Today, the Progressive Policy Institute’s Innovation Frontier Project (IFP) released a new paper urging United States policymakers to establish a new framework on domestic rare earth element production, including streamlined permitting, tax reform, and high-impact R&D. Report author Daniel Oberhaus argues this new framework is critical for America’s future economic prosperity and the fight for innovation and economic leadership with China.
“When it comes to establishing a robust American rare earths industry, time is of the essence,” writes Daniel Oberhaus in the report. “…China’s dominance of this sector has been wielded for political leverage in the past with disastrous economic consequences that were felt across the globe. This may very well happen again in the future, but the stakes will be even higher given the increasingly central role that rare earths play in our daily lives.”
The report outlines four policy recommendations for a Rare Earths Elements strategy in the U.S., including:
Read and download the paper here:
Daniel Oberhaus is a science writer based in Brooklyn, New York. He was previously a staff writer at Wired magazine covering space exploration and the future of energy. His first book, Extraterrestrial Languages, is about the art and science of interstellar communication and was published by MIT Press in 2019.
Based in Washington, D.C., and housed in the Progressive Policy Institute, the Innovation Frontier Project explores the role of public policy in science, technology and innovation. The project is managed by Jordan Shapiro. Learn more by visiting innovationfrontier.org.
The Progressive Policy Institute (PPI) is a catalyst for policy innovation and political reform based in Washington, D.C. Its mission is to create radically pragmatic ideas for moving America beyond ideological and partisan deadlock. Learn more about PPI by visiting progressivepolicy.org.
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Media Contact: Aaron White; awhite@ppionline.org
