Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
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didn't a recent report say that to supply just the UK with enough batteries to power our cars would require twice the world's cobalt supply? then there's everyone else!
Approximately 7 gallons of oil are used to manufacture 1 car tyre, ev's still have 4 plus a lot of plastic and rubber components. Electric cables have plastic insulation made from oil. Don't get me started on child labour being used to mine cobalt in Africa.
how long did it take for cars to replace horses?
oh wait, plenty of horses still about!
yeah, I know, not in daily work, but you get my drift. I'm sure there were horror stories about farrier's losing their income in the 1900s. mine appears to still earn enough.
Tony Seba's been pushing that line for a long time. I saw the exact same presentation a few years ago except that EVs were taking over by 2025, not 2030. And here he is twelve years ago saying that the EV transition would happen between 2016 and 2020, the last petrol car built by 2028, and oil obsolete by 2030... www.youtube.com/watch?v=MAFoqo3Jbro
I read somewhere the Chinese produced more pollutants last year than we did throughout our entire industrial revolution which was quite a surprise.
Personally i would love to see a carbon free society, with clean air and water for all. Even Brazil now are chopping down 50 sized football pitches of the Amazon a minute with 700,000 sq kilometers gone since 1970. It can't carry on forever but it won't happen quickly either. Too much money involved and big business and it's lobbyists are all too powerful. At the end of the day fossil fuels won't last forever and nobody wants to see our oceans littered with waste but the timescales and glacial speed at which change happens won't see it happening anytime soon either, whether we like it or not. Doris will promise the world but knows he will be long gone and someone else will be announcing the failings/delays. The last thing on many third world countries minds is reducing their fossil fuel usage. Infrastructure, corruption, war, famine, politics and disease are all way ahead. They will, when it all runs out.
PNE, a good assessment of where we are. I think in the world league of co2 emissions we are about 16th. I can't see anyone giving up their lifestyle choices and the rest of the developing world wants the same as us. At best technology will break even with co2 output. Turkey had a huge tree planting exercise for carbon offset, over 90% of the saplings died in a recent report so carbon trading is a con. Don't forget millions of years ago co2 was at 5000 ppm, we are around 400 and the lowest it's ever been is about 180.
The government has committed to having charging point stations 30 miles apart, throughout the UK. It's a start I suppose but unworkable, they have admitted they can only show the way whilst individuals and industry will have to pay for it. Charging points are simple if you have a driveway. Many live in terraced streets, flats, apartments etc. You can hardly hang an extension lead out of the window and across the pavement. It will cost thousands to have one fitted in the pavement and then some plonker will park in front of it. The cost for infrastructure will be massive. The range is getting better, the new Tesla S can do a reported 400 miles on one charge but how much do they cost? I can't see many countries affording any of this anytime soon.
Petrol cars won't be banned, ever, just new builds. They won't have the rich sending their beloved Ferraris and vintage cars to a scrap yard, they will just make it ludicrously expensive to fill one up.
The long delayed energy white paper that will set out the government's energy strategy towards becoming carbon neutral is supposedly due this quarter. I recently watched a government Minister talking about electricity demand doubling within a decade with a need for much more green energy and renewables. I took that part to be more nuclear, EDF are already building at Hinkley Point and completely had the government's pants down on that deal. Consultations are talking place over two more power stations at Sizewell C and rumour has it the government will relax the rules around funding for new build eg pension and private equity funds. What is certain is they won't be signing off to a strike price of £92.50/MWh again. They will probably start building the small modular reactors that Rolls Royce have developed. Green power alone can't cover the peaks in energy demand, the Californians refer to it as the 'duck' curve. The only way round that domestically is a big battery like the Tesla powerwall. Commercial systems are not economically viable for many industries. They are even opening up new pits in Cumbria and Northumberland to mine for coal, for our own steel industry and to export. Carbon neutral is debatable, people and certain industries like to mention carbon credits which is a completely unregulated con. Planting a couple of trees doesn't off set a private plane journey to the other side of the planet. On the electric car front, it is reported that they will have price parity with deisel/petrol cars within 5 years but I highly doubt it. The big one will be shale gas, there's a shed load of it apparently but much of it runs through the tory heartlands and the locals don't like the traffic, noise and mini earthquakes.
We have to change and we will change and much quicker than most of the developing world but there will always be a market for fossil fuels in our lifetimes.
So are all of engine cars going to be taken off the roads....no, most have a life of 15 plus years. Trump will be re elected again, let's have a bet? 1.3 million people are constantly flying in hydrocarbon planes, fact! Whe I see an all electric jet liner carrying 300 people 4000 miles I will eat my hat. So your profession numpty??
Ok, I get it, you are tyre fitter, congrats. Again I quote you,
'A few people driving electric cars aren't going to offset the world population growth. See you in 30 years numpty.'
This may come as a shock to you, so sit down, The UK Govt. is outlawing petrol diesel ICEngines by 2035. So thats 30 miliion drivers. Eu is following, and as soon as Trump is defeated in USA, USA will follow. China is already the largest manufacture of EV's, and India is buying, because it doesn't have it's own oil. You really don't understand do you. I feel sorry for you now, and end this dialogue since it probably puts undue stress on you, Take care and cheerio kiddo.
Tp3, you come across as someone with no industry experience in anything, reading news articles at best MN I have over 9 years experience in the rubber/tyre industry and 7 in aluminium cast houses, very energy, oil and gas consuming. Oil and gas consumption is going to account for 44% of energy needs by 2050, fact, heavy industry requires it. A few people driving electric cars aren't going to offset the world population growth. See you in 30 years numpty.
The 'autonomous' EIA@ is full of ex-oilers - with an obvious bias. RDS and BP, to name 2 are divesting themselves of oil plays, and investing heavily in wind farms, solar panels AND other forms of H2 production. Some methods of H2 production sre nascent industries, but electrolysis has been around for hundreds of years. It is the cost of production which slows the industries going forward, but this is the problem with a a World that sees a problem worth tackling, but profit is put above everything else, even if it means more forest fires, rising sea levels etc. You are exactly like crude, as long as it doesn't happen in my back yard I'm ok with it. Greendragon mentions 10 years before anything subsatantial will happen with 'new' H2 production. I havn'e said anything different, and it's a lot quicker than kiddos 2050, and even then he asserts oil production will be higher than now. Idiot.
Daveyboy is right. You are citing nascent technologies that may be financially viable in the future as if they were going to cause a significant reduction in the use of oil and gas in the next few years. Green hydrogen is much more expensive than that produced by hydrocarbons and will remain so for at least another 10 years. The DMG process you mentioned is really small scale and will be for the significant future. Even if it got to the stage when it could take all of the UKs plastic waste (c. 4.9m tonnes), it would only produce enough hydrogen to power about 15,000 HGVs out of a total of over 400,000. As Daveyboy says, the thing environmentalists never talk about is the use of oil and gas to make plastics. This isn't going to reduce anytime soon, especially as much of green technology eg solar panels is made from plastics.
Oil and gas consumption is going to be very strong even in 30 years time kiddo.
Oil demand for transport is expected to slow by 2050 due to the rise of electric vehicles and more-efficient combustion engines, but that would be offset by rising demand for petrochemicals, the IEA said in a report.
"The petrochemical sector is one of the blind spots of the global energy debate and there is no question that it will be the key driver of oil demand growth for many years to come," IEA Executive Director Fatih Birol told Reuters.
Petrochemicals are expected to account for more than a third of global oil demand growth by 2030 and nearly half of demand growth by 2050, according to the world's energy watchdog.
Global demand for petrochemical feedstock accounted for 12 million barrels per day (bpd), or roughly 12 percent of total demand for oil in 2017. The figure is forecast to grow to almost 18 million bpd in 2050.
Most demand growth will take place in the Middle East and China, where big petrochemical plants are being built.
Oil companies such as Exxon Mobil and Royal Dutch Shell plan to invest in new petrochemical plants in the coming decades, betting on the rising demand for plastics in emerging economies.
LONDON (Reuters) - Plastics and other petrochemical products will drive global oil demand to 2050, offsetting slower consumption of motor fuel, the International Energy Agency (IEA) said on Friday.
Despite government efforts to cut pollution and carbon emissions from oil and gas, the Paris-based agency said it expected the rapid growth of emerging economies, such as India and China, to propel demand for petrochemical products.
Petrochemicals that are derived from oil and gas feedstocks form the building blocks for products that range from plastic bottles and beauty products to fertilisers and explosives.
The hole you are digging is a grave is now. You wrongly accused me of using data that is forward looking, when in fact, as I stated, is correct now, ie. NOW, since you have difficulty in understanding English. You tried to mislead by saying 95% of H2 production is from hydrocarbons, when we were discussing OIL. The majority of H2 produced now is from steam reforming of Methane, which can be extracted independently of oil. There are many diverse methods of 'green' H2 production, to include:
Using microbes that use light to make hydrogen
Converting biomass into gas or liquids and separating the hydrogen
Using solar energy technologies to split hydrogen from water molecules
Last updated: January 21, 2020.
There is considerable research ongoing, and in 5 years picture will change radically.
Take a gander at PHE which has a process (DMG) to mfr H2 from waste plastic and tyres, and a DMG plant will shortly be constructed nr Liverpool. These are small 25tpd plants, but emit no pollutants, and can be built near the source where H2 is required, This is significant, since one of the main costs of H2 is in transportation, and of course waste plastic is an International concern. Get educated kiddo.
Oh and testpack, 95% of hydrogen fuel comes from fossil fuels so put that in your pipe and smoke it.
At any one time there are 1.3 million people flying in hydrocarbon fueled planes. Rolls Royce are developing an electric turbofan engine but battery power density is the issue and won't be resolved any time soon. Do how many ships not using hydrocarbons, name them?? The problem you are googling tomorrow's world which most of the time won't happen. Tesla trucks are an expensive engineering exercise, they are only just getting their cars to stop falling apart or crashing and killing drivers.
You keep digging the hole deeper. your 'minute percentage' of oil use in transport in reality is 25%. From yesterday;
'
all hgv, aeroplanes and shipping use hydrocarbons and won't be changing in the next 25 years.'
Another hilariously stupid statement. All you had to do was google it for a minute or so. There are too many links to post, but just an appetiser. Aviation. A Swedish company has an electric plane in service for local flights, and plans to expand Many other Airlines doing similar. HGV's. tesla , one of a few, are manufacturing 30k Kg Uunits. Marine. All major companies, incl Maersk are planning to have HFC ships on the Ocean in the next 5 years, Many Lake transport vessels already use HFC now. Rail. Dozens of Cities Worldwide use HFC trains. It's no good having a brain, kiddo, one has to know how to use it. You especially should of known that lol.