Biden's 'green' jobs should not be confused with American jobs.
The Epoch Times (2/22/22) reports: "'Electrification' has become a watchword for the Biden administration, particularly as part of the push for net-zero emissions in the U.S. economy by 2050...The IEA report stresses the need to step up mining of lithium, cobalt, and other minerals used in electric vehicles, solar plants, and windfarms. Today, the mining and, in particular, the processing of many of those minerals is concentrated in China...The United States, by contrast, imported 76 percent of its cobalt in 2020, according to the U.S. Geological Survey. 'China owns eight of the 14 largest cobalt mines in the Democratic Republic of Congo and they account for about half of the country’s output. An American company once owned the largest DRC mine, but sold it in 2016 to China Molybdenum,' said Mary Hutzler, distinguished fellow at the IER...Hutzler, of IER, has highlighted environmental challenges to new mines in the West as factors behind that increase. She drew attention to actions against approved lithium mines in Chile and Serbia as well as the proposed Thacker Pass lithium mine in Nevada, currently embroiled in a court battle. 'When demand exceeds supply, prices increase, as is the case with lithium, which could end the spiraling down of electric vehicle battery prices, making the green energy transition even harder to achieve,' she said.
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