I'd like to know just how many tons of rare earths we have to import from China to run wind farms.
And why couldn't solar panels be developed without them?
Why not put a few tens or hundreds of billions (a tiny fraction compared to TARP or how much the US spends on the military) in to research in to these technologies to make them less dependent on rare earths?
But, as for the availability of rare earths outside China:
"As China slashes exports of rare earth elements, U.S. mine digs for more"
"Molycorp Inc., which owns the open mine, plans to dig out about 40,000 tons of dirt a year by 2014, up 1,200% from the current rate of about 3,000 tons.
The Colorado company is boosting production to meet an insatiable global appetite for rare earth elements..
The mine, about 16 miles from the Nevada border, has one of the world's largest deposits of rare earth elements outside Asia..
The company is spending more than $500 million to modernize and rebuild the 2,200-acre facility. The project is expected to create hundreds of permanent jobs and eventually produce rare earths at cheaper rates than mines in China."
http://www.latimes.com/business/la-fi-rare-earth-20110220,0,...
also:
"China's monopoly of the supply of strategic "rare earth" minerals will end when the Australian mining corporation Lynas brings a massive new refining plant in Malaysia into operation later this year...
The company has invested about $230 million in a refinery covering about 20 hectares which in September is due to start processing about 11,000 tonnes of rare earth oxide a year."
http://www.vancouversun.com/China+lose+monopoly+rare+earth+m...