Just got this off the electric papers......is this correct
The Middle East’s mega-rich oil kingdoms can see the writing on the wall. The time of big oil is over. The future is all about critical minerals. And they’ve got the money to leave Australia’s ambitions in the dust.
Oil and coal were the lifeblood of the world’s economy.
That’s now rapidly moving to sustainably generated electricity.
And while nobody owns the sun or wind, they can control the supply of essential minerals and metals needed to harvest both.
A wind generation facility needs nine times more minerals and metals than a gas-fired power plant. An electric car needs six times that of a petrol-driven car.
The Middle East’s mega-rich oil kingdoms can see the writing on the wall. The time of big oil is over. The future is all about critical minerals. And they’ve got the money to leave Australia’s ambitions in the dust.
Oil and coal were the lifeblood of the world’s economy.
That’s now rapidly moving to sustainably generated electricity.
And while nobody owns the sun or wind, they can control the supply of essential minerals and metals needed to harvest both.
A wind generation facility needs nine times more minerals and metals than a gas-fired power plant. An electric car needs six times that of a petrol-driven car.