The unstoppable rise of batteries is leading to a domino effect that puts half of global fossil fuel demand at risk::The unstoppable rise of batteries is leading to a domino effect that puts half of global fossil fuel demand at risk.
Thats a weird way to frame it.
The rise of vaccines puts viruses at risk.
As soon as I read the title I thought “did fossil fuel barons write the title because who would phrase it that way?”
I read the title and thought “Good, but can we do more?”
Won’t someone please think of the fossils.
Oh won’t sinecure think of the oil barrons!
Wait, what’s that? They’re shifting their focus to plastics and the life that recycling works even though nobody wants to pay to make it work?
Well shit.
The fossil fuel industry is dying
Upvote to make it die faster
Upvote to make it die faster
goddamn if that were only what it took…
So invest in batteries tech dumbfuck oil robbers
Oohoho I have so many old batteries at home I was gonna take to recycling. Fuck that, I’m gonna be rich!!
Oh no! …. Anyways.
So what’s some good battery stock?
This chart is pretty shocking, and makes IEA look like idiots. Or maybe it’s malice? The IEA’s founding purpose was to protect the Oil industry. Supposedly they now also work to “promote clean energy transitions”… but if that’s their goal they don’t seem to be doing a very good job.
My favorite is the IEA forecast for Solar adoption
Good.
Eh…
Batteries take “rare earth metals” like cobalt.
https://www.abc.net.au/news/2022-02-24/cobalt-mining-in-the-congo-green-energy/100802588
There’s an environmental cost, and a huge cost on a personal level to the people who mine it.
It’s like if your house is burning down, but then a flood comes and puts out the fire.
Sure, the fire is out, but now your house is underwater. We’re just switching one problem for another, not really solving anything
Edit:
Not sure why so many people think this comment is pro fossil fuels…
But I’m not going to repeatedly explain the very basic concept that with two bad things, one is sometimes less bad.
I really really thought people would already know that…
Batteries take “rare earth metals” like cobalt.
Some Lithium-Ion batteries use Cobalt, but many don’t. Lithium-Iron-Phosphate, for example, is a popular variant without any Cobalt. There is a push going on to move to battery chemistries without Cobalt or to reduce the actual amount of Cobalt where it is still required.
Lithium production does still take an insane amount of water to produce
Wait until you hear about the oil refining process!
My car meme groups keep recirculating a shitty gotcha anti-EV screenshot of a post listing out how many tons of rock get processed for the minerals, the gallon-per-hour rate of the mining trucks, generators, transportation, blah blah blah as if petroleum just naturally drips put of weeds and into their gas tanks. But I guess if you dilute into the ocean and atmosphere, it doesn’t really count because you can’t see it.
Current Li-ion batteries have numerous issues, but fortunately there are several alternatives too. Bringing a new battery chemistry to production scale hasn’t been easy, but we’re taking small steps like that every year.
We may still need lithium, nickel or manganese in the near future, but the demand for cobalt (per cell) has been decreasing gradually. Who knows which alternative ends up dominating the market after a few decades
Eventually I hope we end up with sodium batteries.
But that’s probably a long way off still
Funny how people are overly concerned about cobalt in EV batteries but never cellphone batteries.
I said cobalt was an issue…
Not just cobalt for EVs, even tho I shouldn’t need to explain that bigger batteries take more cobalt…
Things might seem “funny” to you because you’re not understanding what they’re saying mate.
If you’re nicer about being confused, people may be more willing to take time to help you. But this is the most help I’m giving considering what you said.
Funny how people are overly concerned about gotcha games online rather than considering what the poster is trying to highlight or say.
Almost like I’m pointing out that they don’t actually give a shit about cobalt.
Is there an environmental cost with fossil fuels?