Enbridge Inc T.ENB

White Oil

[retiredengexec]

As I posted earlier, 8 million EVs per year will consume the same quantity as current lithium production. 8 million Evs represents 11 percent of current auto sales worlwide. In a report for the Ontario electrical operator, wind power had a load factor of 20 percent. Solar was even worse at 15 percent. The only reason wind and solar are viable today is that they are backstopped by other sources like Natgas. Britain recently had to cut back use due to calm winds. I believe they have 33 percent of power generated by wind. My point is renewables will need a huge amount of battery back up once other fuels are eliminated. This will require huge amounts of lithium and cobalt. I'll work on this in a later post. Bottomline, raw materials will limit renewable and EV growth.

[Fantome]

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[FreeAtFiddy]

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[youknowwhat]

There is more graphite in a LI battery then LI.

[Fantome]

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[Marner16]

China is the proverbial elephant in the room when it comes to so many things, including that fact that they are by far and away the largest contributors to GHG with more than 28% of the world total.  As China rapidly builds towards world domination of pretty much everything, I can only hope that they realize that they are killing off the planet that supports them.  If it takes China

[retiredengexec]

Maybe this is my former military paranoid, but dont you get the feeling that China is way ahead of the OECD in strategic planning, ie control of rare earth minerals. I hate to say it but Trump was right in intent but probably not sneaky enough. The US I believe has policies in place for obtaining strategic resources. Canadas advantages are water, arable land, Uranium, potash ( India and China need

[retiredengexec]

Damn spell check. We are punching well below our weight.

[Chad123]

Very well said.  They cant see past thier noses because they want the votes for the next election in order to stay in power. Anothing thing to understand is they are puppets and their strings are being held by something bigger than what they will ever be. Sad to see this country going down the drain.