The United States Needs a Shift in Perspective on Mining
Date of Publication
1-1-2023 12:00 AM
End Date
1-6-2023 12:00 AM
Security Theme
Illegal Mining
Keywords
Energy transition, critical minerals, low-carbon fuels, global economy, mining, China, illegal mining
Description
The global energy transition necessitates not only a shift from high-carbon to low- and zero-carbon fuels but also a profound reconfiguration of the world economy around "critical minerals" essential for clean technologies. Currently, the United States faces a significant shortfall in domestic mining capabilities to meet the demands of this transition. This deficit is compounded by China's dominance in the global market for many of these critical minerals. The U.S. must not only collaborate with allies to secure supply chains but also revitalize its domestic mining sector.
The United States Needs a Shift in Perspective on Mining
The global energy transition necessitates not only a shift from high-carbon to low- and zero-carbon fuels but also a profound reconfiguration of the world economy around "critical minerals" essential for clean technologies. Currently, the United States faces a significant shortfall in domestic mining capabilities to meet the demands of this transition. This deficit is compounded by China's dominance in the global market for many of these critical minerals. The U.S. must not only collaborate with allies to secure supply chains but also revitalize its domestic mining sector.
