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Description: Lead – and lots of it – is still a big part of the battery business, particularly when it comes to batteries for motor vehicles. Lead batteries could also be a big component for the energy storage market as we head toward green sources of energy. The problem though is that lead and various lead compounds are regarded as toxic. As the article in the Financial Post says, lead is the “metal no one wants to talk about.”

Date:  October 17, 2019

Source:  financialpost.com

Link: https://business.financialpost.com/commodities/mining/no-one-wants-to-talk-about-this-reliable-battery-metal

Discussion points: 

1) Did you realize lead was toxic and that there was so much of it in use?

2) Would you be prepared to pay more if there was an alternative to lead and acid in batteries? How much more would you pay for such a battery if you could find one?

3) In Wiley’s Managerial Accounting: Tools for Business Decision-Making, chapter 12, you can read about reporting through the balanced scorecard. If you were a company that was using potentially toxic products, how might you talk about this in your balanced scorecard reporting?

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