Senator John Barrasso (R-WY) writes in The Washington Examiner that if we want more renewables, the United States must increase mining.
- To transition the global economy to one that is powered by renewable energy and EVs, worldwide demand for key resources such as lithium and rare earths will increase by 4,000% and 700%, respectively.
- The United States is heavily reliant on China for our supply of rare earth minerals.
- Obtaining a mining permit in the United States takes around 10 years, while in Canada and Australia the process is completed in two or three.
- In order to have the resources that are needed to power clean energy, the United States must reduce regulations to accelerate domestic mining.
Read the full article here.