The Emerging Battle for
Clean-Energy Commodities
As Russia’s isolation disrupts
global oil and gas markets, the U.S. must focus on securing the
minerals necessary for wind, solar and electric.
A miner at work in Chile’s Kiara copper
mine, June 2021.
Photo:
glenn arcos/Agence France-Presse/Getty
Images
For much of the 20th century, geopolitics
was shaped by the struggle for oil. Now it’s becoming ever more clear
that
geopolitics in the 21st century will be shaped by the struggle to move
away from oil.
This transition was bound to happen anyway because of concerns about climate change, but Vladimir Putin’s invasion of Ukraine,
by revealing the perils of Western dependence on Russian oil and gas, now figures to kick it into overdrive.
In the short run, these shifts mostly involve creating new patterns for moving old-fashioned fossil fuels around the planet
and even for extracting more of them during this crisis.
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