Shanghaied By Gore And The Greens

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One of the biggest lies that Al Gore, Barack Obama and other Greens have told the nation is that if we simply use more hybrid cars, wind turbines, solar panels and other such inventions, we will no longer have to go begging sheiks and mullahs for our energy source.

Editor’s note: This is part 2 in a two-part series on the dangers of going green.

In 1992, Chinese leader Deng Xiaoping said: “The Middle East has oil. China has rare earths.”

American liberals are determined to sell out America — even it means a deal with the devil: China, a nation whose ambitions include world domination within the next 20 years.

The only thing standing in Beijing’s way is the United States, a quickly fading superpower that owes more than $1.4 trillion in Treasury debt.

America’s total servitude may soon stretch beyond money. If the Greens get their way, America will need China just to power itself up each day. That is because China has a near monopoly of rare earth elements, the essential ingredients that power renewable energy — something President Barack Obama and the Democrats in Congress insist on.

Last week, OilPrice.com told the dirty truth about clean energy: “It’s official — China’s de facto monopoly on current rare earths production is a threat to the global economy.”

Rare earth elements were the substance discussed at length during the Sept. 21 meetings by the U.S. House of Representatives Committee on Foreign Affairs Subcommittee on Asia and the Pacific.

New American Security analyst Christine Parthemore laid out what was said at the national security meeting: “Reliable access to critical minerals is a matter of both economic and geostrategic importance to the United States. … Today, no minerals are more troubling to U.S. security and foreign policy than rare earth elements. … Supplies are concentrated mostly in the hands of one supplier [China] with its own rising demand, and the United States today has no good options for recycling rare earth minerals or substituting more easily obtained minerals.”

What are rare earth elements? Noted energy analyst and writer Robert Bryce points out that lanthanides power most green technologies. Within them is a subset that is the cornerstone to clean energy: neodymium and praseodymium.

According to Bryce, these two materials, along with the other elements found in the lanthanides’ row of the periodic table, are essential commodities in nearly all of the technologies that are seen as solutions to our energy challenges, from wind turbines and hybrid cars to solar panels, computers and batteries.

Why are they so important? Lanthanides, which are also called “rare earths,” have special features at the quantum mechanics level. The configuration of their electrons allows them to have unique magnetic interactions with other elements. In other words, they have the elements to power the green industry.

There’s just one catch: The characteristics make lanthanides a key choke point in the development of the green economy.

Made In China

This has been one of the biggest lies that Al Gore, Barack Obama and other Greens have told the nation. According to these liars, if we simply use more hybrid cars, wind turbines, solar panels and other such inventions, we will no longer have to go begging sheiks and mullahs for Middle East oil.

Rather, we will have to beg somebody else: America’s rival for superpower status. You see, China controls almost all of the world’s lithium, the essential element in all high-capacity batteries.

Bryce writes: “In its headlong rush to go ‘green,’ the United States may simply be trading reliance on one type of import for reliance on another. Instead of requiring oil supplied by dozens of producers located in the Persian Gulf and elsewhere, it will need rare earth commodities produced by the Chinese as well as lithium mined by a handful of foreign countries.”

It was reported just last month that China now produces nearly 95 percent of the world’s rare earth materials. In today’s “Go Green” society, this gives the Chinese a future monopoly over America’s future energy dependence that the Organization of Petroleum Exporting Countries only could have dreamed about.

People like Gore are either willfully ignorant of this truth about China’s monopoly over Green components or they gleefully ignore it, so they can collect their own green.

In 2007, Gore won his Nobel Peace Prize and declared that the United States should commit to producing 100 percent of our electricity from renewable energy and truly clean carbon-free sources within 10 years. In a November 2008 opinion piece in The New York Times, Gore said the nation must replace “dangerous and expensive carbon-based fuels with 21st-century technologies that use fuel that is free forever: the sun, the wind and the natural heat of the earth.”

Earlier that year, Gore and the Alliance for Climate Protection launched a $300 million media campaign designed to stop global climate change. Their goals were backed by a number of Web sites, including Wecansolveit.org, Climateprotect.org and RepowerAmerica.org.

In less than a year, more than 2 million people had joined and had agreed to the statement, “I want to Repower America with 100 percent clean electricity within 10 years.”

Gore’s grassroots partners include the National Audubon Society, the Evangelical Environmental Network and many other groups. All Gore’s partners seem either very stupid or shortsighted.

It is true that most Americans have no idea why rare earth elements are important or why the Chinese monopoly on them is so dangerous.

The American Dream reported last month that China is enforcing strict new quotas on the export of all these essential metals. Why is that a problem? According to one Web site: “(It is because) these metals are essential in an increasing number of high technology products.”

We are just into our second decade of the 21st century, and China owns the minerals that make critical products, including:

  • Hybrid car batteries,
  • Supercomputers.
  • Flat-screen televisions.
  • Cellphones.
  • iPods.
  • Radar systems.
  • Missile-guidance systems.
  • Satellites.
  • Aircraft electronics.
  • Smart bombs.

We may not be able to alter the world’s geology. We may have to make deals with Beijing to import these goods that are essential to America’s future. But we don’t have to turn our back on the proven power of petroleum only to further enable our Communist competitors in China.

On the eve of 2012, America can count on two things:

  1. Petroleum remains the best source of energy in the world.
  2. Washington must not be allowed to mortgage America’s future on unproven clean energy, the key components of which belong to China.

The only other alternative is Green energy, a future in which America’s biggest enemy — communist China — dictates our future and our eventual servitude.

Joseph Stalin said: “When we hang the capitalists, they will sell us the rope.” It is an ideology that persists in China today.

Yours in good times and bad,

John Myers
Editor, Myers Energy & Gold Report

John Myers

is editor of Myers’ Energy and Gold Report. The son of C.V. Myers, the original publisher of Oilweek Magazine, John has worked with two of the world’s largest investment publishers, Phillips and Agora. He was the original editor for Outstanding Investments and has more than 20 years experience as an investment writer. John is a graduate of the University of Calgary. He has worked for Prudential Securities in Spokane, Wash., as a registered investment advisor. His office location in Calgary, Alberta, is just minutes away from the headquarters of some of the biggest players in today’s energy markets. This gives him personal access to everyone from oil CEOs to roughnecks, where he learns secrets from oil insiders he passes on to his subscribers. Plus, during his years in Spokane he cultivated a network of relationships with mining insiders in Idaho, Oregon and Washington.

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