Doesn't seem like a deal breaker to me
"The Board of Supervisors, however, disagrees with the critics, saying that when you consider the price of lithium, which has averaged $70,000 per ton, a $400 flat tax is only 0.005 percent of the gross price, according to the county." (from source link cited below)
There are three companies with interests in the area, only one of them is actually currently operating, and they had no comment on the tax legislation. That company, BHE Renewables, operates 10 geothermal generation plants at the Salton Sea. They are working to find a financially sustainable process for extracting Lithium and other metals from the brine pumped currently for geothermal power generation. BHE Renewables is a subsidiary of Berkshire Hathaway Energy. The plants are legacy, an assortment of installations at various times starting in 1982 and last constructed in 2000. The question of extracting valuable metals from the brine once the heat is conducted has stimulated renewed interest in geothermal for dual purpose.
BHE Renewables, which oversees 10 geothermal plants near the Salton Sea, had not publicly taken a position on the proposed lithium tax until now.
“We do not oppose the lithium tax passed by the Legislature,” said BHE spokesperson Dan Winters in a statement. “We recognize the opportunity a lithium tax provides for the local community, and that a balanced outcome will ensure California-sourced lithium can compete in the world market.
“We will continue advancing production research to deliver lithium from our geothermal brine as we work with legislators and other stakeholders to achieve an economical, environmentally safe outcome for everyone,” Winters added.
Legislators approved a contentious proposal to tax lithium production on a tiered, per-ton basis despite objections from industry executives.
calexicochronicle.com
this publication (
- Read the Latest in - Calexico Chronicle) appears to be an excellent source for keeping current on the Salton Sea projects as they evolve
I would also recommend a podcast series recently started by Marketplace called "How We Survive". Fairly short episodes for those of you who are time-limited but very informative and entertaining, laying out the energy storage issues and specifically the move to lithium battery tech in this first season.
The climate crisis is here, and we’re looking for solutions. In our latest season, we unpack the water crisis playing out in the American West.
www.marketplace.org
I particularly point to episodes 4 and 5, which visit the Salton Sea and interview the actors in this region.