Biden is hiking up the cost of carbon It will change how US tackles global warming thetelegraph.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thetelegraph.com Daily Mail and Mail on Sunday newspapers.
Published: Thursday, February 25, 2021
President Biden. Photo credit: Francis Chung/E&E News
The Biden administration is launching a review of ways to secure domestic supplies of batteries, battery minerals and other key electric vehicle components. President Biden is pictured during his inauguration in January. Francis Chung/E&E News
A sweeping Biden executive order yesterday is fueling debate about whether a U.S.-based electric vehicle supply chain can be jump-started affordably by the federal government without damaging the environment.
The plan signed by President Biden yesterday calls for a review of the state of domestic supplies of batteries, key battery minerals and semiconductors used in electric cars along with the rare earth minerals used in wind turbines and, potentially, other materials used in clean energy.
Joe Biden s Executive Orders Will Have Huge Impact on American Families, Economist Warns neonnettle.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from neonnettle.com Daily Mail and Mail on Sunday newspapers.
Washington Free Beacon
President s climate actions kill American jobs while boosting China, experts say President Biden with climate czar John Kerry / Getty Images
February 1, 2021 5:00 AM
President Joe Biden s latest climate-focused executive order promises a bustling clean energy sector backed by good-paying union jobs. That sector s supply chain, however, is largely dominated by China.
Issued on Wednesday, Biden s order calls on the federal government to purchase union-built, American electric vehicles. But both Chevrolet and Nissan s top electric offerings fall well below the federal government s domestic component test to determine American-made status, and Ford s latest electric SUV, the Mustang Mach-E, will be built in China and Mexico. China also controls much of the world s lithium battery supply, including 77 percent of global cell capacity and 60 percent of global component manufacturing, a September BloombergNEF report shows.
Democratic politicians and liberal economists argue that the climate regulations associated with the Paris Climate Agreement will spur new growth and will not cause high levels of unemployment. During his confirmation hearing, Secretary of Transportation nominee Pete Buttigieg said that the Biden Administration’s “climate vision will create, on net, far more jobs. Millions we hope.”
.@tedcruz on the Keystone Pipeline to Pete Buttigieg: “With the stroke of a pen, President Biden has told those 11,000 workers, those union workers, ‘Your jobs are gone.’ Mr. Buttigieg, what do you say to those workers whose jobs have just been eliminated by presidential edict?” pic.twitter.com/QmQnjmuFBm