One obstacle to the heavy investment toward electrification in the US is the ability to source enough battery materials. Here is a quick look at the gridlock.
US mining companies say they could dig up enough minerals for battery independence, but regulations stand in the way. ⛏
Environmental groups and tribal leaders say without the regulations, there is no guarantee the land and water will not be ruined. 🗑
While the Department of the Interior will not do away with the laws entirely, they are reviewing 27k comments to reform the current regulations. 🗯
With the Inflation Reduction Act bringing more focus to locally sourced battery material, companies are working to stay ahead of the gradually increasing regulation. Some say it will be nearly impossible unless something about material mining changes. 🖊