NRDC Faces Criticism Over Mining Obstruction
NRDC Faces Criticism Over Mining Obstruction

NRDC Faces Criticism Over Mining Obstruction

News summary

The Natural Resources Defense Council (NRDC), boasting $463 million in assets, is criticized for obstructing mining projects in the U.S. that are essential for renewable energy production, such as copper and silver for solar panels and wind turbines. Despite the need for increased mineral extraction, the NRDC leverages political connections to halt mining efforts, citing environmental concerns. This has resulted in a lengthy and complex permitting process, with the U.S. now ranking nearly last globally in mine development time, averaging around 29 years. Notably, past attempts to open a mine in Alaska were thwarted by both Democratic and Republican administrations, demonstrating the challenge investors face in the current regulatory landscape. Physicist Mark Mills highlights the risks and uncertainties involved in seeking permits, suggesting that the likelihood of permit cancellation deters investment in U.S. mining. The NRDC's actions, according to critics, prioritize environmental rhetoric over practical solutions to energy needs.

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