40% of global ship traffic is simply moving fossil fuels around! Reduction and renewables could make much of this traffic obsolete
40% of global ship traffic is simply moving fossil fuels around! Reduction and renewables could make much of this traffic obsolete
The data is from UNCTAD
Small clarification. My understanding is that it’s 40% by weight of goods carried, not 40% of ships. So still massive chunk, but not quite the same metric. Also some of those ships would still presumably be messed to move batteries and solar panels, At least for a while until we have enough for a closed loop recycling system (we can recycle like 99% of the lithium from lithium batteries, no idea how emerging sodium batteries will affect things)
Which is still all due to investors not looking longer than 2 years since all of the crashing companies except Northvolt are startups. Lithium prices will always rise again at a much much higher rate than sodium.
Sodium was always better for grid storage due to temperature charging and discharging and still plenty cheaper than Lithium Iron Phosphate that it is a replacement for.