The US and other net importers could also offer tariff reductions

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Concessional financing and access to technology, all subject to stricter labor and environmental standards. Next, the US and other net importers should combine longer-term purchasing agreements with more generous value sharing and royalty models for exporting governments. Mining executives have told me they would agree as long as mineral-rich governments guarantee that existing investments will not be nationalized, which seems reasonable. Third, all parties would agree to diversify their supply chains, which is especially important in areas such as mineral processing, where China controls about 85 percent of the market. Members would also cooperate on innovation and recycling to reduce demand. The magnitude of the projected deficits implies a commitment to technology.

The most promising technologies, such as batteries that use sodium instead of lithium, still face real obstacles. With these measures, everyone wins: supply is boosted and net exporters get more generous Job Function Email Database investments and conditions in the new agreements. Affected communities gain more. We are making progress in decarbonizing one of the dirtiest industries in the world (Indonesia, the world's leading producer of nickel, has a carbon footprint up to 6 times larger than the industry average). And guaranteed supply may even induce climate commitments from other large emitters. Convincing India to ban internal combustion engines becomes much easier, for example, if a shortage of electric vehicle batteries is not a serious risk. The history of commodities, especially those related to energy, is heavily arbitrated by governments.



The headlines in a decade could be positive: a thriving electric vehicle manufacturing sector, transatlantic climate goals met, and the fraught geopolitics of oil largely replaced by clean, secure energy. But that depends on Washington and Brussels acting now.With the new launch of Threads and the euphoria it is generating among millions of users, the new Meta application that wants to compete against Twitter deserves a small guide so that you have a general idea of ​​how it works. Before Elon Musk and Mark Zuckerberg get into their physical fight, people can settle for a virtual battle that has just begun. Called Threads, it's a simple text-based meta app that lets people compose and share those posts in real time. The first sign of Threads came in March 2023 when it was reported that Meta would launch an Instagram-branded app for Twitter.