Under pressure from both Democratic and Republican senators, President Biden is invoking the Defense Production Act to encourage domestic production of minerals used in batteries for electric vehicles and long-term energy storage. These minerals include lithium, nickel, cobalt, and graphite. The move has major implications for U.S. national security and the global climate, also serving as a reminder of the fossil fuel dynamics behind the Russian invasion of Ukraine. Host Ethan Brown breaks down the reasoning behind this bipartisan move in the U.S. and examines other developments in the global energy sector in this week’s “Tip of the Iceberg.”

For more information, see the companion “Tip of the Iceberg” essay here.