But there’s also an obvious catch: The faster they move to decarbonize, the more they will have to rely on China to supply the necessary materials. After all, Beijing controls the overwhelming majority of the world’s clean technology and critical mineral supply.
Governments, uneasy about the idea of swapping one dependence for another, are keenly aware of that fact. The question now is whether they’ll put those reservations aside in favor of bolstering their energy security or continue taking measures to protect their economies from China’s dominance…
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