A dark side of the electric vehicle boom. BYD, Tesla, Ford and Volkswagen all buy nickel from Indonesia, where environmental and human rights concerns are growing.
Tesla, BYD and VW purchase huge amounts of Nickel from Indonesia, which currently produces about 50% of world output and is aiming for 75% by 2040. A massive amount of coal is used to power nickel smelting. At three of the biggest nickel industrial parks – Obi Island, Morowali and Weda Bay – the country has planned to double the nickel industry's current power usage. The amount being invested in renewable energy projects to power the nickel industry is just a fraction of the investment in coal.
The fallacy of using coal to power the 'green vehicle' revolution is not lost on Shennum.
"At Weda Bay Industrial Park, once it's fully operational, there will be 12 new captive coal plants that didn't exist five years ago," she says. "That's 3.8 gigawatts of coal capacity, or roughly what is burned in all of Spain every year, just at this one industrial park in Indonesia."
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