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America Is Growing Wary of the Renewable Energy Boom

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The US renewable energy sector is facing challenges due to concerns about land use, environmental impact, and local property values.

Via Metal Miner After several months of slight upward momentum, the Renewables MMI Monthly Metals Index broke the sideways-to-upward trend, declining by 8.89%. Neodymium dropping in price proved to be the main culprit for the index dropping. Every other component of the index either moved sideways or slightly down.

This opposition highlights a growing conflict between state climate targets and local communities. Renewable energy news sources report that some states even began overturning municipal zoning regulations that obstruct green initiatives. Still, the growing opposition to renewable energy is a reflection of broader cultural dynamics as well as economic and land space concerns.

 

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