Electric Cars

[dan_s]

EnerCom Conference in Denver:

In his keynote talk on Wednesday former President of Shell John Hofmeister answered the question “Is the Silicon Valley Taking Over” in a lively discussion of how the “keep it in the ground crowd” would not be successful in totally wiping out internal combustion engines for transportation.

Hofmeister cited three independent studies that came to similar conclusions about the penetration of electric vehicles. Bloomberg, Goldman Sachs and the IEA agreed that by 2050, there will be four billion automobiles on the road worldwide. Two billion will be battery driven and the other two billion will be internal combustion driven, fueled either by gasoline or ethanol or natural gas.

“The demand for mobility will drive power-source,” Hofmeister said. “A sudden takeover by public policy that says leave it in the ground—it’s not going to happen.”

The question I have is where will all the lithium come from for two billion EVs? - Dan