Critical Minerals: Rare Earths and the U.S. Economy

Rare earths are 17 elements in the Earth’s crust used in a variety of applications, from hybrid cars and x-ray units to cell phones and wind turbines. When it comes to little-known resources, rare earths are probably the world’s most important — they are small but necessary components of a vast range of consumer goods that account for hundreds of billions of dollars in gross domestic product.

The Growing Benefits of a Warmer World

Earth’s climate has changed many times throughout its history. During the last century and a half, average temperatures have risen modestly, though the warming trend has stalled for the past 16 years. Contrary to popular belief, climate change thus far has had positive effects, and the net benefits of warming are likely to be positive for the foreseeable future.

How Fracking Helps Meet America’s Energy Needs

Crude oil prices are hovering around $100 per barrel, and the United States is producing oil at a rate not seen since the Alaska pipeline began flowing in the 1970s. At the same time, the growth of natural gas reserves is unprecedented. Just a few short years ago, many analysts argued that oil was nearly tapped out, and that America needed to plan for a post-petroleum future. Now, however, natural gas has taken the stage.

Global Warming Primer 2nd Edition

NCPA’s global warming primer presents a factual analysis of the state of the climate, the threats posed by global warming, and the implications and results of the possible responses to warming. Presented in a graphical format, the primer is useful for readers from middle school through adulthood who want to understand what scientists and economists know about the earth’s climate and what changes might mean.

Solving the Problem of Traffic Congestion

Traffic congestion is a growing problem in many metropolitan areas. Congestion increases travel time, air pollution, carbon dioxide (CO2) emissions and fuel use because cars cannot run efficiently. The number of hours Americans waste sitting in traffic more than quintupled between 1982 and 2005, according to the Texas Transportation Institute.

The Defense Implications of Rare Earth Shortages

Rare earth elements are used in everyday products: smart phones, hard disc drives, flat-screen televisions and advanced batteries. They are essential to such ‘green’ technologies as wind turbines, compact fluorescent lights and hybrid cars. In today’s world, which emphasizes cutting-edge and environmentally-friendly technologies, rare earths are everywhere.

Finding Sources of Rare Earths beyond China

The United States can create jobs, reduce reliance on foreign imports and improve national security by encouraging the domestic exploration and production of rare earth elements currently imported from other countries. While supplies of rare earths may not improve for several years, steps should be taken now to develop domestic mining and current policies should be changed to allow this growth.

Will Green Energy Make the United States Less Secure?

Environmentalists have long cited the harms caused by fossil fuels as evidence of the need to move to green energy sources, such as wind and solar power. Recently, some conservatives have joined their cause. Citing national security, those concerned about the United States’ freedom to act in its geopolitical interest have begun to embrace renewable energy as a means of reducing America’s reliance on foreign oil.

The Housing Crash and Smart Growth

There is general agreement the financial crisis that began with the failure of Lehman Brothers on September 15, 2008, was worsened by the bursting of the U.S. housing price bubble. It is also generally acknowledged that some of the fuel for the housing bubble came from a relaxation of mortgage loan standards that allowed many families to purchase homes they could not afford with loans on which they subsequently defaulted.

Solar Power Prospects

The production of electricity from renewable energy technologies is growing much faster than the electric power supply as a whole, and solar power is among the fastest growing segments of the renewable energy market. Public policy concerns and economics are driving this growth. Some analysts and politicians believe that increasing solar power use will enhance U.S. national security by reducing dependence on imported energy — primarily oil from the Organization of Petroleum Exporting Countries (OPEC) and Russia.

The Fiscal Impact of the Offshore Drilling Moratorium

With the price of oil more than $100 per barrel, higher gasoline prices are eating into Americans’ budgets. Consumers, however, are not the only ones losing out. Due to declining production at existing wells and bureaucratic delays on new wells in the Gulf of Mexico since the Deepwater Horizon oil rig blowout in 2010, the federal government is forfeiting revenues of more than $4.7 million per day.

Will Green Energy Make the United States Less Secure?

Environmentalists have long cited the environmental harms caused by fossil fuels as evidence of the need to move to green sources of energy such as wind and solar power. Recently, some conservatives have joined their cause. Citing national security, those concerned about the United States’ freedom to act in its geopolitical interest have begun to embrace renewable energy as a means of reducing America’s reliance on foreign oil.