The stark reality is humanity can’t make enough machines to have a significant impact on global energy consumption and CO2 emissions because the world's miners can’t provide the necessary raw materials. It's not just a question of lithium. The physical constraints on global production of aluminum, copper, lead, nickel, cobalt and a host of scarcer metals are staggering and the six billion people who simply want electric lights, a washing machine and maybe a refrigerator will not sacrifice their basic needs so that Tesla Motors (TSLA) can sell electric cars in California financed by a $465 million ATVM loan that it can’t possibly repay without an Exodus-class intervention from the Almighty.
Chasing rainbows with known limitations.
Needs to be moved to politics forum, MODS. Thx.
Last edited by Wesley; 11-18-2011 at 01:43 PM.
CFH HMagic bball season next year.
Let my Fred's Four Horsemen ride: Georges, Hogue, Nader, and McKay.
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