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Posted Sun Nov 20 2011: from The Market Oracle:
The Electric Car Paradox: Can We Switch To Electric Cars ? Not now and... not nearly http://apocadocs.com/s.pl?1321759905
The simple answer is no - and the complicated answer is also no.... What we find is a reality wall for EVs so high that "The Switch" (to a fully motorised all electric car future) is such pure fantasy it is avoided - even by its most blustering shills. These, like Renault's Carlos Ghosn talk loudly about attaining production rates of 1 million EVs per year "by about 2016". The quantum leap they would need to match the world's current output of OVs, about 75 million per year, and then replace the existing stock of around 950 - 975 million OVs, growing at about 55 million a year (after the scrapping of about 20 million a year), is so far beyond their admittedly world class ability to lie, boast and brag - that only fantasy will suffice. As we know from the first table, for every ton of global oil production, we produce 5 kilograms of aluminium, less than 2 kgs of copper, a half kilo of lead, and so on down the scale - to lithium. Like we also know, lithium is the Holy Grail for EV boomers, who can present this light metal as relatively "eco friendly', or relatively non-toxic, but this does nothing to change its rarity. To be sure, it is fun to know the world's oceans contain an estimated 230 billion tons of lithium - dissolved in about 1450 billion cubic kilometres of water - which means there is about 140 kgs of lithium in every cubic kilometre of seawater ! More seriously, we need to know the world's mineable and extractible reserves of lithium. These are mainly located in Bolivia, Argentina, Portugal and Russia and their exact extent is most certainly a controversial subject, but the US Geological Survey in 2007 estimated these may be as little as 13.75 million tons. The most optimistic estimates, assuming a large increase in lithium prices, extend this to about 29 Mt.
[Read more stories about: efficiency increase, oil issues, alternative energy]

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