National Security & Environmental Risks

Washington State and 11 other states have banned the use of ICE engines starting in eight years. Why would any business invest in improvements to their oil pumping and refining infrastructure or try to find ways to build more efficient engines knowing that? I also am very concerned about our environment, but lithium has been overhyped – it requires extremely damaging strip mining and toxic leach fields – https://www.euronews.com/green/2022/02/01/south-america-s-lithium-fields-reveal-the-dark-side-of-our-electric-future. Batteries and electricity certainly have their place, but there are very high environmental costs there too. Keep in mind that our national security would be at much higher risk if we had to rely on the electrical grid alone for transportation… it is far more vulnerable than hydrocarbon based transportation. Reducing regulations and pie in the sky legislation will improve the environment and national security. Thoughts?

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Joel Gross

Joel Gross is the CEO of Coalition Technologies.