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According to The Verge, the Biden administration invoked the Defense Production Act for EV batteries and clean energy last week.

Questions:

  1. What does this mean in the near term for certain types of mines in the U.S.?
  2. Are lithium batteries sustainable in the long-term? Discuss.
  3. What is the Defense Production Act?
  4. How do you see the rise in EV energy affecting accounting?
  5. What was the most interesting thing you learned about the EV Energy Industry in the video?

Source

Calma, J. (2022). Joe Biden invokes Defense Production Act for EV batteries and clean energy. The Verge, March 31 (Retrievable online at https://www.theverge.com/2022/3/31/22996690/joe-biden-defense-production-act-ev-batteries)