ajtj's Post-Lobotomy Market Charts and Thoughts Message Board

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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts

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To: robert b furman who wrote (30870)	7/17/2021 12:54:09 PM
From: Lee Lichterman III	1 Recommendation Recommended By robert b furman Read Replies (2) of 97410

I will add to your argument that we would have to mine 10-20 times the existing output of lithium, copper, nickel and rare earth minerals to be able to reach the targets for EVs matching existing ICE car sales. I saw an article a couple days ago talking about this and even if we could find that much, then ramp up the mines to go get it, the environmental damage in doing so would be mind-blowing. So much for being green. Lastly, you have to figure out how to dispose of the old batteries. The pundits talk about recycling but after decades of trying to recycle regular waste, we still dump most of it in landfills because it just isn't economical. Of course the answer is artificially jack up the costs to force the issue but that just hurts everyone and opens the door for more bureaucracy, corruption and waste. They just raised our fuel tax here in Missouri. Another step in raising the cost of owning an ICE vehicle. Just keep raising the cost of oil, gas taxes etc until EVs look competitive. Meanwhile, no one has answered how the roads will be funded when the gas taxes are gone.

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