From where do the ingredients of “green” technology come? Apparently, mostly from some environmentally toxic mines in China:
Some of the greenest technologies of the age, from electric cars to efficient light bulbs to very large wind turbines, are made possible by an unusual group of elements called rare earths. The world’s dependence on these substances is rising fast.
Just one problem: These elements come almost entirely from China, from some of the most environmentally damaging mines in the country, in an industry dominated by criminal gangs.
Western capitals have suddenly grown worried over China’s near monopoly, which gives it a potential stranglehold on technologies of the future.
So the green revolution which is the centerpiece of Obama’s economic plan essentially relies on substituting our dependence on Saudi oil with a dependence on Chinese metals.
This should work really well. Because our dependence on Chinese money to fund government programs we cannot afford is not enough.
Campaign theme 2020: “We must lower our dependence on Chinese dysprosium and terbium!”