Replies to post #27025 on The Rising Influence of Rising Affluence

[n4807g]

EV and the new energy economy timelines are are absurd, but make great political theater.

[n4807g]

This article sums it up...

California congressman perfectly sums up what is wrong with US mining policy
https://www.mining.com/california-congressman-perfectly-sums-up-what-is-wrong-with-us-mining-policy/

Trump, five days before leaving office, published a pivotal report – the Final Environmental Impact Statement – on the project, clearing the last major hurdle for construction to begin, which would take another decade to the start of commercial production.  

The thousands of jobs and billions in state and federal revenue the mine will create over its 40+ year life makes Resolution the perfect candidate for fast tracking and government support under the IRA. 

Right?

Wrong. 

Biden rescinded the FEIS two months after its publication and Democrats also added specific wording to the infrastructure bill that would block the project. 

The USA will be a 3rd tier producer of minerals needed for the new energy economy. But we're not alone, at the current pace it will take decades to increase production (worldwide) to get to the targets politicians have set; not years.

[semi_infinite]

TM - Article IMO is quite bullish on the position of TSLA given their supercharger network and taking most of the best locations. I guess Toyoda is still hoping for some magical funding of H2 refueling stations for the benefit of the fuel cells passenger car believers. Korean and Chinese EV companies are going to end up with TM's market share in Asia. And there is also cheap E-motorcycles coming for HMC and Yamaha market share in Asia.

[semi_infinite]

HMC/SONY prototype at CES. Product due in 2026.

https://www.bloomberg.com/news/articles/2023-01-05/sony-and-honda-unveil-afeela-ev-in-latest-challenge-to-tesla