The notion of “peak lithium” will eventually have been shown to be as wrong-headed as every other claim of depleted resources. The reason — technological change, substitution, and other adaptive measures. The only way we will suffer from “peak lithium, will be if government decides to “do something about it”. Government interference would ensure a crisis, just as every other central-planning “solution” throughout history has done.
Substitution, and alternative technologies are particularly likely in the case of stationary applications — such as storage for a smart grid. Just let the marketplace, and the price system work their wonders.
I’m more worried about Peak Valium.
Imagine if there were a shortage!
http://news.stanford.edu/news/2012/june/ultrafast-edison-battery-062612.html ~ NICKEL IRON BATTERY ~ NEW FASTS CHEAPER BETTER WAY TO GO
http://news.stanford.edu/news/2012/june/ultrafast-edison-battery-062612.html ~ NICKEL IRON BATTERY ~ NEW FASTS CHEAPER BETTER WAY TO GO
Well, it was left to the marketplace... and the market discovered and created lithium batteries, which are a highly effective form of energy storage.
And your pleas about “leave it to the market” are ignoring that fact.
The market worked. The market spoke. And we need lithium to do what the market found out.
Yes, there might be a better solution. But it might take years to discover and bring online some new technology.
Maybe so, but if I'm the guy who's got to let his electric car sit idle for a few years while the new tech comes online, I'm *NOT* going to be a happy camper! :O