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Comment by vlovich123

4 days ago

Well without that mining batteries will run out of cost effective materials quite quick and temper the ability to hit the demand necessary to decarbonize the grid. There’s also complicated legal matters since a lot of this happens in international waters. Oh, and the body that nominally regulates the matter has been clearly regulatory captured and is handing out mining licenses left and right. So while it might be nice to hypothesize what a sensible regulatory framework might look like, what’s actually happening is “full steam ahead” mining. It’s really bleak.