I hate EV's....really hate them

 

I hate electric vehicles  ....especially the tesla .....all these tree hugger  ...think its the answer to global.....cleanliness ......it's not  ...its  a   process where  children are used in mining lithium in africa  .....so there  you go  its   minied by poor  africans  .....no  you say !!!!!!yes it is  ......it's on the net  ......its all there  ......... where  do you think elon gets his lithium .......... from a lithium store   .....not  fucking likely !!!!!!!!!....its mined  ....simple   .......go search look ! ....he don't  care  as   long as his  fruity fucking car  gets a  battery .......it's business  .......nothing personal......... as these guys will tell you ........

'We don’t have enough' lithium globally to meet EV targets, mining CEO says

·Anchor/Reporter

Climate provisions in the Inflation Reduction Act put the U.S. back on track toward significant emissions reductions, potentially reducing greenhouse gas output by 40% of 2005 levels.

But one miner warned that when it comes to the transportation sector, domestic resources for lithium, the most critical mineral used for electric vehicle production, may not be sufficient enough to meet some of the most ambitious targets. The Biden administration, for instance, aims to slash the sale of gas-powered vehicles to 50% of all new purchases by 2030.

“Yes, we’ll [eventually] have enough, but not by that time,” Keith Phillips, CEO of Piedmont Lithium (PLL), said in an interview with Yahoo Finance Live (video above). “There’s going to be a real crunch to get the material. We don’t have enough in the world to turn that much [lithium] production in the world by 2035.”

A parking spot reserved for electric vehicles is seen in the parking lot of a metro station in Norwalk, Calif., Monday, Aug. 29, 2022. Discounted prices, car-share programs, and a robust network of public charging stations are among the ways California will try to make electric vehicles affordable and convenient for people of all income levels as it phases out the sale of new gas cars by 2035. Advocates for the policy say the switch from gas- to battery-powered cars is a necessary step to reducing pollution in disadvantaged neighborhoods, but that the state make sure those residents can access the cars, too.(AP Photo/Jae C. Hong)
A parking spot reserved for electric vehicles is seen in the parking lot of a metro station in Norwalk, Calif., Monday, Aug. 29, 2022. (AP Photo/Jae C. Hong)

With the average electric car battery requiring roughly 8-10kg of the metal, lithium remains a crucial material in the transition to emission-free vehicles. Growing demand has caused the price of lithium carbonate to nearly double this year alone, and the IEA projects demand to grow by 40 times in the next two decades, with a majority of that supply coming from outside of the U.S.

That has complicated climate targets set by the Biden administration. The president has called for half of all new vehicles sold by 2030 to be electric, setting aside billions of dollars in the Inflation Reduction Act (IRA) to incentivize drivers to make the shift.

But those same tax credits come with requirements calling for parts and components to be largely sourced in North America, leading some EV makers to push back against the goals on the grounds that they are not realistic.

Piedmont Lithium is looking to cash in on the demand, as one of only a handful of U.S.-based lithium miners. On Thursday, the mining company announced plans to open a lithium processing operation in Tennessee, with construction set to begin in 2023.





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