Investing abroad could be the solution to America’s clean energy future

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Investing abroad could be the solution to America’s clean energy future. mining battery

and announced $900 million to build EV charging stations across America, the question remains how quickly the transition to renewable energy can be made.Benchmark Mineral Intelligence Executive Editor Henry Sanderson discusses the global supply chain of materials and mining needed for the electric push. MINING.COM: Is it feasible for us to transition to clean energy over the next decades?

It has to be fast to meet the climate goals. We’ve left it so late. So when you have this exponential demand increase this decade and the next, it’s gonna be hard for mines to keep up. And also what sort of social environmental cost are we willing to bear to get all these mines into production? Where are we willing to mine?

If the US and Europe want to completely develop their own supply chains by scratch, that’s going to be very challenging When it comes to metals, we have this perception that maybe is going to be colossal, a gigantic effort to put that supply chain to work.energy crisis The second challenge is the poorer countries. What are we going to do to help them? What we can do to help them mine sustainably and responsibly?

Source: Energy Industry News (energyindustrynews.net)

 

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