US defense industry over-reliant on rare earth from China

Rare earth elements from China are being used to build weapons systems sold to the US Department of Defense, according to American geologist Victoria Bruce in an article written for Truthout, a nonprofit news organization based in the United States.

According to Bruce, participants at the meeting were outraged to discover that various top US weapon systems including Lockheed Martin’s F-16 fighter, Raytheon’s ground-to-air missile system, Boeing’s Ground-Based Midcourse Defense missile system, Northrop Grumman’s Global Hawk, and General Atomics’ MQ-1 Predator would not work at all without China-sourced rare earth materials. After learning this fact, a number of the participants promised to take action. Continue reading

President Obama’s big carbon crackdown readies for launch

Prepare for energy prices to skyrocket as regulation costs are always passed on to the consumer.

The EPA will launch the most dramatic anti-pollution regulation in a generation early next month, a sweeping crackdown on carbon that offers President Barack Obama his last real shot at a legacy on climate change — while causing significant political peril for red-state Democrats.

The move could produce a dramatic makeover of the power industry, shifting it away from coal-burning plants toward natural gas, solar and wind. While this is the big move environmentalists have been yearning for, it also has major political implications in November for a president already under fire for what the GOP is branding a job-killing “War on Coal,” and promises to be an election issue in energy-producing states such as West Virginia, Kentucky and Louisiana. Continue reading