International Energy Agency report shows that green energy transition is a fantasy because of dependence on key rare minerals

May 13, 2021  By Thomas Lifson

 

A prestigious intergovernmental organization created by the world’s advanced economies is pointing out the bottleneck in the plans to substitute so-called green energy for hydrocarbon-based energy: the availability of key minerals necessary for battery storage, wind farms, solar panels, and other gizmos necessary for the switchover. 

 

Simply put: the world can’t provide the quantity of those minerals that would be necessary, and the environmental and social impact of trying to mine them in sufficient quantities would be devastating. The cure, in other words, is worse than the disease. You can download the 287-page report here.............To Read More....