Thomas J. Madison writes on the importance of the United States establishing a domestic EV supply chain in RealClearEnergy.
- As more auto manufacturers transition to electric vehicles, America will need to bolster its supply chain for rare earth minerals.
- The demand for lithium alone is expected to increase 100-fold by 2050 which could lead to a battery shortage throughout this decade.
- Companies including GM and Redwood Materials are advancing innovative solutions to improve America’s supply of rare earth metals.
- The government should lessen restrictions that hurt domestic mining of these minerals to bolster clean energy and economic prosperity.
“There is no pathway to meet global climate targets without aggressively ramping up the production of minerals and metals right here in America. Missing the opportunity to connect EV development with U.S. energy production and 21st century mining policies is a mistake we simply can’t afford to make.”
Read the full article here.