NYT neglected to put a number on the Lithium shortage, but I’ve seen estimates that a 2000% increase in Lithium extraction rates would be required, along with a broad range of other toxic minerals such as Rare Earths (used in high efficiency electric motors). There would be no opportunity to be dainty about ramping up production on that scale – Once easily accessible Lithium brines were exhausted, Lithium miners would have to rip the countryside apart, digging up low grade Lithium containing minerals in vast open cut mines, creating enormous toxic waste dumps in their effort to feed the EV production market.
And none of this would be a one-off – the search and extract process would be ongoing.
Good thing the motive for this proposed wholesale planet wrecking is to save the environment, right?
His name was Bubba, he was from Mississippi ... And he needed a loan, So ... he walked into a bank in New York City and asked for the loan Officer. He told the loan officer that he was going to Paris for an
International Redneck Festival for two weeks and needed to borrow $5,000; and that he was not a depositor of the bank. The bank officer told him that the bank would need some form of security for the loan, so the Redneck handed over the keys to a new Ferrari. The car was parked on the street in front of the bank. The
Redneck produced the title and everything checked out. The loan officer agreed to hold the car as collateral for the loan and apologized for having to charge 12% interest. Later, the bank's president and its officers all enjoyed a good laugh at the Redneck from the South for using a $250,000 Ferrari as collateral for a $5,000 loan. An employee of the bank then drove the
Ferrari into the bank's private underground garage and parked it. Two weeks later, the Redneck returned, repaid the $5,000 and the interest of $23.07. The loan officer said, "Sir, we are very happy to have had your business, and this transaction has worked out very
nicely, but we are a little puzzled. While you were away, we checked you out on Dunn & Bradstreet and found that you are a Distinguished Alumni from Ole Miss University, a highly sophisticated investor and
Multi-Millionaire with real estate and financial interests all over the world. Your investments include a large number of wind turbines around Sweetwater, Texas. What puzzles us is, why would you bother to borrow $5,000?" The good 'ole boy replied, "Where else in New York City can I park my car for two weeks for only $23.07 and expect it to be there when I return?" His name was BUBBA.... Keep an eye on those southern boys! Just because we talk funny does not mean we are stupid.
online today!Conrad73 Forum Posts (59,466)
RE: Trending
Got more Malarkey,Bro?
Maynard C.Krebs?
About time you lose those Lead-Canards of yours,Sunshine!