The Costs of a Circular Battery Economy

What Is Slowing Us Down From Achieving a Circular Battery Economy?

Contents

1. Introduction

2. The Costs of a Circular Battery Economy

3. Concluding Remarks

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Bitesize Edition

• We’ve seen the Houthi Rebels disturb global shipping through their attacks on vessels in the Red Sea. 12% of global shipping travels through the Suez Canal and the Red Sea, and it remains to be seen in the January data of the GSCPI how much the Houthi rebels have truly disrupted global supply chains.

• One element that could arise in the future to disrupt supply chains is the rise of scarce resources. We see many states nationalizing their resource industries, or reducing exports of specific materials that will be vital in the coming years. How can we work today to secure our supply for tomorrow? The Circular Battery Economy will certainly help.

• Last week, we explored the positive aspects of the Circular Battery Economy. There are of course tradeoffs. What are the costs of the Circular Battery Economy? We’ll explore this today.

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Introduction

The circular battery economy has the potential to reduce strain on finite resources. On paper, it looks foolish to not pursue the practice, so why isn’t it yet an established practice? Today, I’ll cover the limitations of a circular battery economy.

Photo by Yiran Ding on Unsplash

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The Costs of a Circular Battery Economy

Like all situations, there are trade-offs. When it comes to the pursuit of a circular battery economy, the trade-offs are economic and time.