Category: China

US increases production to catch China in global battery race 6/9/2022

US increases production to catch China in global battery race

Payne Institute Director Morgan Bazilian contributes to this article about how as battery-powered electric vehicles become a mainstay on the nation’s highways — and a key piece of President Biden’s environmental policy — the U.S. is facing a formidable challenge in its efforts to compete in the global battery race. June 9, 2022.

The Biden Administration Has Taken Some Bold Steps on Energy, But More Remains to be Done 5/12/2022

The Biden Administration Has Taken Some Bold Steps on Energy, But More Remains to be Done

Payne Institute Director Morgan Bazilian and Duncan Wood write about how President Biden’s recent invocation of the Defense Production Act (DPA) to include five critical minerals is an important symbolic step toward moving to a low-carbon energy and transport system. The minerals mentioned in Biden’s announcement are those that are especially fundamental to modern batteries for electric vehicles and energy storage for power systems that are increasingly reliant on wind and solar power.  May 12, 2022.

Get digging 5/12/2022

Get Digging

Payne Institute Program Manager Jordy Lee contributes to this article about how we’re going to need a lot of minerals for the clean energy transition — think copper, nickel and lithium, among others.  We’ll need those minerals for solar panels, wind turbines, electric vehicle batteries and battery storage for renewable energy. Lithium in particular is a key component for batteries – but China controls most battery processing, and current trade tensions and national security concerns are raising concerns about the reliability of that source.  May 12, 2022.

Satellite Data Offers a Broad Array of Policy Insights 5/12/2022

Satellite Data Offers a Broad Array of Policy Insights

Payne Institute Communications Associate Chris Dunn and Director Morgan Bazilian summarize how satellite data is rapidly growing in importance for informing crucial policy decisions. Insights offered fall into one of three main categories: energy security and assessment, emissions and environment, and human and national security. May 12, 2022.

Friedland’s Revenge 4/10/2022

Friedland’s Revenge

Payne Institute Program Manager Jordy Lee contributes to this article about how mining mogul Robert M. Friedland’s, the eccentric founder of Ivanhoe Mines, decision to partner with some of China’s biggest players represents a conundrum for the West. The renewable energy transition won’t be achieved, he said, without the critical metals needed “to electrify the world economy,” representing a kind of “revenge of the miners” — a vindication that, after decades of investor preoccupation with technology stocks, the world needs people like him to dig stuff out of the ground.  April 10, 2022.

Precious Metal Values are Raising Battery Prices and Slowing EV Uptake

Precious Metal Values are Raising Battery Prices and Slowing EV Uptake

James McCandless and Payne Institute Fellow Rod Eggert write about how electric vehicles (EV) are still too expensive for a lot of people. As automakers work to bring EV production to scale, they’re running into a problem: ongoing constraints in the supply chain are keeping prices on battery components high. Specifically, there’s been a sharp increase in the cost of lithium and nickel, both key components to building EV battery cells. April 4, 2022.

Biden eyes using wartime powers for minerals needed in clean energy push 3/30/2022

Biden eyes using wartime powers for minerals needed in clean energy push

Payne Institute Program Manager Jordy Lee contributes to this article about how President Joe Biden could use the Defense Production Act to help secure U.S. sources of critical minerals that are deemed key components of clean energy technology. While the U.S. possesses many of those minerals, industry and some lawmakers of both parties contend regulations have deterred development and forced the U.S. to rely on supplies from nations like China, Russia, South Africa and Australia.  March 30, 2022.

A breakdown of how much capital is actually going to fight climate change 3/16/2022

A breakdown of how much capital is actually going to fight climate change

Payne Institute Sustainable Finance Lab Program Manager Brad Handler and Director Morgan Bazilian write about how the recent UN COP26 climate negotiations once again revealed how the richest nations in the world are not meeting their commitments to the developing world.  A vastly more important shortcoming of public climate finance is its continued failure to attract the private capital that increasingly appreciates the long-term imperative of climate action and that will be essential if the world is to spend the trillions necessary to fight climate change.  March 16, 2022.

US, China power struggle on display at climate summit 11/7/2021

US, China power struggle on display at climate summit

Payne Institute Director Morgan Bazilian contributes to this article about how disputes over commitments to tackle climate change are the latest flashpoint in tensions between the U.S. and China.  The sparks show that even in issues that require international cooperation such as climate change, the strained U.S.-China relationship still reverberates.  November 7, 2021.

Coal prices are rising, but producers can’t keep up with demand 10/7/2021

Coal prices are rising, but producers can’t keep up with demand

Payne Institute Faculty Fellow Ian Lange contributed to this article about how coal, where supply shortages are pushing prices to record highs as well, has more than doubled in price. But for all its stigma, coal is pretty entrenched. It still generates more than half the energy in China, the world’s second-largest economy.  October 7, 2021.