Trump's Shift: From Climate Discard to Critical Minerals Advocate

Sat Mar 15 2025 05:31:36 GMT+0200 (Eastern European Standard Time)
Trump's Shift: From Climate Discard to Critical Minerals Advocate

A new approach to mineral procurement raises questions about the US leadership in green technology under Trump's administration.


As Donald Trump returns to the White House, his interest in critical minerals could lead to a shift in the US's approach to green technology, contradicting his prior climate actions.


Donald Trump’s recent return to the White House promises a reshaping of the United States' focus on critical minerals, a shift that might redefine its role in the green technology landscape. Former UN climate chief Christiana Figueres remarked that Trump's victory represents a setback for global climate efforts. He has historically distanced the US from international agreements like the Paris Climate Agreement and eliminated electric vehicle targets, calling them part of a "green new scam."

Nonetheless, Trump has shown an eagerness to establish essential agreements with leaders of mineral-rich countries, such as Ukraine, Canada, and Greenland. These critical minerals, vital in sectors including defense and aerospace, are equally important in manufacturing green technologies. The question arises: Could Trump's interest in securing such resources inadvertently boost the US’s capabilities in green technology?

Aiding this scenario is the growing concern among industry leaders like Tesla’s Elon Musk, who cited a dramatic increase in lithium prices due to soaring demand. By 2023, demand for lithium surged by 30%, primarily driven by advancements in clean energy and electric vehicles, forecasts from the International Energy Agency indicate that these areas will account for about 90% of lithium demand within the next two decades. Musk underlined the urgency of tapping into these minerals, hinting that Tesla might need to step into mining if conditions don't improve.

According to a December 2023 report by the US Government Select Committee, the country must rethink its critical mineral strategy to reduce heavy reliance on China, which dominates the global production and processing of rare earth elements. Experts suggest that while countries may have abundant mineral reserves, ease of access and geopolitical stability impact their viability as reliable sources. Consequently, China’s investments in Africa and South America have cemented its position in the market, leading to fears that the US is falling behind.

Trump's motivation may stem from a desire to secure a competitive edge against China’s market control. Experts argue that Trump's new focus on critical mineral procurement may coincidentally bolster green technology sectors, despite his traditionally anti-environment stance.

There are whispers of an upcoming "Critical Minerals Executive Order" from Trump, which could expedite investment and streamline processes for mining and processing in the US. Although experts warn of the significant time needed to establish supply chains properly, the potential for increased mineral extraction has intrigued stakeholders.

Despite the complexities of creating sustainable mineral supply chains, interest in critical minerals reflects an essential pivot in US energy policy. Notably, while the previous administration emphasized downstream processes, Trump's shift signals an urgency for upstream involvement—procuring necessary minerals for production.

However, this proposed mining focus could face political hurdles, especially considering the significance of maintaining support for the Inflation Reduction Act amidst the impending 2026 mid-term elections. Especially in energy-centric states like Georgia, where legislative support is paramount for sustaining battery and renewable energy industries.

Not surprisingly, industry actors remain optimistic about the future, with ongoing discussions about reconciling the critical importance of energy security with environmental responsibilities. Regardless, Trump's evolving priorities indicate a noteworthy dilemma: an apparent disinterest in elevating his environmental legacy could paradoxically lead to advancements in green technology.

MORE ON THEME

Sat, 15 Mar 2025 00:58:06 GMT

US Senate Passes Spending Bill, Prevents Government Shutdown

Sat, 15 Mar 2025 00:58:06 GMT
Fri, 14 Mar 2025 15:03:25 GMT

Tesla Raises Alarm Over Impact of Trump’s Tariffs on Exports

Fri, 14 Mar 2025 15:03:25 GMT
Fri, 14 Mar 2025 14:22:34 GMT

Emergency Evacuation on American Airlines Flight as Fire Erupts During Landing**

Fri, 14 Mar 2025 14:22:34 GMT
Fri, 14 Mar 2025 14:18:57 GMT

Tesla Expresses Alarm Over Trade Tariffs Amid Trump's Support

Fri, 14 Mar 2025 14:18:57 GMT
Fri, 14 Mar 2025 14:17:25 GMT

Mark Carney Takes Office as Canada's New Prime Minister Amid Trade Tensions

Fri, 14 Mar 2025 14:17:25 GMT
Fri, 14 Mar 2025 11:25:42 GMT

China Steps Up Diplomatic Efforts with Iran, Aims to Counter Western Influence

Fri, 14 Mar 2025 11:25:42 GMT
Fri, 14 Mar 2025 09:11:37 GMT

Trudeau's Defiance: A Final Stand Against Trump’s Trade Aggression

Fri, 14 Mar 2025 09:11:37 GMT
Thu, 13 Mar 2025 15:45:23 GMT

Meta's Legal Battle: Former Director's Memoir on Hold

Thu, 13 Mar 2025 15:45:23 GMT
Thu, 13 Mar 2025 13:25:02 GMT

**Carney Offers Conditional Trade Negotiations with Trump Amid Tariff Tensions**

Thu, 13 Mar 2025 13:25:02 GMT
Thu, 13 Mar 2025 12:09:07 GMT

German Intelligence Agency's Lab Leak Assessment Revealed

Thu, 13 Mar 2025 12:09:07 GMT
Wed, 12 Mar 2025 23:03:07 GMT

Carney Seeks Respectful Trade Negotiations with Trump Amid Escalating Tariffs

Wed, 12 Mar 2025 23:03:07 GMT
Wed, 12 Mar 2025 15:22:15 GMT

### Trump Considers Potential Minerals Partnership with Conflict-Torn DR Congo

Wed, 12 Mar 2025 15:22:15 GMT
Wed, 12 Mar 2025 15:18:48 GMT

US Unveils 30-Day Ceasefire Proposal Amid Tensions with Russia**

Wed, 12 Mar 2025 15:18:48 GMT
Wed, 12 Mar 2025 15:17:05 GMT

Northvolt's Bankruptcy: A Setback for Europe's Electric Future

Wed, 12 Mar 2025 15:17:05 GMT
Wed, 12 Mar 2025 14:43:20 GMT

**US Proposes 30-Day Ceasefire with Russia—Key Terms and Potential Implications**

Wed, 12 Mar 2025 14:43:20 GMT
Wed, 12 Mar 2025 14:07:52 GMT

Impacts of Trump Tariffs: A Look at Rising Prices for Everyday Americans

Wed, 12 Mar 2025 14:07:52 GMT
Wed, 12 Mar 2025 12:26:20 GMT

**N.B.A. Stars Leverage Digital Management to Cultivate Influence in China**

Wed, 12 Mar 2025 12:26:20 GMT
Wed, 12 Mar 2025 04:40:11 GMT

President Biden's Tariff Revisions Spark Trade Tensions with Allies**

Wed, 12 Mar 2025 04:40:11 GMT
Wed, 12 Mar 2025 00:47:08 GMT

Concerns for US-India Relations Rise Among Indian Americans Ahead of 2024 Elections

Wed, 12 Mar 2025 00:47:08 GMT
Tue, 11 Mar 2025 21:02:40 GMT

Pressure Shifts: Russia Faces Diplomatic Challenges

Tue, 11 Mar 2025 21:02:40 GMT

Follow us

© 2024 SwissX REDD UK ltd. All Rights Reserved.