US mining industry is saying it needs 920% tariffs on Chinese graphite to make projects in North America. And oil industry will astroturf protests, and lobby, to delay the mining.
The only solution to Oil industry scheming, is nationalizing oil companies. US can’t help with a sustainable climate if their power is maximized.
For mining projects, there’s an absurdity to the cost and profit levels. A model to promote abundance would be cheap loans, and production subsidies, but cooperating with China, is a low investment path that can make high value EVs in the US if the batteries are cheap.
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