natural resources

Book review – Lithium: The Global Race for Battery Dominance and the New Energy Revolution

7-minute read
keywords: economics, natural resources

This is the second of a two-part review on the batteries that are powering electric vehicles (EVs). Where the previously reviewed Volt Rush gave a good general overview of the challenges and opportunities that come with mining the metals needed for batteries, Lithium takes a deeper dive into the one metal common to many different batteries on the market today. An informative book with a pragmatic outlook, it provided much more information on the dominant role of China and the large lithium reserves in South America.

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Book review – Volt Rush: The Winners and Losers in the Race to Go Green

8-minute read
keywords: economics, natural resources, reportage

The problems created by humanity’s dependence on fossil fuels are widely appreciated, and governments and businesses are now pursuing renewable energy and electric vehicles as the solution. Less appreciated is that this new infrastructure will require the mining of vast amounts of metals, creating different problems. In Volt Rush, Financial Times journalist Henry Sanderson gives a well-rounded and thought-provoking exposé of the companies and characters behind the supply chain of foremost the batteries that will power the vehicles of the future. If you think a greener and cleaner world awaits us, Volt Rush makes it clear that this is far from a given.

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Book review – A Question of Power: Electricity and the Wealth of Nations

8-minute read
keywords: natural resources

Not two weeks before I started reading this book, our neighbourhood was hit by a short power cut. It was a potent reminder of how we take electricity for granted and are utterly dependent on it. Author and journalist Robert Bryce has been writing about electricity and power for the last 30 years, publishing numerous articles and several books, and hosting the Power Hungry podcast. A Question of Power is part-history of electrification, part-reportage on current patterns of global electricity consumption, and part-outlook on the future of electricity generation, with Bryce coming out against renewables and in favour of nuclear energy. This proved to be a thought-provoking book and I disagree with some of his ideas, though not for the reasons you might think.

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Book review – The World for Sale: Money, Power and the Traders Who Barter the Earth’s Resources

8-minute read
keywords: crime, natural resources

From the food we eat and the fuel we burn to the materials that make up our everyday objects—we live in a material world. The traders who get these commodities from producers to consumers are key players in the world economy, yet also some of the most secretive and least scrutinised. Javier Blas and Jack Farchy are two journalists who report on energy and natural resources for Bloomberg News. In The World for Sale, they rip the veil off this sector, exposing the often dubious and amoral ways in which some trading houses have amassed staggering fortunes. I expect that this eye-popping exposé, which sometimes reads more like a crime novel, will be warmly welcomed by both seasoned readers of business books and inquisitive passers-by.

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Book review – The Empty Sea: The Future of the Blue Economy

7-minute read
keywords: environmental issues, natural resources

By now, most people are aware of greenwashing; the marketing spin used by companies and organisations to convince you that their products and practices and environmentally friendly when in reality they are not. In The Empty Sea, physical chemist Ilaria Perissi joins forces with her colleague, self-styled “collapsologist” Ugo Bardi, to take a hard-nosed look at the blue economy. This is the collective term for economic activities related to the sea, and there is something decidedly fishy about its promises of prosperity and abundance.

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Book review – The Rare Metals War: The Dark Side of Clean Energy and Digital Technologies

7-minute read

Normally the sight of photovoltaic panels and wind turbines fills me with hope, but I have my doubts after reading this book. Many politicians, business leaders, and environmental organisations argue that we need to invest in renewables to transition away from fossil fuels and the accompanying carbon dioxide emissions. What is rarely mentioned is that these technologies require the mining of rare metals: chemical elements such as rhenium, lithium, antimony, neodymium, tantalum, and many others that most people have barely heard of. In The Rare Metals War, French investigative journalist Guillaume Pitron sounds the alarm, showing both the environmental impact and China’s chokehold on the market.

I read this book in tandem with David S. Abraham’s slightly older The Elements of Power which I had been meaning to read for ages. Thus, this is the second of a two-part review dealing with these little-known elements that have silently come to dominate our lives.

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Book review – The Elements of Power: Gadgets, Guns, and the Struggle for a Sustainable Future in the Rare Metal Age

7-minute read

Tantalum, tellurium, indium, niobium, germanium, dysprosium, rhenium, yttrium, neodymium, titanium, lithium, tungsten, cobalt. These are but some of the many chemical elements that are collectively known as rare metals. You will probably recognize only a few of them, but trace quantities are in products and structures all around you, making things stronger, faster, and lighter. They are used to make smartphones, laptops, and fibre-optic cables; but also cars, airplanes, and military weapon systems; and even photovoltaic panels and wind turbines. We live in the Rare Metal Age, writes natural resources strategist David S. Abraham here.

I have been meaning to read this book for ages. With the recent publication of Guillaume Pitron’s The Rare Metals War, now is the right time. Thus, this is the first of a two-part review dealing with these little-known elements that have silently come to dominate our lives.

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Book review – Earth Wars: The Battle for Global Resources

7-minute read

When it comes to environmental issues, certain topics steal the limelight, with climate change, deforestation, and biodiversity loss being prominent examples. However, humans have only so much time and energy available, meaning that other, potentially more pressing problems might not get the attention they deserve. Resource depletion, specifically all the materials we dig up from the Earth’s crust, has always struck me as one of them. It is easy to underestimate just how thoroughly dependent modern civilization is on a vast range of very basic substances. As we continue to extract these at ever-accelerating rates, competition and conflict seem inevitable. Guessing by the title of this book, Australian business journalist Geoff Hiscock seems to think so too. Yet this book was not quite what I was expecting.

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Book review – Cold Rush: The Astonishing True Story of the New Quest for the Polar North

Cold Rush is one of those books that invites a facepalm and a groan of: “humans… sigh”. The Arctic turns out to be particularly sensitive to climate change – the extent of sea ice cover has been hitting record-lows in the last decade, polar bears are moving into new areas as their habitat disappears, Greenland’s glaciers are melting in record-tempo, and scientists are publicly worrying we will see the North Pole free of ice within decades. You would think that we would be concerned. Instead, the nations around the Arctic rub their hands in glee: “Look at all these business opportunities: new shipping routes, newly accessible oil, gas, and mineral reserves… oh boy, we are going to make so much money!”

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Book review – Vanishing Fish: Shifting Baselines and the Future of Global Fisheries

The phenomenon of “shifting baselines” is, to me, one of the most powerful concepts in ecology, explaining a lot of the damage humanity has wreaked on its environment. Vanishing Fish is a career-spanning collection of previously published essays, with some new material, from the pen of fisheries biologist Daniel Pauly who coined this term in 1995. And when a man like him speaks, I listen. The book gives an eye-opening overview of the state of the world’s fisheries, and the research that revealed the institutional ignorance that partially obscures the gravity of the situation.

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