Biden invokes Defense Production Act to shore up raw materials for clean energy

Payne Institute Director Morgan Bazilian contributes to this article about how President Joe Biden invoked the Defense Production Act on March 31 to stimulate U.S. production of critical minerals.  The directive, issued alongside policy actions aimed at reducing gasoline prices in the U.S., authorizes the use of the Defense Production Act to encourage domestic production of materials critical to transitioning to cleaner energy technologies through purchases, purchase commitments or other action. March 31, 2022.