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A conservative estimate of the cost of a transition to “clean energy” is $1.7 trillion needed for mining of copper, cobalt, lithium and other rare earth and exotic metals and minerals. This transition will supposedly fuel electric vehicles (EVs) being cheaper than gasoline and diesel vehicles by 2027, and electric SUVs cheaper by 2026, according to BloombergNEF. Additionally, the International Energy Agency (IEA) in a new report found renewable installations for energy to electricity “soared to 280 GW globally in 2020, up 45% from 2019,” with “renewables (solar and wind) accounting for 90% of global electric capacity installations in 2021 and 2022.”
These are major reasons why the Biden administration is set to approve the first large-scale offshore wind farm , “an 800-megawatt project off the coast of Massachusetts.” Unknown to the U.S. President, this wind farm installation will lead to wrecking a beautiful coastline over enormous land and ocean/sea requirements for renewables, and increased emissions since renewables have to be backstopped by fossil fuels or zero-carbon nuclear when the sun doesn’t shine and the wind doesn’t blow.
President Biden wants to cut greenhouse gas emissions by at least 50% before 2030 without giving a detailed plan on a transition from fossil fuels and nuclear that will be incomprehensibly expensive and technologically impossible. Furthermore, renewables used for baseload electricity needs have led to grid blackouts in Texas, California, Germany , and Australia.
Obviously, tens of millions of tons of mining for rare earth and exotic minerals are required for this low-to-zero carbon future. For now, renewables, EVs, and utility-scale storage overwhelmingly rely on China for rare earth/exotic minerals needed for solar panels, wind turbines, and battery storage systems to work as advertised. The U.S. Geologic Survey has highlighted 35 key rare earth elements used in “clean” energy technologies , but imports account for 14 out of 17 of the most basic ones.
Low-carbon futures, clean energy transitions, decarbonizing electrical grids, or a Green New Deal will only succeed with “major increases in U.S. mining and processing — unless (we) want to make America even more dependent on China and Russia.” A recent Wall […]
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We Often Feel Like David Taking on Giants
Today’s Goliath is the Mainstream Media Industrial Complex that brainwashes the masses.
Our mission is very straightforward: To counter the false narratives and nefarious agendas destroying America today. It isn’t easy for obvious reasons; despite incredible growth over the last year we are still a very tiny fish in a huge media pond. But we’re fighting and we will continue to do so, Lord willing, for as long as we possibly can. The battle for America’s present and future is too important for us to back down to the giants that stand in our way.
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JD Rucker