America’s electric vehicle ambitions need American mining

Rich Nolan

This opinion column was submitted by Rich Nolan, president and CEO of the National Mining Association.

In the wake of Russia’s invasion of Ukraine, electric vehicles have emerged as a critical answer to energy insecurity. EVs offer an important tool to disentangle the US from the geopolitics of the oil barrel and to insulate American consumers from volatility at the gas pump.

Electric vehicles also hold the promise of putting a significant dent in the war chest of petro-dictators. While sanctions on Russia have proven biting, high oil prices mean Moscow continues to earn $20 billion per month on oil sales.

There’s a growing consensus that the EV moment has arrived. The auto industry is sprinting towards an EV future, and consumers are following with wait-lists for new EVs. Yet despite that momentum — and what it appears to portend for climate and energy security goals — an EV deployment chokepoint is emerging that policymakers are only beginning to grapple with.

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