in News Departments > New & Noteworthy
print the content item

The U.S. must reform its mine permit process and safety regulations to get to the vast underground resources of rare-earth materials that could drive growth, add jobs and bring revenues to state budgets, according to a new study from the National Center for Policy Analysis (NCPA).

"Rare earths and rare-earth mining are crucial to modern life, providing critical components of everything from iPhones to computers, medical CAT scans, defense equipment, wind turbines and other forms of green energy," says NCPA Adjunct Fellow Tom Tanton. “Yet, the United States depends on other countries, some of which are not very friendly, for these elements, importing more than 96 percent of its rare earths. This dependence on foreign sources such as China for our supplies of these critical elements must end, and it can.”

According to the NCPA, the study found that states with rare-earth resources could increase gross state product by almost $40 billion, add nearly 3,600 shovel-ready jobs and improve state revenues by $724 million by simplifying the approval process for rare- earth mining projects.

“Australia and Canada set good examples of how it should be done. Their permit approval time is dramatically shorter than the average seven years it takes in this country,” says Tanton. “The U.S. needs to combine redundant and multiple agencies into a single ‘one-stop-shopping’ authority.”

“It is economically foolish to rely on other countries for such critical minerals, when we have a bounty of them in the U.S. available for use,” Tanton adds.

More information on the report is available here.




Trachte Inc._id1770
Latest Top Stories

Setting The Record Straight: How Many Birds Do Wind Turbines Really Kill?

Several peer-reviewed studies are more or less in agreement with avian mortality rates caused by wind turbines. However, one study, which is wildly off from the others, is most often cited in the media. Why?


Six Takeaways From The IRS' Start Of Construction Guidance: What You Need To Know

The IRS recently issued guidance to wind developers to further spell out what "start of construction" means. Will you be covered?


Eagle Take Permits For Wind Farms - Will They Fly?

Now that the U.S. Fish and Wildlife Service has issued the first permit allowing the legal take of eagles, can wind developers expect more certainty in the agency's application process?


Despite 2013 Challenges, U.S. Wind Power Reaches All-Time Low Price

In a new report, the U.S. Department of Energy details the highs and lows of the country's wind industry last year, and the agency maintains that the U.S. sector remains strong.


Mexico On Pace To Set New Renewables Investment Record

A new report says the country has spent $1.3 billion on clean energy in the first half of 2014 and could end up seeing a record year. Furthermore, wind power is slated for significant growth in the region.

Canwea_id1984
Renewable NRG_id1934
Tower Conference_id1965
UnitedEquip_id1995