Biden’s Interior Department is preventing mining near the Boundary Waters Canoe Area Wilderness. The Wall Street Journal editorialized on this subject on January 30 (behind a paywall), saying “The Biden Administration is heavily subsidizing electric vehicles, but at the same time it is blocking mineral projects needed to produce them. Another example of this head-scratching contradiction…
Tag: mining
Reality Check: Coal Will Be Around for Awhile. A Long While.
“If you think the world is moving beyond coal, think again,” writes Robert Bryce in RealClearEnergy. India and China plan to increase their coal production by 700 million tons in the next two years. In comparison, total U.S. annual coal production is only 600 million tons. He writes: “In April, China announced it will increase…
Unpleasant Truths about Minerals for Electric Vehicles
Will the minerals needed for electric car production come from the U. S . or (more likely) overseas? Maxine Joselow writes in the Washington Post: “Prices of key minerals are skyrocketing amid the pandemic and Russia’s invasion of Ukraine, potentially increasing the cost of electric vehicles and other technologies crucial to the clean energy transition….
Stretching ‘Sustainable’ Investing Far Beyond ‘Green’
The push for ESG (environmental, sustainable, and governance) investing has gone to extreme lengths, reports the Wall Street Journal (the story is behind a paywall). “Now billions of dollars earmarked for sustainable investment are going to companies with questionable environmental credentials and, in some cases, huge business risks,” write Justin Scheck, Eliot Brown, and Ben…
More Evidence of Forced Labor in China and Africa for ‘Green’ Energy
Reports from Sheffield Hallam University in England and the International Energy Agency strengthen the case that China is forcing its minority Uighur population to produce solar panels. Meanwhile, children as young as seven years old are mining for cobalt in the Democratic Republic of the Congo under dangerous conditions; the mined cobalt is processed in…
Sorry, Miners, You Won’t Benefit from Demand for EV Minerals
Joe Biden has reversed a campaign promise, says Reuters in an exclusive article. The Biden administration opposes opening U. S. mines for minerals like nickel, cobalt, and lithium—minerals needed for electric vehicles. Biden is looking to Canada, Australia, and Brazil to supply these metals. “The plans will be a blow to U.S. miners who had…