Bill Maher's Father's Day Message Is Almost Perfect
New Video Montage Shows Why Most Americans Think Biden Is Too Old to...
A Biden Spokesperson Did Not Just Say *That* to Explain Joe's Wandering Off...
Another Big Huge Biden Lie
What to Expect in the First Presidential Debate
Biden Admin to Announce Largest Relief Program for Millions of Illegal Immigrants
Pro-Hamas Agitators Show Up to Ted Cruz's Home for the 23rd Time
As Joe Manchin Leaves the Democratic Party, West Virginia Politics Sure Have Changed
New Bill Would Automatically Enlist Men Into the Draft
Why This Airport Is Bursting at the Seams With Illegal Immigrants
Trump Reveals the Two Democrats He Plans to Oust
Black Detroit Pastor Criticizes Biden, Obama But Thanks Trump for Coming to the...
Liberal Media Tries to Play With Fire on Trump’s Birthday, But It Doesn’t...
El Savador Illegal Immigrant Charged With Rape, Murdering a Mother of Five
A Politically Incorrect Prayer
Tipsheet

We Can Achieve Energy Independence - With China's Help

Run the gamut of green pet projects – heavily-subsidized solar panels and windmills, costly hybrid and electric cars, soon-to-be-required compact fluorescent lamps – and you will find that the production of these holy grails of green all require the use of rare earth elements (REEs). Although these seventeen elements were considered ‘rare’ when they were first discovered, REE resources are actually relatively plentiful – they can be found in low concentrations throughout the Earth's crust and in higher concentrations in various minerals. According to the 2010 U.S. Geological Survey: "Undiscovered resources [of REEs] are thought to be very large relative to expected demand."

Advertisement

However, the expensive, complex extraction process for REEs is both chemically- and energy-intensive (but never forget that technology and efficiency are improving all the time). Ergo, those oh-so-scrupulous, farsighted environmentalists have used legal channels to all but completely curtail domestic production of REEs, permitting neither extraction nor exploration. In a nutshell, they refuse to take complete ownership of all of the processes involved in their ‘clean, green’ projects.

Here's the real rub: the United States has proven natural gas and oil reserves available in cost-effective spades, as well as the possibility of clean nuclear energy. Of course, greenies eschew these energy methods as dirty and dangerous. Environmentalist-in-Chief Obama has championed measures to move America toward energy independence, not by issuing drilling permits, but instead by encouraging clean energy projects – except that the United States no longer produces the needed materials for these projects.

So who supplies the vast bulk of the world’s REEs? You guessed it – the foreign nation with the greatest share in our national debt. China contributes well over 90% of the world’s REEs supply, and the socialist country is currently disposed to cutting exports, stockpiling REEs, and inducing a shortage (not to be confused with scarcity), all of which will make Obama’s coveted wind/solar/hybrid projects even more expensive.

Advertisement

China, supplier of 95 percent of the 17 elements known as rare earths, has clamped down on rare-earth mining and cut export quotas, boosting prices and sparking concern among overseas users such as Japan about access to supplies. The government may further reduce export quotas, pushing prices higher, Goldman Sachs & Partners Australia Pty said last month.

“China has long said it will consolidate the industry but it’s moving more rapidly than many observers anticipated,” said Dudley Kingsnorth, a former rare earths project manager and now chief executive officer of Perth-based advisory Industrial Minerals Co. of Australia. “There might be an element of speculation but I think the price rises have been driven by people who are desperate for the product.”

The world’s most populous nation will raise standards for exporters and won’t approve new project expansions in an effort to curb overcapacity, illegal mining and sales, the government said last month. The Ministry of Land and Resources said yesterday it wants to set aside some rare earth deposits.

If China faced a little more competition in the REE industry from the worldwide economic stage, it would not have the ability to so drastically affect the prices of REEs (and, just to be clear, China is moving to "consolidate the industry" to more effectively bring REE production under the socialist government’s total control). My larger point, however, is that President Obama has promised energy independence through the increased use of renewables, while EPA regulations withold the means of renewable-production independence - which leads me to conclude that logic was not a factor in the decision-making here. The paradoxes and incompetencies of 'green' energy truly know no bounds.

Advertisement

Addendum: From the desk of Arizona Governor Jan Brewer, another fresh example of how the government, the Interior Department, the EPA, and their many minions shoot themselves in the foot over and over again, and somehow never seem to get any wiser.

Join the conversation as a VIP Member

Recommended

Trending on Townhall Videos

Advertisement
Advertisement
Advertisement