RealClearScience – The Looming Rare Earths Train Wreck

RealClearScience – The Looming Rare Earths Train Wreck.

An article to cheer us all  up:

China controls 95% of the world’s rare earths. They have cut back exports by 40%. The USA’s massive subsidies towards “green” technologies which rely heavily on rare earths, means that in their attempts to reduce reliance on petroleum and gas, they are heading for a huge train wreck with China directing the rails over a possible cliff…