Posted on 07/26/2021 6:00:19 AM PDT by Brookhaven
And then there’s the issue of those pesky car batteries. While you can cut down your carbon footprint by a massive margin by switching over to an EV, you just can’t get away from using finite resources completely. EV batteries contain a litany of expensive and finite rare earth metals and minerals, most notably cobalt and lithium, which cause tricky negotiations with global supply chains and which are not without their negative environmental externalities thanks to sometimes messy mining operations.
The energy revolution’s dependence on rare earth metals, which is only set to intensify, has inadvertently put a huge amount of control into the hands of China, which controls around 90% of the market for some of these resources, and has shown that it is not afraid to use that power to sway international politics and diplomacy. In fact, it has been posited that China’s dominance of these supply chains, and other countries’ reticence of that dominance, could potentially lead to a new clean energy resource war if world powers don’t tread lightly.
And now, according to a new Bank of America Global Research report, the global EV battery supply is in danger of running out completely as soon as 2025. “Our updated EV battery supply-demand model suggests the global EV battery supply will likely hit a ‘sold-out’ situation between 2025-26, with its global operating rates reaching above 85%,” the report reads ominously. The supply shortage will be largely a product of rapidly increasing demand in a market that is simply unprepared for the levels of EV adoption coming down the pike in the immediate term.
(Excerpt) Read more at oilprice.com ...
You mean run out of batteries that cost $10,000.00.
Peak Batteries?
The USA has the materials for these batteries. The problem is prohibitions on mining the ores. The environmentalists want the electric vehicles but are unwilling to allow their manufacture from domestic sources.
...if you have magically-generated electricity.
LOL OH NOES!!
One of the more ignorant journalists on the planet. Take a gander at the Periodic Table. At the beginning you see Hydrogen, then Helium and quick, tell me what #3 is. Yup, Lithium
Lithium is not uncommon. Just difficult to mine using evaporative ponds. The entire industry is being disrupted, and those who do some due diligence can proposer from this disruption.
Are you saying rare earths aren’t rare? :)
They’ll just have to send Third World children deeper into the mines to get the materials out. It’s worth it to those who desire to virtue whine to others about how they’re saving Mother Earth by driving an electric car that gets recharged with energy from nuclear and coal-powered plants.
As long as I can still get AAs the world will go on.
How many ways can you make diesel or gasoline? Now, how many ways can you make electricity? Let’s see, geothermal, nuclear, hydroelectric, coal fired, solar, wind, waves and tidal, chemical, waterfalls, steam driven, methane, hydrogen cells.
How many moving parts in your car and transmission? How many are critical, in that if one fails you come to a stop?
A tri-motor car has less than 50 moving parts total. No oil changes. If a motor should fail (expected 250k miles plus) you have 2 back up motors
Everybody who went before you was stoopid.
You know everything because you is smart.
“How many moving parts in your car and transmission? How many are critical, in that if one fails you come to a stop?”
Dumb analogy. Electric cars have many single points of failure.
“How many ways can you make diesel or gasoline?”
Many ways. You seem to be ignorant of that, but the rest of us aren’t.
“A tri-motor car has less than 50 moving parts total.”
Moving parts are not the only parts that fil, Sunshine. Fuses, circuit breakers, wires, solder joints, etc., all can fail in electric cars and do.
“No oil changes.”
Not exactly a component that keeps cars from operating. Oil changes might baffle you, but the rest of us can do them without a problem.
>>As long as I can still get AAs the world will go on.
It’s gonna cost you, though.
Can’t go to Radio Shack anymore and get your free battery every month. #BatteryOfTheMonthClub
“Take a gander at the Periodic Table. At the beginning you see Hydrogen, then Helium and quick, tell me what #3 is”
Um, maybe you should take a chemistry course before making the conclusion that position in the table means abundance.
“How many moving parts in your car and transmission? How many are critical, in that if one fails you come to a stop?”
Billions of cars work everyday, contrary to your childish thoughts that they should all be failing right now.
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