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Why are lithium prices collapsing?

internationalbanker.com

221–230 of 524 posts

Re: Why are lithium prices collapsing?

#221

Earlier quoted context omitted.

> A legacy of the Pinochet era in Chile is the privatisation of minerals and water, which gives companies ownership of those resources in an area. While mining operations squeeze this already dry region even drier, communities lose their access to potable water, leaving them relying on tankers to deliver it. “We used to have a river before that now doesn’t exist. There isn’t a drop of water,” says Rivera. “And not on…

Lithium is not the only cause of aquifer depletion in Chile, avocado farms have also been responsible for depleting the wells of residents [1]. These outcomes, as the article alludes to, are due to the privatization of resource rights, which is a consequence of Pinochet government going all in on the policies Milton Friedman promoted [2]. Citizens of Chile are more victims of neoliberalism than they are of any partic…

From wikipedia: « In 2010, Chile was the first nation in South America to win membership in the Organization of Economic Cooperation and Development, an organization restricted to the world's richest countries »

Victims of neoliberalism you say?

Re: Why are lithium prices collapsing?

#222
post #120
post #118

Earlier quoted context omitted.

[flagged]

It's sublimated class resentment. People resent things that are perceived as coming down upon them from a coastal rich Ivy League educated elite that is perceived as holding them in contempt. It all just sounds like rich people in private jets flying around telling them to use less energy to save the planet. There is of course too much inequality, but it's not because of EVs or phasing out gas stoves.

perceived as holding them in contempt”?

They have been told explicitly in prime time TV that they are held in contempt. It’s not an issue of perception on this front.

Re: Why are lithium prices collapsing?

#225
post #153

Earlier quoted context omitted.

> I can’t believe that actual people are that invested in burning hydrocarbons. Yeah, it's weird, right? Why _are_ people so invested in burning natgas and coal and other hydrocarbons for large-scale power generation when a plethora of proven near-zero-emissions alternatives exist? From a climate-change perspective, banning natgas cookstoves is a few pennies saved on like a thousand dollar expenditure. It's similar t…

Forget burning, even pumping gas to residences is itself a big source of emissions, because of how leaky the pipes are. Between two to seven percent of all gas put into the system is lost directly to the atmosphere, and it's a very potent greenhouse gas. One way or the other, it needs to go away. It's not performative, it's necessary for achieving long-term emissions goals, and it's low-hanging fruit.

> and it's a very potent greenhouse gas.

It is still good to fix if it contributes to a significant amount of warming, but it isn't cumulative like CO2: it eventually degrades in the atmosphere.

Re: Why are lithium prices collapsing?

#226

Earlier quoted context omitted.

> A legacy of the Pinochet era in Chile is the privatisation of minerals and water, which gives companies ownership of those resources in an area. While mining operations squeeze this already dry region even drier, communities lose their access to potable water, leaving them relying on tankers to deliver it. “We used to have a river before that now doesn’t exist. There isn’t a drop of water,” says Rivera. “And not on…

Lithium is not the only cause of aquifer depletion in Chile, avocado farms have also been responsible for depleting the wells of residents [1]. These outcomes, as the article alludes to, are due to the privatization of resource rights, which is a consequence of Pinochet government going all in on the policies Milton Friedman promoted [2]. Citizens of Chile are more victims of neoliberalism than they are of any partic…

What about drainage of Aral Sea for short term gain, were Soviet citizens also victims of Soviet neoliberalism?

Re: Why are lithium prices collapsing?

#227

Earlier quoted context omitted.

I'm not the OP but I share this attitude. The argument is that it is hypocritical to heat your 50-room house using hydrocarbons and fly around in a private jet while telling other people to cut their CO2 usage. If you aren't willing to sacrifice for your cause, why should other people sacrifice anything for it?

Are you saying everyone who thinks we need to sacrifice for climate change owns a 50 room house and flies around in a private jet?

Not at all, but I am saying that a large fraction of the most visible people who are very publicly evangelizing for it do. If the movement can't convince its evangelists to make the significant lifestyle changes they are demanding of everyone, why would you expect others to adopt them first?

I am half convinced that Greta Thunberg was given a lot of media attention because they finally found someone evangelizing for the cause (with enough political connections, etc) who was actually willing to lead by example.

Re: Why are lithium prices collapsing?

#228

Earlier quoted context omitted.

For home use, induction is far superior. More intense heat, less heating the room, no fumes, much easier to clean, etc etc etc

I had a ge one loved it when it worked. The board died twice in 6 months. The Bosch one probably would have worked fine but for whatever reason it wasn't the look the spouse wanted. Even though I was fully onboard I could see the specific pan thing annoying some dedicated gas people. I’m back to gas and no longer have people boiling water so I can boil water.

Yeah, we are living through that horror as well, turns out roughly half of the people we know that have an induction stove ended up having either multiple replacements or live with the peculiarities of their unit. It’s not cheap stuff as well, one couple have a high end Miele one that goes completely haywire if anything drops on its surface and that is after getting one replacement and one “upgrade”…

Re: Why are lithium prices collapsing?

#229
post #162

Earlier quoted context omitted.

Gas stoves and plastic straws are distractions, they don't matter either way.

Gas stoves need to go away because getting rid of gas infrastructure in the long term will be a huge win, but the gas industry spends heavily on propaganda to convince people otherwise: https://youtube.com/watch?v=hX2aZUav-54

Much more money is spent on climate change propaganda than there is on gas propaganda. I see climate change propaganda almost every day, but pro fossil propaganda extremely rarely. I think that this is because fossil fuels are extremely useful in practice, and so the users don’t need to be convinced of their benefits.

Re: Why are lithium prices collapsing?

#230
post #162

Earlier quoted context omitted.

Gas stoves need to go away because getting rid of gas infrastructure in the long term will be a huge win, but the gas industry spends heavily on propaganda to convince people otherwise: https://youtube.com/watch?v=hX2aZUav-54

> in the long term will be a huge win Huge win for whom? > but the gas industry spends heavily on propaganda to convince people otherwise: Propaganda goes both ways.

Obviously getting rid of gas stoves is good for the environment. In the US, the only conceivable use I see for them longer term is camping stoves and extremely remote houses that don't have electricity.

I'm guessing you have some other view from your comment, please explain.

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