Posted on 05/15/2021 6:09:15 AM PDT by Kaslin
A conservative estimate of the cost of a transition to “clean energy” is $1.7 trillion needed for mining of copper, cobalt, lithium and other rare earth and exotic metals and minerals. This transition will supposedly fuel electric vehicles (EVs) being cheaper than gasoline and diesel vehicles by 2027, and electric SUVs cheaper by 2026, according to BloombergNEF. Additionally, the International Energy Agency (IEA) in a new report found renewable installations for energy to electricity “soared to 280 GW globally in 2020, up 45% from 2019,” with “renewables (solar and wind) accounting for 90% of global electric capacity installations in 2021 and 2022.”
These are major reasons why the Biden administration is set to approve the first large-scale offshore wind farm, “an 800-megawatt project off the coast of Massachusetts.” Unknown to the U.S. President, this wind farm installation will lead to wrecking a beautiful coastline over enormous land and ocean/sea requirements for renewables, and increased emissions since renewables have to be backstopped by fossil fuels or zero-carbon nuclear when the sun doesn’t shine and the wind doesn’t blow.
President Biden wants to cut greenhouse gas emissions by at least 50% before 2030 without giving a detailed plan on a transition from fossil fuels and nuclear that will be incomprehensibly expensive and technologically impossible. Furthermore, renewables used for baseload electricity needs have led to grid blackouts in Texas, California, Germany, and Australia.
Obviously, tens of millions of tons of mining for rare earth and exotic minerals are required for this low-to-zero carbon future. For now, renewables, EVs, and utility-scale storage overwhelmingly rely on China for rare earth/exotic minerals needed for solar panels, wind turbines, and battery storage systems to work as advertised.
(Excerpt) Read more at americanthinker.com ...
As usual,the heavy thinkers have this all figured out for renewables, regardless of what the facts are.
Nope, uncle Joe is moving to shut down mining.
It depends if China, our overseers, gives us permission. They are the world superpower now and control every aspect of important products that are vital for our economy and existence. Don’t believe me go to any store look at the label and everything is made in China. It’s rare when you find products made in the US. I always try to avoid buying their products but sometimes it’s impossible. Our government has betrayed the American people.... they sold us out they sold out our children and they sold out our grandchildren’s future. America no longer? 😞
I will take decades to get the EPA to approve new mines because of the “environmental” issues.
And I for one think the EPA should not miss a single step along the way. Ha ha
Yes, If the market wills the mining and it is profitable
Old saying from my day, "If you turned Hell upside down you could read 'Made in China'"
FYI: Electric cars use 7 times more copper than do gasoline cars.
If we are forced to buy trillions of dollars worth of metals and rare earths from filthy Chinese operated mines and refineries, how much is The Big Guy’s 10% cut?
This is something to think about and investigate. I don't know the barriers government pose to mining and I don't know what stops the free market to expanding this type of mining in the US and now in PA. Does China use slave or close to slave labor so competition is not possible? I don't know. Are tariffs required? Does it even make a difference when we don't have the manufacturing of products that use rare earths?
I guess I should start reading some geology reports. I've run across them when researching shale formations, so they are easy to obtain.
“I guess I should start reading some geology reports. I’ve run across them when researching shale formations, so they are easy to obtain.”
Yes, you should. It looks like we are entering a supercycle for commodities in general.
we have lithium in maine. Big recent discovery of what may be the richest deposit in the world.
“mining of copper, cobalt, lithium and other rare earth and exotic metals”
Does copper now somehow count as a rare and exotic metal?
Who thinks the environmentalists who are fighting climate change will switch and not oppose mining? Their solution to climate change is too use less, no carbon based fuels, no meats, no mining, no suburban homes, etc.
I wonder what company deals with Argentina for the ion (Litium) deposits down in patagonuan salt flats?
The Gov’t is not allowing an adventure, they want total control of the order.
Massive deposit.
Nope, uncle Joe is moving to shut down mining.
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If he does not, then his environmental allies will do it, and any other thing they can do to make unreliable, expensive, waste of resources as common as possible.
We had copper in Michigan and Wisconsin. But that’s played out. I wonder if modern extraction techniques would make it feasible to mine there again.
CC
Joe Biden “Not on my watch”.
SOLAR PANELS FARMS are popping up next to residential areas all over the country, bring down the property values of those who have lived there 30 years +. They also make noise in the daytime causing sound pollution.
How and where are they going to dispose of spent panels? AND what about the BIRD POPULATION? Has a study been done on that in small town America?
Nope, uncle Joe is moving to shut down mining.
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The US had a company in California Nevada somewhere mining rare earths years ago, ( I owned stock) BUT is was forced to close by the rancid Nobama administration years ago. Never heard what became of it.
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