Batteries are at the core of renewable energy because they are needed to offset the intermittency of wind and solar. The problem with batteries from an environmental perspective is that the requisite mining is just as bad as fossil fuel mining and extraction but the the good news is that about 90% of the batteries can be recycled. Initially there will be a lot of mining but as green energy takes over from fossil energy a large enough stock of batteries will exist that most new batteries will be made from old. I expect this transition to take a decade or more.
The most visible transition to green energy is the re-emergence of EVs and the second wave will be battery storage which is in its infancy. The other technologies that have markets abuzz are much less predictable, self driving and robo-taxies for example, and I’m not counting on them for my portfolio.
Tesla is the leader in the transition to green energy and it’s at the core of my portfolio.On the periphery I’m using stocks like Li-Cycle Holdings Corp. (LICY) and TuSimple Holdings Inc. (TSP) to generate income via covered calls.
Li-Cycle, Northvolt, and Ganfeng Lithium are among those building recycling plants, spurred by environmental and supply-chain concerns
https://spectrum.ieee.org/lithiumion-battery-recycling-final…
The Captain