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Originally Posted by GGG
We don’t really care about that though for anything else we purchase so why care about cobalt. This type of problem is also relatively easy to solve with regulation when people choose to care. Also price and demand increase will drive exploration for materials.
Lithium for example can be found in brackish water in Alberta.
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I don’t think that’s “easy to solve with regulations” at all. How do you regulate the mining in Africa if you’re the Canadian government? And yeah, there’s lithium in Alberta, but it’s extremely expensive compared to other sources around the globe, at this point.
I just think a lot of this “zero emissions” for certain things is like the “fat-free” labeling we’ve seen. Sure, the electric scooter or car has zero emissions while your using it, and that’s good. But it’s not actually carbon free because the production is more carbon intensive than other vehicles, and of course the energy is generated somehow. Plenty of foods that are fat-free are actually fat-free. Sure they’re loaded with sugar or whatever, and that gets changed to fat when you don’t burn it off, but the cake itself is fat-free!
Even a lot of the “renewable” energy plays out there are largely natural gas. It’s good marketing, and makes people feel better. And yeah, natural gas is better than coal. But it’s not actually a renewable energy source. Unless we’re on the “it only takes 65 million years to renew the oil reserves” train of thought now?