#Cleantech #Podcast -How much will you buying an #electricvehicle #savetheplanet if the 100 top #polluters continue their path?

#Cleantech #Podcast -How much will you buying an #electricvehicle #savetheplanet if the 100 top #polluters continue their path?

 

October 3, 2023 - Investorideas.com, a global news source and leading investor resource covering cleantech stocks issues a new edition of the Cleantech and Climate Change Podcast.     

 

Listen to the Podcast:

https://www.investorideas.com/Audio/Podcasts/2023/100323-Cleantech.mp3

 

Read this in full at

https://www.investorideas.com/news/2023/cleantech-podcasts/10031Electric-Vehicle.asp

 

Listen to the cleantech and climate change podcast on Spotify

 

Transcript

 

Good morning and welcome to today’s podcast. Today I would like to start the conversation about climate change initiatives versus the critical issues of water, land and air pollution.

As global governments push consumers to go down the electric vehicle path, what are they doing to protect us from the top major polluters to the air we breathe, our oceans and the soil we grow our food on? These corporations have the option of buying carbon credits, going to court and paying fines, not paying fines or lobbying governments to continue their dirty path.

 

Consumers are trying their best - from recycling to buying electric vehicles, using less water, growing their own food. But we will barely put a dent in the problem if the government and big corporations don’t address real pollution issues.   

 

So let’s look at some of the top 100 polluters out there and see what they are doing. This data  from the Political Economy Research Institute for the Toxic 100 Air Polluters Index (2022 Report, Based on 2020 Data) shows Warren Buffett’s Berkshire Hathaway (NYSE: BRK.A; BRK.B) as one of the top ten air polluters. The world considers him one of the best and most respected investors – and yet this is his contribution to the planet we live on.

 

ic 100 Air Rank

Corporation

Toxic score (pounds released x toxicity x population exposure)

Millions of pounds of toxic air releases

Millions of pounds of toxic incineration transfers

EJ: Poor Share

EJ: Minority Share

% of toxic score from a single facility

 

1        LyondellBasell Industries    16,158,867   5.18    2.65    17%   68%   56%

2        BASF  8,446,509     3.98    7.31    20%   41%   48%

3        Becton Dickinson     6,185,402     0.16    <0.01 10%   37%   42%

4        Salzgitter      5,950,758     0.01              13%   68%   100%

5        Huntsman Corp.       5,648,513     0.31    8.01    16%   62%   96%

6        Dow Inc.       4,778,935     5.55    7.65    18%   52%   34%

7        Canopus International        4,740,512     1.42    1.45    14%   40%   95%

8        Celanese       4,448,268     1.03    8.40    14%   61%   100%

9        Berkshire Hathaway 3,485,083     2.04    0.31    15%   34%   20%

10      NOV Inc.

 

 

Looking at the top 100 water polluters index from the Political Economy Research Institute, Northrop Grumman (NYSE:NOC) is the top culprit  How do we deal with this?  The US Government rewards them with billions of dollars in contracts.

 

According to an article from Global Times, “The US used to have dozens of defense contractors before the post-Cold War merger boom. Nowadays, there are only five MIC giants that jointly dominate the US' huge arms industry - Boeing, General Dynamics, Lockheed Martin, Northrop Grumman, and Raytheon.”

 

“The "Big Five" alone routinely split more than $150 billion in Pentagon contracts annually, or nearly 20 percent of the total Pentagon budget, said an article published by The Nation in May.”

 

Toxic 100 Water Polluters Index (2022 Report, Based on 2020 Data)

(Click on column headers to re-sort table: current sort is by Toxic 100 Water Rank)

 

Toxic 100 Water Rank	Corporation	Toxic hazard (pounds released x toxicity)	Millions of pounds of toxic surface water releases	Millions of pounds discharged to public sewage treatment works	EJ: Near Poor Share	EJ: Minority Share	% of toxic hazard from a single facility
1	Northrop Grumman	148,935,444,216	<0.01	0.20	35%	11%	100%
2	LyondellBasell Industries	60,823,822,110	0.27	4.02	14%	27%	97%
3	NextEra Energy	45,021,037,511	0.02	<0.01	36%	34%	100%
4	Dow Inc.	39,668,371,826	0.36	0.18	48%	63%	97%
5	Cargill	25,038,754,640	3.04	0.44	26%	16%	99%
6	Celanese	16,847,820,281	0.07	8.84	14%	26%	100%
7	Clayton Dubilier & Rice	12,447,140,628	<0.01	0.03	61%	67%	66%
8	Huntsman Corp.	12,439,304,302	<0.01	0.02	41%	42%	100%
9	Canopus International	10,293,380,451	0.44	0.91	37%	26%	51%
10	Duke Energy	6,603,750,310	0.16		7%	4%	94%

 

 

When it comes to the actual impact of the benefits of buying an electric vehicle, there are different results based on which study you read according to Carbonbrief.org.

 

A recent working paper from a group of German researchers at the think-tank Institute for Economic Research (ifo) found that “electric vehicles will barely help cut CO2 emissions in Germany over the coming years.” It suggests that, in Germany, “the CO2 emissions of battery-electric vehicles are, in the best case, slightly higher than those of a diesel engine.”

This study was picked up in the international media, with the Wall Street Journal running an editorial titled, “Germany’s dirty green cars”. It also engendered pushback from electric vehicle advocates, with articles in Jalopnik and Autoblog, as well as individual researchers rebutting the claim.

Other recent studies of electric cars in Germany have reached the opposite conclusion. One study found that emissions from EVs have emissions up to 43% lower than diesel vehicles. Another detailed that “in all cases examined, electric cars have lower lifetime climate impacts than those with internal combustion engines”.

These differences arise from the assumptions used by researchers. As Prof Jeremy Michalek, director of the Vehicle Electrification Group at Carnegie Mellon University tells Carbon Brief, “which technology comes out on top depends on a lot of things”. These include which specific vehicles are being compared, what electricity grid mix is assumed, if marginal or average electricity emissions are used, what driving patterns are assumed, and even the weather.

 

And talking about the weather we saw the cold weather effect on electric vehicles last year in Texas. Bloomberg reported today that, “The Texas grid operator is seeking to secure an extra 3,000 megawatts of power reserves this winter to avoid an “unacceptable” risk of an emergency in extreme conditions.”

 

“The Electric Reliability Council of Texas estimates that there is an almost 20% probability that the state grid it manages will enter into an energy emergency alert, or EEA, if there is a repeat of last year’s December storm, Ercot said in a notice Monday. Procuring 3,000 megawatts will cut that probability to less than 10%.”

 

So the next time you recycle or wait a year or more for an electric vehicle that may never come and that the power grid may not be able to support, reach out to your members of Government and tell them to stop rewarding or ignoring the pollution we are facing from big corporations and hold them as accountable as they are trying to make you.

 

Visit Investorideas list of cleantech stocks including EV stocks

https://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp

 

Thanks, that’s it for today. Do something good for this beautiful planet each and every day.

 

If you would like to be a guest on this podcast and tell your story please call me at 800 665 0411

Visit the Cleantech and Climate Change Podcast page at Investorideas.com

 

The Investorideas.com podcasts are also available on iTunes (Apple Podcasts), Amazon, Audible, Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio, and most audio platforms available.

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#REE #Stock News- Defense Metals (TSXV: $DEFN.V) (OTCQB: $DFMTF) Commences Phase 2 Infrastructure Sonic, Open Pit Geotechnical, and Exploration Target Core Drilling at Wicheeda #RareEarthElement Project; @defensemetals

 

#REE #Stock News- Defense Metals (TSXV: $DEFN.V) (OTCQB: $DFMTF) Commences Phase 2 Infrastructure Sonic, Open Pit Geotechnical, and Exploration Target Core Drilling at Wicheeda #RareEarthElement Project; @defensemetals

 

Vancouver, British Columbia – October 3, 2023: Investorideas.com Newswire, -Mining/Metals/ Green Energy Stock news-  Defense Metals Corp. (“Defense Metals” or the “Company”) (TSX-V:DEFN / OTCQB:DFMTF/ 35D: FSE) is pleased to announce it has commenced Phase 2 of its planned infrastructure and open pit geotechnical drilling. Sonic overburden characterization (site infrastructure geotechnical) and diamond core drilling (open pit geotechnical and near resource exploration) is expected to be complete within 4 to 6 weeks, with results to follow. The work, with the support of the Defense Metals’ technical team and APEX Geoscience Ltd., is being completed by SRK Consulting (Canada) Inc. (“SRK”) one of the principal consultants for the preliminary feasibility study (“PFS”) regarding the Company’s Wicheeda Rare Earth Element (REE) Project located near Prince George, Canada.

 

Read this in full at https://www.investorideas.com/news/2023/mining/10031DEFN-Wicheeda-REE.asp

 

Craig Taylor, CEO of Defense Metals, commented:

 

“We are pleased to commence Phase 2 geotechnical investigations. This work will provide critical inputs for the ongoing PFS study, and in the case of exploration targets have the potential to expand resources. The Company’s technical teams and principal Engineering contractors continue to push forward keeping us on track for a planned PFS completion by the end of Q2 2024.”

 

As previously reported (see Defense Metals news release dated August 16, 2023) the SRK geotechnical investigation includes the following scopes:

 

·        Geotechnical engineering (waste rock, tailings, contact water pond, and site infrastructure geotechnical investigation),

·        Tailings alternative assessment prior to advancing into PFS-level design of a preferred alternative, and

·        Geochemical characterization (to support mine planning/waste management and to develop preliminary water chemistry predictions for the main mine facilities).

 

Currently two rigs, sonic and core drills, are operating at the Project, with sonic operations focused on overburden and bedrock characterization within the potential waste rock storage (WSF) footprint (see Image 1), and geotechnical core drilling underway with the east highwall of the proposed open pit (see Image 2).

 

With WSF drilling nearing completion, sonic operations are expected to transition to the proposed contact water pond (CWP), and crusher and conveyor footprints, followed by tailing storage facility (TSF) and TSF alternative geotechnical investigations.

 

In pit geotechnical core drilling will progress from current drilling on the east highwall, followed by south, north, and west pit walls. Drilling into the south pit wall is expected to collar in REE mineralized dolomite carbonatite. In addition, geotechnical core drilling of the west pit wall is co-purposed with testing of a high priority ground radiometric geophysical anomaly with the potential to represent undiscovered carbonatite body (see Defense Metals’ news release dated September 5, 2023).

 

 

Image 1: Sonic Infrastructure Geotechnical Drilling Underway Within WSF Area

 

Image 2: Geotechnical Drill Core from Hole WI23-80 Wicheeda REE Deposit Open Pit Highwall

 

Qualified Person

The scientific and technical information contained in this news release as it relates to the Wicheeda REE Project has been reviewed and approved by Kristopher J. Raffle, P.Geo. (B.C.), Principal and Consultant of APEX Geoscience Ltd. of Edmonton, Alberta, who is a director of Defense Metals and a “Qualified Person” as defined in NI 43-101. 

 

About the Wicheeda REE Property

Defense Metals 100% owned, 6,759-hectare (~16,702-acre) Wicheeda Project is located approximately 80 km northeast of the city of Prince George, British Columbia; population 77,000. The Wicheeda REE Project is readily accessible by all-weather gravel roads and is near infrastructure, including hydro power transmission lines and gas pipelines. The nearby Canadian National Railway and major highways allow easy access to the port facilities at Prince Rupert, the closest major North American port to Asia.

 

About Defense Metals Corp.

Defense Metals Corp. is a mineral exploration and development company focused on the development of its 100% owned Wicheeda Rare Earth Element Deposit located near Prince George, British Columbia, Canada. Defense Metals Corp. trades on the TSX Venture Exchange under the symbol “DEFN”, in the United States, trading symbol “DFMTF” on the OTCQB and in Germany on the Frankfurt Exchange under “35D”.

 

Defense Metals is a proud member of Discovery Group. For more information please visit: http://www.discoverygroup.ca/

 

For further information, please visit www.defensemetals.com or contact:

 

Todd Hanas, Bluesky Corporate Communications Ltd.

Vice President, Investor Relations

Tel: (778) 994 8072

Email: todd@blueskycorp.ca

 

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

 

Cautionary Statement Regarding “Forward-Looking” Information

This news release contains “forward‐looking information or statements” within the meaning of applicable securities laws, which may include, without limitation, statements relating to advancing the Wicheeda REE Project, the expected completion of the PFS and the expected timeline, the completion and expected timelines for sonic and geotechnical drilling and the expected results and outcomes (including the potential for undiscovered carbonatite), the technical, financial and business prospects of the Company, its project and other matters. All statements in this news release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including the price of rare earth elements, the anticipated costs and expenditures, accuracy of assay results, performance of available laboratory and other related services, future operating costs, interpretation of geological and metallurgical data, the ability to achieve its goals, that general business and economic conditions will not change in a material adverse manner, that financing will be available if and when needed and on reasonable terms. Such forward-looking information reflects the Company’s views with respect to future events and is subject to risks, uncertainties and assumptions, including the risks and uncertainties relating to the interpretation of exploration and metallurgical results, risks related to the inherent uncertainty of exploration, metallurgy and development and cost estimates, the potential for unexpected costs and expenses and those other risks filed under the Company’s profile on SEDAR at www.sedarplus.ca. While such estimates and assumptions are considered reasonable by the management of the Company, they are inherently subject to significant business, economic, competitive and regulatory uncertainties and risks. Factors that could cause actual results to differ materially from those in forward looking statements include, but are not limited to, continued availability of capital and financing and general economic, market or business conditions, adverse weather and climate conditions, failure to maintain or obtain all necessary government permits, approvals and authorizations, failure to maintain community acceptance (including First Nations),  risks relating to unanticipated operational difficulties (including failure of equipment or processes to operate in accordance with specifications or expectations, cost escalation, unavailability of personnel, materials and equipment, government action or delays in the receipt of government approvals, industrial disturbances or other job action, and unanticipated events related to health, safety and environmental matters), risks relating to inaccurate geological, metallurgical and engineering assumptions, decrease in the price of rare earth elements, the impact of Covid-19 or other viruses and diseases on the Company’s ability to operate, an inability to predict and counteract the effects of COVID-19 and other viruses and diseases on the business of the Company, the price of commodities, capital market conditions, restriction on labour and international travel and supply chains, loss of key employees, consultants, or directors, increase in costs, delayed results, litigation, and failure of counterparties to perform their contractual obligations. The Company does not undertake to update forward‐looking statements or forward‐looking information, except as required by law.

 

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure   this  DEFN news is a paid news release on investorideas.com – learn more about costs and services https://www.investorideas.com/News-Upload/  More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp  Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

 

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