SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?


To: Wharf Rat who wrote (398833)2/7/2019 12:57:14 PM
From: Alex MG  Read Replies (1) | Respond to of 541078
 
Obviously nothing is written in stone... we can have a debate about a new deal that creates jobs and benefits the environment and provided by taxing the obscene wealth... it's the right path



To: Wharf Rat who wrote (398833)2/7/2019 1:27:33 PM
From: Graystone  Read Replies (1) | Respond to of 541078
 
Needed
or
Ignored

Ignoring consequences doesn't mitigate the damage in any way. A clear case can be made for fixing the vulnerability of the current power grid to possible CME damage by spending the billions (maybe trillions) needed to fix it. For Canadians and Americans it is a single power grid, the damage from the 98 ice-storm was huge but in a quite a few months things did return to service for almost everyone. What if we suffered a truly catastrophic failure of that system?

Only by thinking about the general good now could we obtain a chance to avoid a blow that would paralyze all. Instead, PGE is going bankrupt. I wonder if people in California will move out and leave the landlord (themselves) holding the bag for the power bill?




To: Wharf Rat who wrote (398833)11/8/2019 8:15:28 PM
From: Wharf Rat  Read Replies (2) | Respond to of 541078
 
"Have you thought about the logistics of building batteries for 260 M electric vehicles in 10 years?
What about replacing 80% of the electrical system that took us 140 years to build?
What about doing both at the same time in competition with the rest of the world for the required raw materials?"

Dispatches from the front lines of the War on Carbon...

Bolivia scraps joint lithium project with German company
The Bolivian government has issued a decree overturning a massive joint lithium project with southern German firm ACISA. The project is considered vital for the German auto industry's plans to develop electric batteries.



The Bolivian government has cancelled a joint partnership with Germany's privately owned ACI Systems Alemania (ACISA) to develop a massive lithium project.

Residents in the city of Potosi, where the joint venture had planned to build a factory for electric vehicle batteries and a lithium hydroxide plant, have been protesting since early October against the project. Organized by the Potosi Civic Committee, protesters say the project would not benefit local communities.

Potosi Department Governor Carlos Cejas said Sunday he had received a decree from the government of President Evo Morales to overturn a previous decree permitting the project, Bolivian state news agency ABI reported.

ACISA did not immediately comment on the news.

No reason was provided for the decision, but Cejas accused "agitators" from inside and outside the state of undermining development in the region.

It comes as Morales is facing deadly unrest and calls for a new election after he was named winner of the October 20 election for a fourth term. Ahead of the election, Morales had blamed the opposition for organizing the protests against the lithium project to undermine his government.

Blow to Germany's electric battery industry

The Uyuni salt flat in Potosi state is believed to have one of the world's largest deposits of lithium, a key raw material for battery cell production.

Demand for battery metals such as cobalt, nickel and lithium is soaring as the German auto industry scrambles to build more electric cars and cut greenhouse gas emissions.

Read more: Germany hopes to mine lithium, the white gold of e-mobility

The joint venture between Bolivian state company YLB and ACISA aimed to produce up to 40,000 tons of lithium hydroxide per year over a period of 70 years, beginning in 2022.

More than 80% of the lithium was to be exported to Germany, Wolfgang Schmutz, CEO of ACI Group, the parent company of ACISA, said last December.

German Economy Minister Peter Altmaier has urged German industries to secure raw materials for electric batteries to reduce dependence on Asian suppliers.

Morales has sought to avoid lithium being exported only as a raw material, and Germany's willingness to build production facilities in the country helped it secure the joint venture over seven rivals from Canada, Russia and China.

The Bolivian government has argued lithium projects will bring jobs to a poor region of the Andean country.

dw.com