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Dr Robert W Chase: Manufacturing muscle more critical than ever
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Dr Robert W Chase: Manufacturing muscle more critical than ever
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Dr. Robert W. Chase: Manufacturing muscle more critical than ever
Robert Chase, Marrietta College
In the national debate on economic policy, an unsound notion is taking hold. Some politicians are suggesting that technological innovation alone can meet our future needs.
No one doubts that the technology revolution in the United States is the envy of the rest of the world. It already has changed things in Ohio, where technological advances strengthened the economy, at least until the COVID-19 pandemic set in, and did it in the unlikeliest of places: the traditional industries of oil and natural gas.
Starting in 2005, companies began to unlock massive new supplies of natural gas, and then oil, from shale basins, thanks to two new technologies: hydraulic fracturing and horizontal drilling. Automation and data analytics also helped remake the energy industry, boosting the productivity of oil and gas companies. Today, the United States is the top producer of oil and gas in the world, u
Dr Robert W Chase: Manufacturing muscle more critical than ever
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Dr. Robert W. Chase: Mine it and make it in America
Robert Chase, Marrietta College
Even as a big shift to electric vehicles (EVs) becomes a looming reality, it must be acknowledged that the road to a clean energy future begins in Washington. The production of EVs can lift the nation’s economy and play an essential role in decarbonization. That’s why encouraging the transition to EVs and their production in the U.S. should be an energy policy priority for the Biden administration and new Congress.
President Biden’s new executive order to move the federal vehicle fleet – some 650,000 cars and trucks – to made-in-America EVs is a welcome start, but it could prove a woefully incomplete step if this made in America EV future doesn’t include a commitment to build up the entire supply chain to support it. In other words, made in America EVs must also include mined in America.