OTCQX:NTTHF - Post by User
Comment by
neoscepticon Sep 14, 2021 8:23am
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Post# 33853917
RE:RE:Surge in electric vehicle sales power lithium prices
RE:RE:Surge in electric vehicle sales power lithium pricesRuudinFrance wrote: The higher the sales (EV), the larger the risk for grid failures :-)
Unhappy EV owners will decrease speed of sales.
Most forecasts will not be met.
However, governments should be kept happy until "force majeur" may be claimed.
Nothing is ready for the suggested rollout of EV numbers.
Most likely they will find out too late and we'll have cashed the largest part :-)
Not pessimistic, only the optimism in the (western-) world is unreal.
Have fun.
Bitcoin only one of many, though major cryptocurrency consumes 0.6% of world electricity adding next to nothing to economy. That is 130 Terawatts hours.
Maybe we should question such wastes before shutting down EV revolution.
https://techcrunch.com/2021/03/21/the-debate-about-cryptocurrency-and-energy-consumption/