China’s dangerous battery monopoly
By |2024-04-13T11:12:43-04:00April 15th, 2024|
China has monopoly control over processed graphite, an essential component of almost all lithium-ion batteries.
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China has monopoly control over processed graphite, an essential component of almost all lithium-ion batteries.
The problem has been largely ignored, even by policy makers and military strategists.
U.S. customs officials have seized thousands of German Volkswagens over a single part made in China’s Xinjiang region.
The electric vehicles that European, American, and other Western governments have been subsidizing are “the wrong car for the wrong market at the wrong time.”
Who is building coal? Of the 107 countries they tracked, one country built 47 gigawatts. The other 106 countries combined built 22 gigawatts.
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China's coal boom fits the axiom: "Socialists always lie."
Rhetoric aside, China and India are all in on coal.
China is the world's largest CO2 emitter after all.
Yet China’s massive victory, punctuated by its commitment to coal for its own economy and to controlling the market for almost all the components for renewable energy deployment, may well be pyrrhic, as its economy teeters on collapse.