3 ms·
Thanks for the insight. Surely the speed of progress is surely a concern and given the amount of petrol cars on the road it will surely take a long time coming
by thisisit 9y ago
Thanks for the insight.
Surely the speed of progress is surely a concern and given the amount of petrol cars on the road it will surely take a long time coming.
My understanding on lithium is that it is abundant in nature.
- PaulHoule 9y agoLithium abundance has issues. It is not that common in the universe at large (compared to other elements early in the periodic table) because it burns up very quickly in the core of stars. People who have thought about this in terms of nuclear energy think that lithium used for fusion is not all that likely to be a larger resource than uranium used for fission in a plutonium economy. Right now most lithium is mined from a few countries in Latin America that are not globally minded so I could see politics getting in the way. Certainly there are other reserves of lithium that we know of, probably more that we don't know of. When we go looking we often find there are resources we didn't know about. On the other hand, it takes time and money to develop resources. A "baseline scenario" is that it is like oil and other commodities, the price will go up and down.