Saturday, January 23, 2021

Biden’s Green New Deal Won’t Work Without Mining, Especially For Minerals

Biden’s Green New Deal Won’t Work Without Mining, Especially For Minerals
"As Joe Biden and Kamala Harris take the reins of government and launch their program to “transition” America away from fossil fuels, they need to consider some hard realities.
Chief among them is that no Green New Deal can succeed without major increases in US mining and processing – unless they want to make America even more dependent on China and Russia.
Rare-earth metals are essential to 21st Century technologies, including smartphones, lasers, night vision systems, weapons guidance systems – and GND technologies like wind turbines, solar panels, batteries, and electric vehicles.
As British hedge-fund veteran James Horrocks noted in a recent article, “It is easy to see why rare earth has become a pawn in the US-China trade war.”
...In other words, will Biden-Harris put America’s clean energy future in Chinese hands?...Read all.

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