Biden Admin Moves To Fund Canadian Mines While Blocking US Mining EffortsJack McEvoy
Energy & Environment Reporter
August 23, 2022 6:06 PM ET
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The Biden administration is considering funding the Canadian mining and metal industry as it is desperate to acquire more rare earth minerals to build renewable energy technologies; however, the administration has previously blocked the development of U.S. mining efforts, according to E&E News.
Following the passage of the Democrats’ massive climate spending package, the Biden administration is looking to import critical minerals such as lithium, cobalt and nickel and may even give money to the Canadian mining industry to acquire such minerals and help push mineral supply chains out of Chinese hands, according to E&E News. Although it is desperate to produce these minerals and confront the Chinese dominance of the mineral market, the administration has blocked major mining projects in Minnesota and Alaska.
“The Department of The Interior is not for development of any kind … whether its mining or oil and gas,” Steve Milloy, a member of former President Donald Trump’s EPA transition team, told the Daily Caller News Foundation. “Canada has courts and climate activists and does not the same ability to undercut China’s slave labor and therefore, the plan has serious limitations.”
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https://dailycaller.com/2022/08/23/biden-admin-moves-to-fund-canadian-mines-while-blocking-us-mining-efforts/
