The Renewable Revolution Has A Lithium Problem
China has a lead in rare earths over any other country because they have been willing to waste their own environment for the sake of profits so far. Apply even modest environmental conditions on China and the price would immediately rise. The whole renewable and battery business rests on the assumption that it does not matter if China becomes a wasteland as long as we can ride our overpriced toy cars. Thats green …
As the global middle class rapidly expands, so too does the worldwide demand for energy and its subsequent carbon footprint.