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Aug 2Liked by Thomas J Shepstone

See also briefing note 21-11 from the Energy Realists of Australia, especially the amount of electricity and the minerals required to reach the targets that have been set worldwide!

https://www.flickerpower.com/index.php/search/categories/renewables/21-11-the-downside-of-electric-vehicles

The International Energy Agency calculated that the needs for “energy transition minerals” such as lithium, graphite, nickel and rare-earth metal would rise by 4,200%, 2,500%, 1,900% and 700%, respectively, by 2040. Refer The Role Of Critical Minerals in Clean Enery Transitions

In cautious and bureaucratic language the report noted that the world doesn’t have the capacity to meet such demand and there are no plans to fund and build the necessary mines and refineries.

The agency received a lot of publicity for their recommendation about putting a stop to coal and gas projects but there has been less attention to their 287-page report on The Role of Critical Minerals in Clean Energy Transitions.

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