China’s market share in mining and processing is so substantial that the United States could not replace it, even with gargantuan subsidies or ultra-streamlined regulation for domestic production. Nor would sourcing all minerals domestically necessarily be optimal. A protected and subsidized domestic supply chain could snap, too, forcing a costly scramble for new sources abroad.
There could be an opportunity to start this and other conversations in Paris on Sept. 28, when the International Energy Agency hosts the firstThe United States has to help keep the planet safer for future generations without playing into the hands of governments that would make the planet less safe for this country and the values it represents. The time for talking about that is running out, though, and the time to act is fast approaching.
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