Will Biden use the Defense Production Act to boost mining?
Will Biden use the Defense Production Act to boost mining?
Friday, March 25, 2022
Environmentalists are growing nervous that President Biden may invoke a Cold War-era program to fund more mining at home.
On Capitol Hill, pressure has grown in recent weeks for Biden to invoke a 1950 law — the Defense Production Act — in order to address rising energy prices and inflation. Progressives asked for Biden to use the DPA to mandate more renewable energy projects, while Sen. Joe Manchin (D-W.Va.) has asked whether the law could be used to spur more oil and gas production.
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