intergovernmental organization founded by the OECD [Organization for Economic Co-operation and Development] in the wake of the 1973 oil crisis to provide information and policy suggestions to help the advanced economies cope with energy needs. It currently is focused on the green energy transition so desired by many of the world’s most powerful special interests.

The report on minerals is part of a larger project on the green energy transition. Mark P. Mills cites some of its most important findings in the Wall Street Journal.

The IEA assembled a large body of data about a central, and until now largely ignored, aspect of the energy transition: It requires mining industries and infrastructure that don’t exist. Wind, solar and battery technologies are built from an array of “energy transition minerals,” or ETMs, that must be mined and processed. The IEA finds that with a global energy transition like the one President Biden envisions, demand for key minerals such as lithium, graphite, nickel and rare-earth metals would explode, rising by 4,200%, 2,500%, 1,900% and 700%, respectively, by 2040.

Toyota’s Chief Says Electric Vehicles Are Overhyped.

Akio Toyoda says converting entirely to EVs could cost hundreds of billions of dollars and make cars unaffordable for average people

[EXCERPT]

Toyota President Akio Toyoda said Japan would run out of electricity in the summer if all cars were running on electric power. The infrastructure needed to support a fleet consisting entirely of EVs would cost Japan between ¥14 trillion and ¥37 trillion, the equivalent of $135 billion to $358 billion, he said.

“When politicians are out there saying, ‘Let’s get rid of all cars using gasoline,’ do they understand this?” Mr. Toyoda said at a news conference in his capacity as chairman of the Japan Automobile Manufacturers Association.

Years ago, I was on facebook and a high school acquaintance re-established contact. When he posted far leftist claptrap about the glories of solar power, I politely suggested solar power won’t get a jet of the ground. But I said there is hope that the future will see a rise of new ways to harness natural energies and things will get cleaner and efficient. For now, it is fossil fuels.
He became so violent in his attack on me that I had to unfriend him. These people are without reason totally unhinged.

The Chinese have been cornering that market since 2008... It’s why they took an interest in Africa.

The Chinese can’t build a decent culture - but they’re not stupid... I doubt we could catch up at this point... plus there’s always opportunist bimbos like Hillary who sold rights to our Uranium to Russia...

Democrats will always sell out their country if given a chance. Maybe Biden can assign this task to Hunter...

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Toyota’s Chief Says Electric Vehicles Are Overhyped. Akio Toyoda says converting entirely to EVs could cost hundreds of billions of dollars and make cars unaffordable for average people

Toyota’s Chief Says Electric Vehicles Are Overhyped.

Akio Toyoda says converting entirely to EVs could cost hundreds of billions of dollars and make cars unaffordable for average people