« SB9 and YIMBY Carpetbaggers | Main | Covid Updates: Yellow Tier, Now What? »

May 11, 2021

Comments

MBGA

Did somebody say electric cars?

https://patriots.win/p/12igYC0eIy/electric-cars-are-better-for-the/

JP

That is FUNNY. Thanks MBGA.

Joe

Some economic insight from the WSJ:

Despite a commodity boom that is boosting profits, miners aren’t throwing cash at new projects, raising concerns about future shortages of some metals.

So-called technology metals, such as cobalt, copper and lithium, are set for particularly large deficits, analysts say, amid rising demand from makers of batteries, electric cars and wind turbines. Supply constraints threaten to slow countries’ plans to reduce emissions and make them more expensive, they say.

For instance, the price of copper—used in construction and to conduct electricity—has almost doubled over the past 12 months to a record of $10,762 a metric ton earlier this month. Meanwhile, the total demand for copper is forecast to increase 40% by 2030—with so-called green demand jumping by as much as 900%—according to Goldman Sachs Group, leaving a supply shortfall of 8.2 million metric tons.

To achieve the goals of the 2015 Paris climate agreement, there needs to be a quadrupling of the supply of minerals needed for clean-energy technologies by 2040, according to the International Energy Agency. For instance, the Paris-based energy watchdog says expected supply from existing mines and projects under construction is estimated to meet only half of projected lithium and cobalt requirements by 2030. Both metals are key components of batteries for electric cars and energy storage.

“This will likely mean that decarbonization could cost more than is currently estimated and will be a structurally inflationary force for some time,” says Tyler Broda, an analyst at Royal Bank of Canada.

Joe

Now we have "electric cars, so so fast". From today's WSJ:

The redesign of the Model S is the latest sign that Tesla has evolved from a sprightly startup challenging incumbents with new vehicles, to an established manufacturer that also has to upgrade legacy models to keep potential buyers interested.

The Silicon Valley company late Thursday marked the delivery of a souped-up version of its luxury sedan. Mr. Musk, Tesla’s chief executive, has billed it as the quickest production car on the market. The vehicle, dubbed Model S Plaid, can accelerate from zero to 60 miles an hour in less than two seconds.
----------
I trust my driving skills to accommodate 0-60 in 2 seconds, but I'm definitely not comfortable with the rest of you having that acceleration :-)

MBGA

I don't know about that electric motor they put in those things, but getting 0 to 60 in 2 seconds means elan's got some serious tire technology.

I'll stick to my ol Prius. Just looked it up: 10.3 secs. I just did the anti-theft cat convertor modification last month. (thanks you demshoviks for letting criminals go free).

Cassandra

DJ reports today that San Mateo will offer rebates for electric leaf blowers with a focus on commercial operators.

Come on, Burlingame: Help the environment, enjoyment of hearth and home, and healthy air!

Give a time limit for the rebates and then an end date for gasoline powered blowers.

Joe

Don't park it in the garage:

On Friday the company announced that two Bolts had caught fire without impact recently and that at least one of the two was related to the battery and happened despite the owner getting a fix from a previous recall, according to the Detroit Free Press.

The recall includes all Bolt EVs from 2017 to 2019, encompassing 68,000 vehicles. 50,925 of those vehicles were located in the U.S. and they have batteries that are produced at LG Chem’s Ochang, South Korea, facility, the report notes.

Joe

LOL...pump more gas...in the Middle East

Statement by National Security Advisor Jake Sullivan on the Need for Reliable and Stable Global Energy Markets
AUGUST 11, 2021

STATEMENTS AND RELEASES
Higher gasoline costs, if left unchecked, risk harming the ongoing global recovery. The price of crude oil has been higher than it was at the end of 2019, before the onset of the pandemic.

While OPEC+ recently agreed to production increases, these increases will not fully offset previous production cuts that OPEC+ imposed during the pandemic until well into 2022. At a critical moment in the global recovery, this is simply not enough.

President Biden has made clear that he wants Americans to have access to affordable and reliable energy, including at the pump. Although we are not a party to OPEC, the United States will always speak to international partners regarding issues of significance that affect our national economic and security affairs, in public and private. We are engaging with relevant OPEC+ members on the importance of competitive markets in setting prices. Competitive energy markets will ensure reliable and stable energy supplies, and OPEC+ must do more to support the recovery.

https://www.whitehouse.gov/briefing-room/statements-releases/2021/08/11/statement-by-national-security-advisor-jake-sullivan-on-the-need-for-reliable-and-stable-global-energy-markets/

Verify your Comment

Previewing your Comment

This is only a preview. Your comment has not yet been posted.

Working...
Your comment could not be posted. Error type:
Your comment has been posted. Post another comment

The letters and numbers you entered did not match the image. Please try again.

As a final step before posting your comment, enter the letters and numbers you see in the image below. This prevents automated programs from posting comments.

Having trouble reading this image? View an alternate.

Working...

Post a comment

Your Information

(Name and email address are required. Email address will not be displayed with the comment.)

About the Voice

  • The Burlingame Voice is dedicated to informing and empowering the Burlingame community. Our blog is a public forum for the discussion of issues that relate to Burlingame, California. On it you can read and comment on important city issues.

    Note: Opinions posted on the Burlingame Voice Blog are those of the poster and not necessarily the opinion of the editorial board of the Burlingame Voice. See Terms of Use

Contributing to the Voice

  • If you would like more information on the Burlingame Voice, send an email to editor@burlingamevoice.com with your request or question. We appreciate your interest.

    Authors may login here.

    For help posting to the Voice, see our tutorial.