With efforts underway in the U.S. and other countries to reduce emissions in the electricity and transportation sectors, global energy security concerns long associated with petroleum are giving way to new “clean energy dependence” risks. Specifically, many of the key technologies necessary decarbonization—such as solar panels, wind turbines and batteries—require large quantities of certain critical minerals. Presently, these critical minerals and manufactured end-use products containing them are largely imported, posing economic and geopolitical risks not unlike petroleum did for much of the 20th century. This discussion will examine the need for policies to address end-to-end supply chain concerns in order to facilitate continued energy innovation and emissions reductions across the economy.
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