Easy resolution is we will’t do renewable power the way in which it’s being ‘deliberate’

Easy resolution is we will’t do renewable power the way in which it’s being ‘deliberate’

The shift to renewable energy can’t be done as “planned” due to a lack of resources and manufacturing capacity to make the lithium-ion batteries needed for the change, says Geological Survey of Finland Associate Prof Simon Michaux.

Researchers in Australia and Europe have found there are not enough lithium-ion reserves to create all the batteries required to power approximately 1.39 billion EVs and renewables – as the Labor government pushes for net zero.

“We don’t have the reserves in the ground, but we also don’t have the manufacturing capacity in the global system to do that very quickly,” he told Sky News host Chris Kenny.

“And so, the real problem is we are out of time not just out of money.”