The Dirty, Deadly Side of China's Overseas Nickel Industry

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Nickel is a critical component of the batteries that power electric cars, and Indonesia has become a global giant in producing the mineral. But there is a dirty and sometimes deadly secret behind this success story. Environmentalists accuse Indonesia's nickel industry of flouting regulations intended to protect ecologically sensitive islands, and fatal accidents at Chinese-owned mining facilities are not uncommon. Bloomberg News looks into how a key part of the green transition is coming with such a high price.
Read more about The Deadly Mining Complex Powering the EV Revolution on Bloomberg: www.bloomberg.com/features/20...
00:00 - 1:20 Introduction
01:21 - 02:38 Indonesia’s nickel industry
02:39 - 03:05 Impact on the local economy
03:06- 05:17 What are the environmental and health concerns?
05:18- 08:26 Documenting unsafe conditions for workers
08:27-10:39 Worker protests and complaints
10:40 Indonesia’s support for nickel downstreaming industry
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Опубликовано:

25 июн 2024

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Комментарии : 530

@business 8 дней назад

Read more about Indonesia's Deadly Mining Complex Powering the EV Revolution: www.bloomberg.com/features/2024-indonesia-sulawesi-nickel-fire/?srnd=homepage-asia&sref=zU1fOhDr? Get unlimited access to Bloomberg.com for $1.99/month for the first 3 months: www.bloomberg.com/subscriptions?in_source=RU-vidOriginals

@HobbyOrganist 8 дней назад

LiFePO4 batteries are cheaper than other lithium-ion batteries because they use iron instead of cobalt or nickel as the main component of the cathode material. Iron is more abundant and less expensive than cobalt or nickel. These are the newer batteries, they are safer, hold more charge, and cheaper to manufacture. Nickel and all metals are RECYCLABLE anyway.

@JohnGeometresMaximos 8 дней назад

What happens to all the "dead" car batteries? Do we have the technology to recycle them? To what extent? 100% If not, what happens to the non-recyclable waste?

@manu.yt25 8 дней назад

Nickel is not even needed in the newest and most popular battery chemistry. Clickbait Bloomberg with hidden interests....

@zodiacfml 7 дней назад

propaganda. coal and other mining activities are as bad. Additionally, EVs in the West are slowly transitioning away from nickel based batteries. Most EVs in China don't use nickel or cobalt.

@adityac3239 6 дней назад

@@HobbyOrganist LFP is cheaper and less prone to thermal runaway, but Li-ion battery with NMC has higher capacity with the same kg (higher energy density ~250 Wh/kg vs LFP's 150-160 or so). So it depends what kind of application is it required for. LFP definitely is a win for stationary storage, but for EV which want to have long range with same weight / space constraint I don't think LFP has cracked it yet (say 80 kWh capacity requirement). Lower end electric cars indeed use LFP, trading off capacity (only 40-50kWh) for its cheaper battery cost

@giosasso 8 дней назад

Indonesia is where the US was in the early 1900s when Ford was building factories. Do you think Ford was thinking about the environment? The one thing that well off people don't realize is that people who are poor don't give a f*ck about the environment if they are struggling to survive. They don't care, and neither would you. Anybody who looks down upon poor countries who are now starting to pollute and sell their resources are disconnected from reality and they are hypocrites. These countries are doing now what the US and other Western countries have been doing for the past 150 years in order to become an advanced civilization. If your family was barely getting by, I assure you that every single one of us would do the same and not think twice

@navsenjoy 8 дней назад

Totally agree. Further as per them such conditions never ever exist in so called developed countries😊

@dirtfarmstudio9829 8 дней назад

global south exploited by elite commonly from the west

@youxkio 8 дней назад

Today there is no place for ignorance and the Chinese mining corporations have the conditions to apply safety procedures. for the environment and humans. There is no reason for Chinese corporations to exercise their operations without safety just to save another penny at the cost of environmental health!

@esgikey 8 дней назад

Agree!! Can you imagine industrial revolution (in 1800s Europe) happen without cutting down the trees or burning coal? hahahahha...

@h4lcyo 8 дней назад

That's correct. Thank you for exposing the hypocrisy. People in the global south need to industrialised and make cash.

@sleepymeow7156 8 дней назад

If America is the world biggest EV producer, then we will never see such report from Bloomberg... probably nothing 🤦‍♂

@bigpapa4790 8 дней назад

Yea, nobody ever shits on America ... /s

@satpolpp1 8 дней назад

Or if the names of the plants are not chinese

@freemanol 8 дней назад

The US trying to blackwash EVs and green tech. It's pathetic

@ihmpall 8 дней назад

It literally showed Tesla and ford . What are you talking about ?

@zilfondel 8 дней назад

@@ihmpallTesla in Fords are not made in Indonesia. Do you know where their metals are sourced from? They was zero information discussed or presented in the video beyond, "hey look at how polluted this third world heavy I did trial sector is." Have you been to Fort McMurray in Canada, where they mine and process oil shake? It's far more polluted than this place and stretches across thousands of square miles.

@agnesw4189 8 дней назад

This video is clearly made to discredit the biggest EV battery producer, right after the recent tariff hikes....come on 🇺🇸 you can do better than this.

@100c0c 8 дней назад

They showed Tesla in the video.

@beratnabodhi 8 дней назад

And the Musk sycophant fan boi speaks up to defend the idol. 😂

@agnesw4189 8 дней назад

@@beratnabodhi Some fan bois doesn't know that Tesla assembles in Shanghai too that's why.

@MrTeff999 7 дней назад

Bloomberg is a private company, not an arm of the US. Government. And not all US citizens think alike.

@orionbetelgeuse1937 6 дней назад

so, the situation in the documentary is real or not?

@omega7arts 8 дней назад

Video sponsored by the oil industry...

@pr520 8 дней назад

It's a coal problem, not a nickel one. And Indonesia will swipe to clean energy. And, LFP battery (without nickel and cobalt) are coming. Byd and Tesla are the first to use it. Conclusion : how much money Bloomberg received from oil/gas industry ?

@SpaceXChannel1977 8 дней назад

You should make a new content "The Dirty, Deadly Secret Behind Fossil Fuel Cars for 100 years"

@pr520 8 дней назад

@Ididntwantahandle 7 дней назад

Yeah, but those industries have some tie to bloomberg, so they wouldn't write the truth.

@mikeshafer 7 дней назад

YES! This 100%. Why isn't anyone focusing on how amazing EVs are versus gas. If both EVs and gas cars started out right now, you would have to make the argument that you have to drill this black goo out of the earth on the far side of the world, transport it across the oceans, spend ridiculous amounts of energy refining it, then ship it via truck or pipeline to others parts of the country, bury it back into the ground and then have people pump out toxic gas into the atmosphere. EVs: install solar on your roof, charge up at home, go really fast nice and quiet, no maintenance.

@robertmarmaduke186 7 дней назад

Better ... The Dirty Little Secret When $35,000 Replacement Battery Pack On Your $85,000 EV Kraps Out _ 😂🎉

@robertmarmaduke186 7 дней назад

@@mikeshaferProvided you have $85,000 for an EV with no dealership maintenance and another $35,000 every 100,000 miles to send it back to Elondia for a new battery pack and service upgrade, while you hail Lyft for 8 weeks. "Come on, baby needs a new pair of _shoes!"_

@raokaibin 8 дней назад

this is a typical "but at what cost" article, probably sponsored by some oil giant

@pr520 8 дней назад

@watchWorld100 8 дней назад

yes, possible.

@aBOOBaMUSIC 8 дней назад

but is it a lie?

@tomas_klouda 8 дней назад

@@aBOOBaMUSIC no, not a lie. But as some commenter from Indonesia pointed out here, these companies are there for decades and these issues are there since beginning. So the real question is why western media were not interested in reporting about that till now? He said the government recently banned the export of the raw ore as they want to force companies to build smelters there and have higher profit from it. Also Nickel is used in multitude of applications, so why choosing EVs? Especially when battery manufacturers are actually moving away from Nickel based batteries and significantly reduced the amount of it in the batteries in last 5 years. Everything is pointing to this being sponsored by someone who don't like EVs🤷‍♂

@IllusionistsBane 13 часов назад

Or by Western Nickel mining companies who had to close down mines because their operating costs are too expensive for the current market price.

@MohaymenShoaib 8 дней назад

This video sponsored by Oil Industry.

@pr520 8 дней назад

@DeleLang 8 дней назад

Seems like a report sponsored by Oil companies.

@SigFigNewton 8 дней назад

Like how we hear about every single EV fire and almost nobody learns that EVs are actually far LESS likely to catch fire

@diazutube 8 дней назад

so true.. even the framing around health and safety is misdirecting 😂😂

@william2220 8 дней назад

Bloomberg content for sale

@VideoAmericanStyle 8 дней назад

That's idiotic. Where in this video is there ANY defense of oil companies at all?

@pr520 8 дней назад

@ldon4002 8 дней назад

Who controls Bloomberg? If you know the money behind Bloomberg, then you understand their reports.

@pr520 8 дней назад

@aBOOBaMUSIC 8 дней назад

is the report plausible?

@_bearcat 8 дней назад

Tell us more then

@squibbelsmcjohnson 8 дней назад

@@aBOOBaMUSICno because America has been involved long before China 😂...but because China is involved now media wants to talk about it

@pjacobsen1000 3 дня назад

"If you know the money behind Bloomberg". I know the money behind Bloomberg, and a simple Google search can let everybody know: Bloomberg is a privately held company. It is majority owned by its founder, Michael Bloomberg, who owns 88% of the company. Bloomberg is primarily a financial news organization, but also reports on general business and economic news. Bloomberg's primary income comes from the 'Bloomberg Terminal', a kind of connected screen that gives its customers real-time stock quotes and a multitude of other real-time financial information.

@alejandrocamargo1942 8 дней назад

Can't believe Bloomberg fell for clickbait titles. Such low standards. This is a story of bad mining practices, government oversight, unsafe work conditions, poverty, and inequality. EV's are not the problem. Bad policy is the problem.

@beratnabodhi 8 дней назад

Without demand, there wouldn't be a need for supply. That's called interconnectedness. And without corporations bribing the government, there might not be so much corruption.

@sendoh7x 8 дней назад

Correct. This is exactly what I'm thinking

@user-fm6ns5nb4j 8 дней назад

Nickel is used to make stainless steel, turbine blades, high pressure / high temperature pipes, all kinds of things - why hang the story on EVs?

@ankhenaten2 8 дней назад

Ev's are unsustainable technology and also the electric grid cannot even handle 20% of all car's being electric, the grid would melt down from the current drain.

@j4k3br4k3 8 дней назад

This is anti ev propaganda sponsered by big oil.

@SolyomSzava 8 дней назад

Two thirds of global nickel use goes into making stainless steel, of which the fossil fuel industry is a massive consumer.

@muktadirbhuyan7281 8 дней назад

Stainless steel is an absolute necessity, EV are not .

@who2u333 7 дней назад

@@muktadirbhuyan7281 Unless you want to walk, EVs are a necessity.

@robertmarmaduke186 7 дней назад

...of which the American consumer is a primary consumer.!... If you're going to be a Maoist, move to North Korea!

@sondrejohansen48 6 дней назад

@@muktadirbhuyan7281EVs are a necessity but the current resource sourcing is flawed, that is the argument here. In fact the same is true about chocolates, mobiles phone and many more, the sourcing system is flawed but in those cases, it is improving. Another thing is, BEVs are not the only EV technology, there is Hydrogen which is a much better technology but the infrastructure does not exist and it is still many decades away. Some cars and trucks do exist in market but they are sold in just few states in US and a few cities in UK

@muktadirbhuyan7281 6 дней назад

@@sondrejohansen48 I can agree with that, I am an advocate for PHEV which I own one it give 40km of electric range which covers my daily drive and for long drive I rely on the ICE engine. There is zero charging infrastructure where I live for a BEV is absolutely no go. People needs to understand Amarica is not the and an EV is an absolutely unthinkable in third world country or a developing country due to cost and lack of infrastructure.

@djggl1337 8 дней назад

OK, after watching half of the clip, I got the idea. So this is to implied the critics to China for the safety problem in nickel industry in Indonesia. Let's imagine if Europian or American companies own the nickel mines instead of China. I bet nothing will be better, except that there'll be no more clips and news to report this "Read more about Indonesia's Deadly Mining...". We all know that everything in RU-vid would be "wrong" in those eyes if it relates to China unless we critisize China.

@waqasakhtar7592 8 дней назад

Can you show a coal mine or oil drilling sites? This is just plain BS....

@mattyp6908 8 дней назад

Let’s not pretend Indonesia was some leading figure in preventing destruction of the environment either before or outside of this industry

@gamesndrinks 8 дней назад

Exactly. Working conditions were abysmal for centuries

@Coz131 8 дней назад

@@gamesndrinks The issue is that there are more than enough profits to put more effort into safety. It's sad.

@MaxMustermann-yj1wz 8 дней назад

If you dont consume the Oil somebody else will do that. 💩 crazy people everywhere...

@somerandomfella 8 дней назад

That's no excuse to cause further destruction.

@freemanol 8 дней назад

Well then give them a chance, invest and build production centres there rather than just mining and importing their natural resources. Not just china but also western countries

@paulmeier8852 8 дней назад

Just google those mines, they are absolutely tiny. The environmental impact is negligible in comparison to the massive mines we have in the west or to what other countries do to the rain forest. Absolutely biased and paid report.

@ianross806 4 дня назад

Coal-fired production and tailings.

@Luvinist 8 дней назад

When the cars are made by China, suddenly the West has concerns about the environmental cost. Where was this concern 40 years ago?

@SigFigNewton 8 дней назад

Relax it’s not anti China propaganda, it’s pro oil propaganda

@Neojhun 4 дня назад

Yet many of the EVs from China use batteries than contain Zero Nickel & Cobalt.

@joepotentier 8 дней назад

Doomberg for real

@JogBird 8 дней назад

its a problem because china is benefiting

@verypleasantguy 8 дней назад

The Western Motive: When you can't win them, destroy them !

@dogger37JC 8 дней назад

Yea right the west is so perfect 😂😂😂

@verypleasantguy 8 дней назад

@@grapesurgeon You're right ! The West constantly criticizes itself for failing to defeat China

@havencat9337 7 дней назад

yea...its a problem that america dog doesnt control and take money out of this

@OneManOnFire 8 дней назад

I'm just here to read the comments

@SonyThamrin 8 дней назад

For local people, they are very afraid of poverty and hunger. They prefer to work in mines, even though the risks are high. This happens in all Nickel, Gold, Copper, Bauxite, Sulfur and Coal mining locations in Indonesia. Do you know the risks of Coal mining in Kalimantan? Gold and Copper mines in Papua? Or the Sulfur mine on Mount Ijen? All situation are the same.

@cobacoba1566 8 дней назад

if only Bloomberg was truly an environmental defender and not a profit fighter.

@blessingndlovu9037 8 дней назад

This short documentary is proudly sponsored by American oil companies 😂

@metanews7656 5 дней назад

and the CIA

@matthewm8289 8 дней назад

Australia has enough nickel for the entire world for 500 years atleast, but it costs 1% more than indonesia, so BHP wont dig it up.

@pjacobsen1000 3 дня назад

It's a money losing business in Australia, that's why there's not a lot of mining going on there.

@zando5108 8 дней назад

Shoddy unethical mining practices in third world countries only ever exist in EV suppliers!!!

@Entertainment- 8 дней назад

sure bud

@Neojhun 4 дня назад

@@Entertainment- Quite sure it was sarcastic. As clearly EVs is not is the biggest consumer of these resources.

@chemx__O__o 8 дней назад

Now do Oil industry+ Cobalt that goes into the oil industry, bet you didn't know they use the vast majority of cobalt. And then do one about how much taxpayers subsidies this industry that waste 70%+ of all energy to get to the 30% that gets turned into oil products

@tusarholden8426 8 дней назад

More pro oil cr*p. There are about 15 new batteries in the pipeline, and most of them don't use nickel or lithium.

@TechManPat 8 дней назад

Tesla uses LFP batteries which contains neither nickel nor cobalt, both of which are supply-constrained and expensive. As with lithium, human rights and environmental concerns have been raised concerning the use of cobalt. Environmental concerns have also been raised regarding the extraction of nickel.

@Ididntwantahandle 7 дней назад

A man of culture I see. 😊

@AshlinPAULVARGHESE 8 дней назад

Oil company paid propaganda has started.

@rockets4kids 5 дней назад

The oil companies know full well electric vehicles are not their competition, and EVs are a fabulous distraction from the real problem of a society based around ownership of an automobile. The longer that problem remains hidden, the more *everyone* in business wins.

@andrikurniawan531 8 дней назад

unfortunatelly nikel from here mostly use for china steel manufacture not ev battery

@dennisatkins9666 8 дней назад

I have never owned a car this is my contribution to a greener planet.

@SigFigNewton 8 дней назад

Hey, we’ll take it

@bukanianantono 8 дней назад

that is great bro 😂

@dennisatkins9666 8 дней назад

The More organized you Are , The better your life will Be

@xDUnPr3diCtabl3 8 дней назад

This is the way.

@jh-sink 8 дней назад

Odd that there's no mention of LFP batteries, which are rapidly becoming mainstream and don't use any Nickel at all (and no Cobalt either).

@j4k3br4k3 8 дней назад

There wouldnt be a sensational hit piece on EVs if we talked about LFP 😂

@holland_a_march 8 дней назад

These nickel and copper mines make your average oil rigs look like a botanic garden

@user-rs2yy5cg1i 8 дней назад

why

@mcwally514 8 дней назад

A black slick garden that is.

@hannes_k5666 8 дней назад

I would say one better compares the environmental impact of fuel in the light of regular oil spills that happen. Just like the one in Singapore right now. Not very good either.

@SigFigNewton 8 дней назад

Still not as bad as putting greenhouse gases into the atmosphere

@chriswilliams8607 8 дней назад

This is ridiculous nonsense, you have no clue what ressources are wasted to get one single barrel of oil out of the ground. The fight against EVs is a ridiculous organized campaign, big oil's final battle to delay their adoption.

@freemanol 8 дней назад

no mention of the Grasberg mine? Freeport-McMoRan, an American mining company, has been causing an environmental disaster by dumping toxic waste into the river this is no ordinary mine, it's one of the largest in the world, and the US government is well involved in the deal to lease the mine

@LoVeViruSs 8 дней назад

What about the 100 years of destruction when West started the oil revolution era

@SigFigNewton 8 дней назад

Lol at the idea that the destruction from oil ceased at some point

@TechManPat 8 дней назад

Tesla moved to LFP batteries. "LFP contains neither nickel nor cobalt, both of which are supply-constrained and expensive. As with lithium, human rights and environmental concerns have been raised concerning the use of cobalt. Environmental concerns have also been raised regarding the extraction of nickel."

@beratnabodhi 8 дней назад

We will coup who we want." ~Elon Musk

@user-tx9zg5mz5p 8 дней назад

They weren't the first ones 😂

@JackFrost008 8 дней назад

lithium mining is just as bad

@squibbelsmcjohnson 8 дней назад

Salt batteries are the future. Have enough to last thousands of years

@Neojhun 4 дня назад

@@beratnabodhi LOL nice out of context quoting of a public TWEET. He's just referring USA long history of Coups in south America.

@micesserono2966 8 дней назад

Not perfect, but your title against EVs is misleading: we need to build a battery once not every time we need to drive...

@johntheman9842 8 дней назад

still better than oils. Did you get paid by oil companies to make this video?

@metegenezz 8 дней назад

That was the easiest propaganda that can be detected in recent years. 200 years, west mined these places without question. If any brand than republican(for the far left) tesla or byd won the race, this video wouldnt exist :D

@TB-up4xi 7 дней назад

What a beatup story 84% of nickel is used in alloys and metal plating only 15% of Nickel is used to make batteries (of all types including disposable and phones etc) less than 5% is used to make car batteries. More than 95% of this story has zero to do with electric cars. Poor reporting to the extreme.

@Liboch 8 дней назад

As though oil extraction including from shale and refining are cleaner than this.

@reggie2261 8 дней назад

Indonesian nickel industry had been in existence for decades long before electric 🚗 so exposing dirty secrets of nickel on EV is misleading. Remember COVID 19 shutdown. Cities around the world had their air quality vastly improved when gas guzzlers weren’t polluting

@drttgb4955 8 дней назад

Current status of Deep Water Horizon Oil Spill. Or how about deforestation for Palm oil for Green Diesel. Use of this cobalt in the fossil fuel industry ?

@SigFigNewton 8 дней назад

Don’t expect that kind of fairness from Bloomberg.

@viktorianas 8 дней назад

Mining of any sort is dangerous and environmentally hazardous, do NOT spread FUD on EVs just because 3rd world countries do NOT care about safety or environment, instead better suggest how to improve mining conditions in these countries! What do you suggest?? Better burn fossil fuels for next centuries??

@storytimewithunclekumaran5004 8 дней назад

yes using fossil fuel directly cuts out all the middle men. NOTHING ON EARTH CAN BE BUILT OR DONE WITHOUT FOSSIL FUEL. WE HAVE PERFECTED IT. TIME TO ENJOY IT.

@peterisawesomeplease 8 дней назад

@@storytimewithunclekumaran5004 It doesn't cut out the middle men. You still have to mine the fuel. And the overall environmental impact has been studied over and over. And in basically every respect air quality, water quality, land use, bio diversity, climate change ... even with all of the cost of building batteries and generating the electricity for them they still end up cleaner.

@dogger37JC 8 дней назад

@@peterisawesomepleaseBullshit.

@peterisawesomeplease 8 дней назад

@@dogger37JC i mean do your own research. Kinda hard to give reasonable good evidence in youtube commetns. I forget can you even post links.

@GurungyNoHamuster 8 дней назад

Internal combustion vehicle sales peaked in 2017. Your campaign to turn back the clock will fail.

@bambang303378 5 дней назад

Freeport is doing the same thing with cooper in Papua. Bloomberg is not saying anything. It is probably because Freeport is a US company not Chinese company.

@thanhngo5859 8 дней назад

LFP chemistry is the alternative.

@edugames1238 5 дней назад

It’s important to talk about these things, but one imagines if Bloomberg will ever make the same videos about the COUNTLESS crimes and abuses US companies and the US government commit every day

@darkmatter5424 4 дня назад

I'm pretty sure these concerns will not be brought to life if it were the EU corporations exploiting those Indonesian mines. This is after all a geopolitical case above all else. 😅

@riskyandriotobriyanto2085 8 дней назад

Go Indonesia, one side story being pushed by those who are fear of Indonesia strength. Keep it going

@laioren 8 дней назад

Okay, now do a video comparing all of the negative impacts between nickel mining and refining versus all oil mining and refining (just for internal combustion engine purposes). I'll wait... Oh, wait... You won't do that because then you completely use the emotionally motivated purpose for producing politically-titled videos like this.

@dogger37JC 8 дней назад

Where are they saying this is better than fossil fuels?

@laioren 8 дней назад

@@dogger37JC In the title. "The Dirty, Deadly Secret Behind Electric Cars." That title was specifically chosen so that people who are politically aligned with "anti-EV" sentiment would be drawn to the video. Then, this video becomes a weaponized example for people who don't know anything to throw at other people who aren't well-read enough. And if Bloomberg is reading this, and you want to prove that that isn't the case, then just update the title to something that's both more factual accurate and less politicized, like, "Negative Externalities Which Arise from All Mining Resource Cultivation with a Focus on Nickel." Hmmm... Weird that they didn't go with that title. Almost like there was some kind of agenda involved...

@dogger37JC 4 дня назад

@@laioren Nothing that you wrote answers my question.

@laioren 4 дня назад

@@dogger37JC You are incorrect. "Where are they saying this is better than fossil fuels?" Answer: "In the title."

@andrewm190E 8 дней назад

Meanwhile...the Tesla Model 3 and Model Y RWD use LFP batteries with absolutely NO nickel or cobalt in them.

@tooltalk 6 дней назад

About 60% of Tesla EVs use high-nickel batteries, including 4680's that power the Cybertruck!

@moonguyrt 8 дней назад

They tried to make this seem sooo bad but… should look into how shoes are made… or basically anything else. 100x worse. Go see how chickens are farmed…

@mrvedejo 3 дня назад

Will highly recommend everyone to finish the video before reading the comments section. The impacts of Fossil Fuel extraction and mining is well documented. Contrary to the comment section, this video did not deny any of those impacts and did not even compare Electric versus Fossil Fuel. This video is purely on the impacts of EV production. It is not saying that EVs are better, worse or different from Fossil Fuel

@andrew20146 3 дня назад

It's a bit misleading to describe nickel as 'crucial' for making EV batteries. While some EV batteries use nickel, many, if not most EV batteries do not use any nickel (or cobalt) at all, namely Lithium Iron Phosphate.

@Entertainment- 8 дней назад

As countries become wealthier they tend to care more about the environment.

@SigFigNewton 8 дней назад

Caring about the distant future is a luxury that those just hoping to eat today do not have

@reiddickson 7 дней назад

This has often been true regarding national policy, but on a personal level, research shows there isn't a strong correlation. 16-25 year olds surveyed on opinions about climate change and the environment had some surprising findings: 1) India, the Philippines, and Brazil topped the list for percentage of young adults who agreed with the statement "Humanity is doomed" (again, this was when they were surveyed in the context of climate change & environmental health). These countries far exceeded the global average while Finland, the US, France, and Australia, to point to four examples, fell below the global average. These countries are also highly susceptible to the risks of climate change and land degradation. 2) Philippines, Brazil, Portugal, and India also topped the list for percentage of young adults who agreed with the statement "The future is frightening". Again, certain countries like Finland and the US were near the bottom of the list. 3) Brazil and the Philippines again topped the list for those who agreed with the statement "I'm hesitant to have children". It's actually surprising how many people in low-income and middle-income countries care about the environment. Sometimes their concerns do manifest in national policies that are more aggressive on climate change & environmental health than what we find in many high-income countries.

@Hyperion1040 5 дней назад

Nickel is the new coal just as dirty as old source of energy

@svenlima 8 дней назад

Don't forget: The place where your house and your car port and your swimming pool are located was once forrest or farmland. How do you go from your house to your work place and to do shopping? By public transport or with your air polluting car?

@offreal30 4 дня назад

I hope that in the future, RU-vid will provide automatic video tagging based on comments, such as "trustworthy" and "misleading."

@ahjxhdkns 8 дней назад

Its so obvious too that the nickel factory fire was somekind of clandestine operation.

@Neojhun 4 дня назад

LiFePO4 Lithium Iron Phosphate. As the chemical formula dictates, has ZERO Nickel.

@jamesbywater 8 дней назад

None of this was ever mentioned in any sustainability report I’ve read.

@johnsutherland7561 7 дней назад

Governments are usually in charge of regulating work place safety

@LXTstudio 8 дней назад

Nice hit piece

@ldine783 8 дней назад

Health and safety could be better.

@JKumar2345 6 дней назад

The resolution would be harvesting polymetalic nodules from the clarion clipperton zone. The Metals Company is a publicly traded company that has a license to explore this area, and will soon apply for a license to harvest these nodules

@dougaldouglas8842 7 дней назад

Welcome to this countries Industrial Revolution, and what is happening here is no different, indeed lesser. Man and greed. We continue to have those amongst us that care not for anything but what they can get, no matter what the cost

@mikeshafer 7 дней назад

Really nothing new here. If you think EVs are bad for the environment, just wait until you see how bad the oil industry has been! At least with EVs are are constantly innovating on better, more sustainable batteries. How much has oil changed in the past 100 years?

@rare_wubbox360 8 дней назад

Nothing to sneze about.. if true.. but: The mining and burning of stuff for regular cars is so much worse its kind of redicolous

@Peizxcv 5 дней назад

Did they changed the title from clickbait "EV is bad" to "China"?

@chaot7777 5 дней назад

Of course this is not nice and conditions for workers should be improved but if thats the tradeoff for all the wars, environmental destructions and human rights issues caused by the oil indutry this is the far better deal for mankind. And best thing about it is that once mined, Nickel is not burned like oil, it can be recycled with a rate up to 100%.

@jamesdean433 8 дней назад

The whole world is already moving to LFP batteries which doesn’t contain Nickel

@nicholasr.6568 8 дней назад

Wasn't this talked about four years ago? Wasn't this the reason for the coup in Bolivia? Is this a surprise to anyone?

@Npc-AA 6 дней назад

As Chinese, I m happy that ppl are gradually know the hypocrisy of westerners.

@soowo5942 8 дней назад

At what cost?

@emptymannull 8 дней назад

4 problems here, are under government control to fix: poor energy policy, poor environmental policy, poor worker safety policy, and poor health policy. They can fix it.

@Nabil-ef7lo 6 дней назад

Simple, we in the third world invest the money for further economic growth to become developed countries, we can't afford to wait since our population getting older and will lead us to middle income trap if we fail to maximize growth

@bchilenje 7 дней назад

Nickel steel is used for armour plating. Other alloys of nickel are used in boat propeller shafts and turbine blades. Nickel is used in batteries, including rechargeable nickel-cadmium batteries and nickel-metal hydride batteries used in hybrid vehicles. Nickel has a long history of being used in coins. Why are batteries only targetted here?

@PilotVBall 8 дней назад

This fluff piece was funded by the oil companies.

@verypleasantguy 8 дней назад

With the approval of the State Department, CIA, the Western Media conglomerates, and *_deep state_*

@korgmangeek 7 дней назад

Who imagined that Bloomberg will criticise globalisation and has feeling for ecology?

@adityac3239 6 дней назад

Let's not forget that Indonesia didn't close its doors to anyone else willing to invest and shows how it can be done properly. Only now after massive Chinese investment did everyone cry foul. Don't forget that one of the largest nickel mine (and some downstream processing) in Indonesia was invested in by Inco from Canada since the 1970s - now this come's under Vale (Brazilian mingin company). This started way back when usage was mostly for pig iron. For that, bash all you want but without putting an alternative investment the words ring a bit empty. And everything is about the full life cycle, you don't use a car for 1 month and ditch it, so not transitioning to EV is not the solution. Even with coal powered electricity, the combustion at the coal plant is surely still more favourable compared to IC engines...

@beyondfossil 2 дня назад

Bloomberg editorial: what kickbacks did you get to put out this fossil-fuel hit piece?

@jowhite2284 7 дней назад

'This has been a big economic success story, despite the environmental and human cost'.

@somerandomfella 8 дней назад

No mention of the deforestation or river pollution.

@Ididntwantahandle 7 дней назад

Yeah from all the foil feul producers.

@ceridangauv3955 7 дней назад

Instead of blaming the nickel demand, blame the lack of safety regulations.

@xiaoranmo7308 8 дней назад

So economic development and environmental degradation or unemployment and perfect environment

@SigFigNewton 8 дней назад

Correct. Our employment obsession must end. Jobs being essential is an idea ultimately sold to us mostly to provide capital with labor

@naturegoggle 8 дней назад

The mining companies can do much better to prevent or reduce health/env hazards here. Still EV's causing less pollution in the cities makes it worth the risk. It's the early days of battery industry and frankly much better than early days of gas industry. A small price to pay for a better and greener future. What is the alternative? Again, better processes and regular checks are necessary to make working conditions safer.

@kreativechaos7606 8 дней назад

Wish similar videos are made for Oil

@にちす 4 дня назад

it's not selling to the eu and the us as much as it is to china because of all the restrictions on the self processing in Indonesia. these EU and the us, i tell you are hypocritic, they about what they get out of even the deadliest situation

@moereese5254 8 дней назад

Funded by Saudi Arabia.

@kennyl2967 5 дней назад

Bloomberg should report more about environmental impact of oil fracking in US then to mind other countries’ business. The bottom line is any kind of mining will damage the earth. The mining industry flourished because there is demand. If we drive less, eat less we will cause less damages to the earth and environment. 😂😂

@willm5814 8 дней назад

This hit piece is sponsored by big oil - don’t be fooled

@mgronich948 2 дня назад

Bloomberg is criticizing Indonesia for forcing Chinese and other nickle producers to set up processing plants inside Indonesia. And yes there have been industrial accidents and polution. But the econom of that 1 island where there's nickle grew 600% in 5 years. People can have running water, electricity, a refrigerator. And as they get richer both the pollution and the accident rate will drop, as it has in China. At a growth rate of 600% in 5 years, wait another 5 years and they will have airconditioning and driving the low cost EV's from China. Europe wants Indonesia to sell raw nickle ore to be processed in Europe. This policy is designed keep Indonesians perpetually poor. Indonesia is doing absolutely the right thing for the people of Indonesia. This is a stark difference between European/US investment policy and China investment policy. Western policy is to exploit the global south for raw materials and keep the global south poor. China's goal is to build up the economy of the country so that they will be customers for more advanced products later and increase their trade with China.

@jeffc3012 3 дня назад

The Dirty, Deadly Side of "WhateverCountryIsMyRival" 's Overseas Nickel Industry

@grafity1749 3 дня назад

Because Oil is so clean 😂

@davidanalyst671 8 дней назад

This place in Indonesia doesn't look as bad as Gaza looks, why doesn't BLOOMBERG report on the destruction of Gaza?

@JacquesMare 8 дней назад

Ocean-wave electricity generation....... Why is it si difficult to comprehend?

@ynwa3573 8 дней назад

Wow! I am Indonesian. And Indonesia is VERY RICH!!! with Natural Resources. But the country is poor because Indonesians were not smart and the Leaders of the country were CORRUPT as hell and took advantage to enrich themselves. Hopefully they are smart enough to this time in doing business when it comes its Natural Resources.

@BeiMirIstDuSchon 3 дня назад

It’s not necessarily EVs being the problem … it’s the same’ol wealthy/powerful taking advantage of the poor. Greed.

@gawkingoblin 8 дней назад

Sounds like the someone wants to give TMC the deep sea mining green light. A less destructive way of harvesting metals including nickel

@ghifareai 6 дней назад

This is makes me so upset. I'm Indonesian and i've been read a lot of informations on socmed or internet that give something like this, but there is no actions from goverment for regulations and many more aspect. What are the clean industrial environment the company from China want to achieve? Just a profit? Shame, very shame. Regulations about how do the works of safety issue must been priority for mining industry.