Osisko Metals CEO talks challenges with net-zero critical metals supply

2 thoughts on “Osisko Metals CEO talks challenges with net-zero critical metals supply”

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2. Getting to Net Zero by 2050 would cost $9.2 trillion a year globally (McKinsey). That's not going to be good value for money. That's nearly one-tenth of global GDP. That money would be better spent on a myriad of things including educating the fifth of humanity who are illiterate and represent a 7% annual loss to the world's economy. Any country that attempts it will be indebted or impoverished.
   Example: For the UK to reach net zero by electrification of its transport fleet and heating system, it will require a tripling (as a minimum) of its current electrical generation capacity among other things. This will essentially require the UK consuming all of the current global supply of copper and other rare metals for the next 25 years. The cost will be unaffordable and the skilled manpower levels unattainable. And that is just to eliminate the 1% of the global CO2 emissions that the UK is responsible for. So times that by 100 for the Earth. 10,000 child slaves in the cobalt mines of the Congo not enough for you? Make it a million. Imagine all the human suffering and environmental damage done from all that resource extraction!
   
   An electric vehicle requires 6 times the mineral input compared to a conventional one, and the carbon cost is greater until you reach 80,000 miles.
   
   Production of all of these minerals has been mastered by China: a totalitarian communist regime that thinks nothing of the mass murder of its own citizens, imagine how much it cares about the rest of us.
   
   And why are we embarking on this great net zero crusade? For what? So someone can virtue signal by driving around in a Tesla.
   Maddeningly, there is no climate crisis. The Earth was warmer in the recent and distant past.

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