Diamagnetism is where a non-magnetic material reacts to magnetic fields as if it was a magnet. If carbon nanotubes (CNT) are strongly diamagnetic then a lifter can climb the space elevator ribbon without using wheels. Since CNT's sister material pyrolytic carbon is so a strong diamagnetic material that it can hover over real earth magnets, CNT may also have this useful property. See picture in this Wikipedia article.
http://en.wikipedia.org/wiki/DiamagnetismHow diamagnetic is CNT? Strong? Weak?
If wheels can be replaced by linear motors then we do not have to worry about the inefficiency of friction, or the rollers and ribbon overheating. Nor do we have to add magnets or metal particles to the ribbon, significantly saving weight.
Since CNT is not a metal two linear motors may be needed for motion, the ribbon is sandwiched in between the linear motors. Replacing one of the motors with permanent magnets could save energy. Low acceleration motors producing 1.2 g would be suitable for the space elevator and ribbon based climbers in mines.
http://en.wikipedia.org/wiki/Linear_motor