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What Next | Daily News and Analysis

The Mineral The Future Is Built On

What Next | Daily News and Analysis

Slate Podcasts

News, Daily News, News Commentary

4.32.4K Ratings

🗓️ 2 February 2022

⏱️ 24 minutes

🧾️ Download transcript

Summary

Cobalt is the most important mineral of the future. It’s a key part of lithium-ion batteries, which power cell phones and laptops, not to mention electric cars. That demand is giving rise to a mining industry in Idaho, which sits atop a giant cobalt deposit. But the environmental costs of extraction raise questions about what “clean energy” really means.


Guest: Michael Holtz, freelance journalist and author of “Idaho Is Sitting on One of the Most Important Elements on Earth.”


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Transcript

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0:00.0

I think that the holidays feel like frozen noses. I love walking with the dog for long periods of time.

0:10.0

Hopefully it's snowing and you've got to wrap up warm. So I think a frozen nose is a sweaty armpit

0:15.0

because your wrapped up so warm but then you're climbing hamps and heath and you get to the top

0:20.0

and you're like, and then you can see the breath but then your nose is still freezing to touch.

0:25.0

Join in every sip with red carp snown back at Starbucks.

0:44.0

Back in August, President Biden hosted a Made for Television event on the White House lawn.

0:50.0

It was about electric vehicles.

0:53.0

Please, everybody sit down. Please, please, please.

0:58.0

The president wore his signature aviator sunglasses as he stepped up to the microphone.

1:03.0

Someone had parked a bunch of trucks behind him for visual interest.

1:07.0

Eventually he ended up driving in electric jeep and circles around the White House.

1:12.0

It was hard not to feel like the communications team was working overtime to spark interest in something a lot of Americans are not thinking much about.

1:20.0

Not just electric vehicles, but all of the things that go into building them.

1:25.0

And a key part of electric vehicle to state the obvious is the battery.

1:30.0

And right now 80% of the manufacturing capacity for these batteries is done in China.

1:35.0

You know, it was back in August that President Biden announced that by 2030 he wanted half of all new cars going on the market to be electric vehicles.

1:47.0

But we just have to move, we have to move fast.

1:52.0

Is that realistic?

1:53.0

Is that realistic? I mean, it's a pretty ambitious goal to be sure.

1:59.0

Michael Holtz reports for the Atlantic and other outlets.

2:03.0

He was watching this presser with some interest because he knows just how fragile the electric vehicle supply chain really is.

2:11.0

Like those batteries Biden was talking about, it's not just that many car companies aren't assembling them here in the US.

...

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