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POLITICO's Off Message

Critical Minerals: The next dirty fight over clean energy

POLITICO's Off Message

POLITICO

News, Daily News, Politics

4.5637 Ratings

🗓️ 23 November 2020

⏱️ 24 minutes

🧾️ Download transcript

Summary

"Off Message" presents Episode 5 of the new season of POLITICO's podcast "Global Translations": The technologies that protect us, move us and power our daily lives require mining minerals and metalsin distant places. But access to these essential materials is increasingly under threat. Hosts Luiza Savage and Ryan Heath talk with experts who are sounding the alarm.  Luiza Savage is the host of "Global Translations".Ryan Heath is a host of "Global Translations". Annie Rees is a producer for POLITICO Audio. Kara Tabor is a producer for POLITICO Audio. Jenny Ament is the senior producer for POLITICO Audio. Irene Noguchi is the executive producer of POLITICO Audio.Sharon Burke is a senior advisor for the International Security Program and Resource Security Program at New America. Nedal T. Nassar is Chief of Materials Flow Analysis Section at the U.S. Geological Survey.Tom Duesterberg is a senior fellow at Hudson Institute. He is an expert on trade and foreign policy. Luiza Savage's article on how America's dependence on critical minerals from China: https://www.politico.com/news/2020/11/18/china-could-strangle-biden-agenda-437171And check out the other POLITICO newsletters: Global Translations: https://www.politico.com/newsletters/global-translationsMorning Energy: https://www.politico.com/morningenergy/The Long Game: https://www.politico.com/newsletters/the-long-gameChina Watcher: politico.com/chinaMorning Tech: https://www.politico.com/morningtech/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

The fight against climate change has some powerful allies.

0:03.4

We're seeing some of the world's largest financial players starting to integrate climate risk into how they evaluate their portfolios.

0:11.2

Stay tuned for a special branded episode of Global Translations, presented by City, right here on December 16th.

0:19.2

And you know, it's funny you were just saying, what's your nightmare?

0:22.5

I have two nightmares.

0:24.5

One nightmare is that we're going to end up in a war with China

0:26.8

and that it's going to be the worst thing that could possibly happen to everyone in the world.

0:32.6

And that we're just going to wake up one day and say,

0:34.6

oh, we didn't need to back into this, here we are.

0:41.2

The going to wake up one day and say, oh, we didn't need to back into this. Here we are. The other thing is that what we're getting a taste of in COVID, that a year from now,

0:46.4

we're going to find ourselves like in a food security crisis, in a technology production crisis,

0:52.1

because those systems have broken down because of the pandemic

0:55.2

so much that all of a sudden things we really, really need we can't get. Both of those things

1:00.6

I think are credible worries at this point, which is, I mean, a year ago, would you have thought

1:07.2

we would be here in 2020? That's Sharon Burke. She's an expert in national

1:14.4

security and energy, a fellow at New America, and an alumna of the Pentagon and the State Department.

1:21.4

And those things she fears, those nightmares, they have a lot to do with our vulnerability

1:26.7

when it comes to the countries we rely on

1:29.5

for our everyday needs, and especially how vulnerable we are to being cut off from critical supplies.

1:36.5

And those supplies are used in everything, from our national defense to our smartphones.

1:42.3

They're minerals, critical minerals. I'm Louisa Savage. And I'm Ryan Heath.

1:49.6

In the first chapter of this podcast, we talked about the careful balance of global supply chains,

...

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