Idiot analysis

Unfortunately, EVs are careering towards a giant pothole — there isn’t nearly enough metal around to put in all the batteries we need. The race is on to develop deposits of lithium, nickel, cobalt and the jumble of other metals that make up a car battery.
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The UK has risked being a bystander in all this, but the government may be waking up to the danger. It has convened a taskforce to look into battery metal supply, is preparing a minerals strategy for next year, and is backing a nascent domestic supply industry in Cornwall.

However, the UK lags the EU — which first published a critical minerals list in 2014, and the US, where Joe Biden unveiled a detailed plan in June. This must be rectified urgently — to stop prices accelerating away from ordinary motorists, and to support a burgeoning electric car industry in the UK. We can’t afford to be left in the rear-view mirror.

The cure for high prices is high prices. There are entirely sumptuous sums being thrown at lithium supply. To the point that one group of researchers says they can extract – profitably – from the Red Sea. Don;t know whether they’re right or not but if they are then that’s supply sorted entirely.

For there’s no shortage of the metals, just a shortage of developed mines. Which is a problem that money solves rather nicely.

20 thoughts on “Idiot analysis”

  1. The cure for high prices is high prices.

    Partially.
    In this case, the cure for high prices would be getting rid of the idiotic upcoming bans on IC engine vehicles.
    It’s an artificial demand spike caused by their own incompetence.

  2. “Unfortunately, EVs are careering towards a giant pothole — there isn’t nearly enough metal ELECTRICITY around to put in all the batteries we need.”

    The lunatics in charge have ensured that there isn’t, nor won’t be, enough generating supply to meet demand.
    If it weren’t for the inter-connectors we wouldn’t have enough supply to meet demand NOW, let alone another few dozen gigawatts to feed all the Teslas we’ll be driving.

  3. As has been pointed out before, this is an entirely desired side effect of moving to EVs – the necessity of curtailing the movement of ordinary people.
    Hence the big push to get people on public transport.
    Another noticeable thing is the downgrading of the driving experience in the UK.
    Despite the stupendous amounts of money sprayed about by HMG, the roads are in a terrible state of disrepair.
    On the M6 last week to drop presents off to family – we spent most of the time crawling along at 40, despite fairly light traffic and no hold ups .
    The missus was cursing the ‘managed motorway’ b*ll*x until I pointed out to her that the scheme was never about improving the roads for the driver’s benefit.

  4. The cure for high prices is high prices.

    When does that kick in for energy then? Or could it be that price is a symptom but the underlying disease is government?

  5. Our host keeps telling us how competition and free markets are responsible for pulling so many of us out of poverty (over the course of history).
    At what point can we say that Government interference/regulation has stopped competition and killed free markets?

  6. BlokeinBrum
    Im Britain’s case it was 1945-1979 ( actually probably 1983 ).
    We are also seeing it now in real time with the energy industry.

  7. “the necessity of curtailing the movement of ordinary people.”

    That will kill off employment for a huge proportion of the population. Nobody has ever been prepared to pay me to work anywhere I can get to without a car. The last time I tried, when the car was being MOT’d, it took six hours each day to do what took 2×40 minutes by car.

    Even the feted “Amazon Megawarehouses” that seem to be the direction of employment for many people are inaccessible by anything other than a car.

  8. And, and, and … genetically modified crops will let us grow pineapples in Shetland. Which is at least a better idea than attempting to force everyone to buy an EV.

  9. Economists have a long argued that high prices, or more specifically high profits, will, in a free market, attract competitors who will eventually drive prices down. They can point to example after example where that has proved true. However, the left will argue that the initial earners of high profits should never have been allowed to earn those profits and the “eventually” part of new competitors driving down prices takes too long. And even if they do drive down prices it leads to more consumption, and we all know that consumption is a terrible thing. Logically, then, in an ideal (Guardian) world we would have very high prices and no profits.

  10. @Rufhfhjf

    It was likely a conscious decision. Who would go to such a thing? Get too many grifters, charlatans and subsidy whores together at once and they would likely reach a critical mass and explode.

    Musk is almost that on his own!

  11. I’ll at least give the chap credit for saying “careering” rather than “careening”

    That would have been scraping the bottom…

  12. If the EU drew up a lost in 2014 then the U.K. would have been involved at the time, so is the complaining that thej government o love again haven’t come up with a plan for Brexit impact

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