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Biden’s Green-Energy Mineral Lockup

The Wall Street Journal’s Editorial Board writes about Biden’s nonsensical regulatory policies.

The C3 Take
  • While President Biden has pushed for and enacted heavy subsidies for American-made green energy sources, his regulatory policies and decisions have made it harder for them to be built.
  • The Department of Interior recently ruled against mining 225,000 of land in Minnesota that contained valuable rare earth minerals which are needed to power green technologies.
  • Kneecapping domestic mining capabilities harms our energy security while strengthening China – who currently mines and processes 95% of the Earth’s rare earth minerals.
  • If the United States hopes to become a clean energy leader, it must modernize regulations to allow America to build and mine.

“Wouldn’t it be better for American workers and the environment to mine these minerals in the U.S.? At least the Administration is consistent on one point: It wants to keep all U.S. natural resources that could be strategic energy assets in the ground.”

Read the full article here.

The views and opinions expressed are those of the author’s and do not necessarily reflect the official policy or position of C3.

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