As the world rapidly builds renewable energy infrastructure and transportation networks, the critical minerals' sourcing, processing, and trading will have profound economic, environmental, and geopolitical implications. Ensuring the critical minerals’ supply meets ever-rising demand while navigating the mineral supply chain’s impacts on the environment and society is a daunting challenge.
This March 31 report explains how new guidance about tax credits for American electric vehicle purchases looks too protectionist to some, too cozy with foreign suppliers to others, and too complex to drive by in a hurry.
Although the gestures of the bill were certainly made clear, there is still much discussion and clarification to be had, let’s say, concerning the manufactured in America part. The provisions currently seem to demand that 40% of the manufactured components in the facility to be manufactured within America to be...