Biden wants to ramp up production of critical minerals. Here's how it's supposed to help consumers

  • 📰 cnni
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 59%

Energy Energy Headlines News

Energy Energy Latest News,Energy Energy Headlines

Biden has issued a directive that invokes the Defense Production Act — a move the administration hopes will kickstart domestic production and mining of critical minerals needed to manufacture batteries for electric vehicles and long-term energy storage

President Joe Biden issued a directive on Thursday that invokes the Defense Production Act -- a move the administration hopes will kickstart the domestic production and mining of the critical minerals needed to manufacture batteries for electric vehicles and long-term energy storage.

The directive adds critical minerals -- things like lithium, nickel, graphite, cobalt and manganese -- to the list of items covered by the 1950 Defense Production Act, a Korean War-era law that allows the president to use emergency authority to make large orders of a certain type of product or expand productive capacity and supply.The longterm goal, according to White House officials, is to move the country toward renewable energy and electric vehicles.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Pipe dreams

Not going to go in debt to buy a $50k battery powered vehicle when mine is currently paid off

Glad to see we are finally becoming proactive.

After celebrating killing The Prince Philip, Boris is killing the Queen by coronary virus. I never doubted before, but now I know that China and its running dogs every country powerful have killed the kings and good presidents in my body for about 40 years!

After the cease-fire in Ukraine to allow for talks in Turkiye. Cowards move with their nuclear toys to show off.

To store enough wind & solar power in batteries to provide the US with enough energy for 2 weeks, you would have to run elonmusk battery factory for 1,000 years. How did we go from 'believe the science' to 'believe the science fiction'? Farcical policy keystonepipeline

WhyTF is he like a blind man trying to drive a car? Just 20 months ago we had oil flwg thru pipelines. There was so much oil being produced they had it STORED in tanker ships, rail cars, and storage tanks. We know the solution!! We need action!! Ask Trump how!!

Without oil you can’t do anything but farming

Is there anything the Defence Production Act can’t do? World peace, freedom and now cars. Can it be applied to healthcare, education and infrastructure?

Why go though with this no one wants

Lol.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 326. in ENERGY

Energy Energy Latest News, Energy Energy Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Biden to use Defense Production Act for U.S. critical-minerals supplyThe White House might invoke the Defense Production Act as soon as this week to spur greater domestic output of raw materials for clean energy technology products and reduce U.S. dependence on foreign supply chains. Good I have drawers of old tech, where to take them for a mineral recycle. YES
Source: washingtonpost - 🏆 95. / 72 Read more »