biden and Forum FMC.vAs US's major trading partner, Canada and Sask province is right in the heart of this plan... Rio Tinto's already in, doesn't hurt to add USA to the list of potential deal makers/investors!
Overview: Biden's Green Revolution
Over those years, in the run-up to the 2020 election, Democrats in Congress and Mr Biden and his advisors have made increasingly specific plans, declarations, and promises for a wholesale Green Revolution if Mr Biden won the presidency:
- Regulation, suppression, and ultimate replacement of the U.S. fossil-fuel complex from coal mining to oil drilling to energy production by utilities to implement regulations to produce "non-polluting" (non-carbon-dioxide-emitting) U.S. vehicles.
- Worldwide diplomacy through the United Nations to get leading greenhouse-gas-producing countries, to sign on to timetables for becoming "carbon neutral" (adding no additional greenhouse gases to the atmosphere).
- Massive investment in "clean energy" focusing on the conversion of the country to use of electric vehicles (EV), movement of its existing electric utility companies toward the elimination of greenhouse gas emissions, and eventual replacement of them with "alternative energy" such as solar, wind, and nuclear.
- Sweeping transformation of the country's housing stock to "sustainable" forms of energy use.
Many energy analysts and industry leaders indicated that to a significant degree all of these plans depend upon the emerging revolution in battery technology.
Electric vehicles and reliable continuously available solar/wind power are the "green" alternatives to the foremost producers of greenhouse gases (combustion engines and burning of fossil-fuels)
What do these green alternatives depend on?
Both depend entirely on efficient batteries for electrical energy storage.
There are 2 pressing agendas if batteries are to power the green revolution:
- Improve battery technology.
- Secure the supply chain of metals and other materials that these batteries require: cobalt, copper, graphite, lithium, nickel, rare earths, and zinc.
In this article we will try to project how Mr Biden's first year in office may impact the advancement of new battery technology and the supply chain for battery metals.
Focusing on:
- His executive orders
- Directions to federal departments
- Prioritization of the government's own budgeting
- Regulations & proposed laws
- Proposed federal spending
Big Change for Battery Metals: What You Need to Know (with 4 Expert's POV) (cruxinvestor.com)