Clean energy programs offer $14B opportunity for innovators
but encountered a windy, battery-draining cold front on the way back. I gladly would have charged up while eating lunch at the Valero on I-37 in Pleasanton, rather than drafting 18-wheelers for two nail-biting hours to arrive in the red.
“This program can channel funds into underserved communities, corridors, ports and commercial centers — expanding access, creating new jobs, and reducing transportation costs and pollution,” said Tom “Smitty” Smith, executive director of the Texas Electric Transportation Resources Alliance. Selling millions of EVs will require hundreds of millions of battery cells. The United States can either take the lead in advanced battery manufacturing or remain dependent on foreign countries for our energy supply.if companies and researchers show their ideas have a fighting chance. But some worry-warts question how fast we can find and develop new sources for lithium, cobalt, rear earth elements and other critical minerals.
The bipartisan infrastructure law provides $140 million to the Department of Energy to finance a demonstration project that extracts rare earth elements from coal waste and ash, acid mine drainage, and water produced from oil and gas wells.
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