Now we can have a better understanding why Rockefeller family is divesting from fossil fuels, economics does not work any more. This amount is still pitiful 5% compare to the subsidies of $5.3 Trillion (IMF) Received by Fossil Fuels industry, but we are slowly getting there. When Elon Musk and Warren Buffett are assaulting $12 Trillion industries of Energy and Transportation, you better take notice. Lithium Technology is changing our world very fast: now we can drive electric cars and charge them with Solar, we just do not have to burn Coal and Oil any more. Cheaper lithium batteries change everything, making real energy security possible with Smart Grids integrating Solar and Wind with electric cars. For a long time it was a wishful thinking and only talking, now the real money is coming into renewables and it makes all the difference. Solar is still below 1% of Energy Generation, Electric Cars sales are below 1% as well, but both are growing exponentially now, with costs going down. The World is just before the INTERNET in the Energy Space.
International Lithium President, Kirill Klip comments “International Lithium is beginning a new phase of strategic developments through new potential acquisitions and strategic partnerships. The availability of affordable electric cars is almost here with models like GM’s Bolt and Tesla’s Model 3 coming into production this and next year. This will greatly increase the demand for lithium batteries in North America. Our new strategy recognizes this opportunity and we seek to meet the demand for lithium in North America’s massive automotive markets. Together with Ganfeng Lithium we continue to advance our projects in Argentina and Ireland building on a vertically integrated lithium business in China, the centre of today’s lithium industry where prices for the green energy metal are currently escalating. Newly formed alliances with companies like Pioneer Resources, will help us focus our expertise in recognising opportunities and building up a resource base, while minimising our capital outlay to advance the projects to build the secure supply of lithium for the North American market.” Read more."
Tony Seba: Lithium Race And Why Warren Buffett Is Betting Huge On Disruption of $12 Trillion Industries?
"Because the colour is Green, but not just any green - it s the colour of money. We are entering into the next explosive stage of disruption for the $12 Trillion Energy and Transportation industries. Tony Seba is brilliant as usual, but this video stands out even among his perfect presentations. Every sentence, every bullet point is like a nail into the coffin of subsidised, unsustainable any more Energy and Transportation industries based on burning Oil and 100 years old ICE technology spitting cancer hazard emissions which are slowly killing us all. Numbers are mind boggling and logic is precise, invest next 30 min to save you from poverty for the next 30 years. Oil, Coal, Nuclear and even Gas and Biofuels will become obsolete, totally dominated by Solar and Warren Buffett is the largest investor in Solar now already! I am writing for years about his connections to BYD and Chinese electric cars and lithium batteries markets. And now Tony Seba repeats that all cars will be electric very soon. I was following Tony Seba for years building our International Lithium company. What is the difference now? Big money are coming in, the tide is coming. Listen to the numbers and now try to squeeze all those Trillions of dollars into Solar, Electric Cars, Batteries and Lithium for them. Read more."