CHARTS: EV battery metals bill sets new low as lithium, nickel, cobalt price slump continues
The raw materials bill for the average EV is now down to $510 compared to a peak of more than $1,900 at the beginning of last year.
The Spanish government has altered national rules for fracking in a bid to support economic growth in one of Europe’s most energy-poor nations.
Spain imports about 99% of its oil and gas needs, and high energy costs have been a major obstacle to recovery after the country’s recent, devastating construction and housing bubble burst.
The changes will provide more legal certainty to exploration companies, Bloomberg reports.
“Now, if a regional government prohibits fracking, that would be in conflict with this national law,” said environmental lawyer Abel La Calle.
Seventy licenses have been given to explore for oil and gas in Spain.
2 Comments
Dan
Based on what our Australian government under Labor told us repeatedly (and Labor still repeats this nonsense every day) , Spain should by now be an exporter of clean and cheap solar energy and tens of thousands of “green” jobs should have been created , reducing unemployment to 0% and making Spain the richest country in Europe. They repeatedly asked us to support our “carbon pollution” tax and more generally copy the Spanish model! What happened, and how come I have never seen this kind of news items on our Australian (Labor) ABC broadcaster???
Gary
Because it does not fit in with their held beliefs like global warming. Don’t complicate the issue with reality