Beijing already dominates the rare metals market needed for electronics, electric car batteries and computers, a reality made more painfully obvious with the current computer chip shortage that is slowing production of new U.S. cars.
Now with the haphazard U.S. withdrawal from Kabul, one of the world's largest untapped deposits of lithium - estimated by some at $1 trillion in Afghanistan - is poised to fall into China's hands just as Biden has ordered that half all U.S. cars be electric by 2030 and congressional Democrats prepare to vote to invest tens of billions of dollars more to push that goal further.
"So the West wants to go green with electric cars. To do that you need lithium for batteries," British politician Nigel Farage tweeted last week.
"Afghanistan has by far the largest lithium deposits in the world and Biden has just handed them over to China." So The West wants to go green with electric cars.
Nigel Farage August 18, 2021 Market experts already see China and the Taliban working a deal.
Republicans in Congress have been raising alarm on the electric car push by Biden and the Democrats, citing the enormous reliance it will create on China.
"China dominates battery production today, with 93 gigafactories that manufacture lithium-ion battery cells, vs. only four in the United States," the Post warned in February.
It's becoming increasingly difficult to discern fact from fiction, and unfortunately the media has a strong bias. They spin stories to make conservatives look bad and will go to great lengths to avoid reporting on the good that comes from conservative policies. There are a few shining lights in the media landscape-brave conservative outlets that report the truth and offer a different perspective. We must support conservative outlets like this one and ensure that our voices are heard.
Monday, August 23, 2021
Biden's green energy plan, botched Afghan withdrawal boost China's rare metals monopoly
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