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Friday, 21 July

23:44

Afghanistan potential supply elasticity fact of the day "IndyWatch Feed Economics"

A decade earlier, the U.S. Defense Department, guided by the surveys of American government geologists, concluded that the vast wealth of lithium and other minerals buried in Afghanistan might be worth $1 trillion, more than enough to prop up the countrys fragile government. In a 2010 memo, the Pentagons Task Force for Business and Stability Operations, which examined Afghanistans development potential, dubbed the country the Saudi Arabia of lithium. A year later, the U.S. Geological Survey published a map showing the location of major deposits and highlighted the magnitude of the underground wealth, saying Afghanistan could be considered as the worlds recognized future principal source of lithium.

Here is more from The Washington Post.

The post Afghanistan potential supply elasticity fact of the day appeared first on Marginal REVOLUTION.

     ...

16:10

The Afghanistan Lithium Great Game "IndyWatch Feed War"

While the United States, along with its allies, left Afghanistan in August 2021 in spectacularly humiliating circumstances, the departure was never entirely complete, nor bound to be permanent.  Since then, Washington has led the charge in handicapping those who, with a fraction of the resources, defeated a superpower and prevailed in two decades of conflict.

In a fit of wounded pride, the United States has, in turn, sought to strangulate and asphyxiate the Taliban regime, citing human rights and security concerns.  The Talibans Interim Foreign Minister, Mawlawi Amir Khan Muttaqi, makes the not unreasonable point that the ongoing crisis is the imposition of sanctions and banking restrictions by the United States.

In May this year, Idaho Republican Senator Jim Risch, ranking member of the Senate Foreign Relations Committee, led 18 of his righteous colleagues in introducing the Taliban Sanctions Act, promising more chastising.  Ostensibly, the Act seeks to impose sanctions with respect to terrorism, human rights abuses, and narcotics trafficking committed by the Taliban and others in Afghanistan.

The brief for prosecuting an even more aggressive stance against the Taliban never ceases to bulk, be it to arrest the mistreatment of women and their inexorable marginalisation, or the claim that the country is now essentially a bandit state which is both a danger to itself and its neighbours.  Over a year into Taliban rule, breakdown of the state, bankruptcy of financial institutions, economic collapse and diplomatic isolation have pushed Afghan society to the brink of humanitarian catastrophe, writes a former senior advisor to Afghanistans Foreign Minister, Arian Sharifi, currently an academic at Princeton Universitys School of International Affairs.

Sharifi goes on to analyse the Taliban in what resembles a portrait of the ramshackle government he served.  The Taliban today is deeply divided, making it unable to pursue a unified course of action.  They also ruled a country with more than 20 terrorist groups with a long-standing presence in Afghanistan.

In typical good taste, Sharifi delicately ignores his role in having advised a corrupt government whose strings were firstly pulled, then abandoned, by Washington and its allies.  His poisonous pen fails to acknowledge the attempt by his own past sponsors to systematically contribute to that very failure, bankruptcy and ruin.  He can, however, take some hope in recent reports suggesting that Afghanistan will again become a playground for what British imperialists dubbed in the 19th century the Great Game, the Anglo-Russian competition for influence...

Thursday, 20 July

17:00

Future Of Oil Demand Is Brighter Than Youve Been Told "IndyWatch Feed World"




These charts really tell the story rather well.  The convenience of oil and natural gas will maintain market share even in the face of zero cost electrical power.  The advent of the EV shill shift a portion of that energy demand to electrical which will drive major adjustments globally.

right now though, natural gas is ideal for heating homes while all that transitions to more effciency and geothermal.  Geothermal is also a backup for necessary grid power..  And so far it looks like the EV crowd is drawing off peak power from that same grid which is excellent sense.  Making the Grid efficent is literally free power.

My point though is that oil is necessary because electrical is not nearly as convenient and that applies to just about everything else.  I expect the EV time when the last twenty percent of the global population exits poverty.

Today i can watch a punjabi farm boy crank up hist tractor to do something stupid.  I was that boy in 1955.  today two thirds of our global population can do all this for a can of diesel fuel.  No one is going back to using a bullock..

We will likely keep using oil in particular forever even if a super battery comes along just because it is easy and convenient.  We are slowly reducing coal here because we have natural gas.  Anywhere else not so lucky.

Again the highest and best use of nuclear just happens to be as a heat engine and a static one at that.  Geothermal is also static and all this takes wasyteful power conversion.

We can build static cooling tower like stacks to produce grid powert, but no one has done this yet.  Same is true for fusion energy.  The best skips the hest engine.

The take home tnough is that we will all be electrified at least and Evs will move us about.  everything else can be solved in multiple ways.  imagine giant airships taking containers point to point folks.  Two handling steps and even at 60 mp...

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