Thursday, October 03, 2019

This could really matter!-----Looming Nickel Shortage Threatens to Slam the Brakes on Governor Walz's Electric Vehicle Mandates - American Experiment

Looming Nickel Shortage Threatens to Slam the Brakes on Governor Walz's Electric Vehicle Mandates - American Experiment
"Governor Walz recently announced that he wants hundreds of thousands of electric vehicles on Minnesota roads by 2030, but a world-wide shortage of nickel threatens to slam the brakes on EV’s.
...The Wall Street Journal projects nickel deficits for through 2019 and 2020 and the metal shortage will be exacerbated by Indonesia’s decision to ban all raw nickel exports and long lead times for mine permitting in areas like Minnesota.
...if the Governor truly wanted to be a global leader on climate, he would open up the Duluth Complex to mining, because it is the single-largest undeveloped source of copper and nickel in the world, and these metals will be in high demand if the entire world is to shift to (expensive and inefficient) renewable energy sources and (unprofitable) electric cars...
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