 Energy & Environment |
Energy & Environment |
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Biden admin partners with nonprofit on critical mineral supply chains |
The State Department on Wednesday announced a partnership with the nonprofit SAFE on the development of critical mineral supply chains. |
The effort is part of broader Biden administration efforts to reduce foreign dependence on such resources. The partnership, the Minerals Investment Network for Vital Energy Security and Transition (MINVEST), will aim to marshal private sector support for U.S. mineral-security goals, as well as encourage increased investment in domestic mining and processing. "We have a need, and the need is very clear," Under Secretary of State for Economic Growth, Energy, and the Environment Jose Fernandez said at a Wednesday press briefing at the State Department. "[T]he obstacle right now is, there's relatively little investment because supply chains are dominated by one or two countries." - While China received scant mention during the briefing, the country dominates much of the supply chain for the minerals used in electric vehicle (EV) batteries, including the mining and refining processes.
- Republican lawmakers and other opponents of the EV push have denounced it as a giveaway to China at the expense of American industry.
Read more in a full report at TheHill.com. |
Welcome to The Hill's Energy & Environment newsletter, we're Rachel Frazin and Zack Budryk — keeping you up to speed on the policies impacting everything from oil and gas to new supply chains. |
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Senate Majority Leader Chuck Schumer (D-N.Y.) and 22 other Democratic senators sent a letter to Federal Trade Commission (FTC) Chair Lina Khan on Wednesday demanding an investigation of two major proposed oil industry mergers and warning that the consolidations could hurt consumers.
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More than a year after President Biden signed the CHIPS and Science Act into law, the Commerce Department is pushing to get billions of dollars in semiconductor manufacturing and research incentives out the door.
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Republicans are cheering the cancellation of two offshore wind farms that would have been built off the coast of New Jersey. |
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A Pennsylvania court ruled Wednesday that former Gov. Tom Wolf (D) unlawfully joined an interstate carbon emissions payment program without legislative approval. |
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Branch out with a different read on The Hill: |
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Rising insurance rates due to an increase in extreme weather events are driving some Florida residents out of coastal areas, a county official told a Senate hearing Wednesday morning. |
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News we've flagged from other outlets touching on energy issues, the environment and other topics: |
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Two key stories on The Hill right now: |
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Former President Trump wrote a social media post Wednesday railing against the judge overseeing his New York civil fraud case and told him to leave his children alone. Read more |
| New Speaker Mike Johnson (R-La.) told Republican senators Wednesday that U.S. military aid to Israel must move by itself, warning them that a larger package also funding Ukraine, Taiwan and the U.S. southern border can't pass the House. Read more |
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