#Bloomberg: Proposal to Help US Coal Country With Rare Earth Mining
GOP Representative Andy Barr is proposing legislation to expedite approval for coal companies to mine rare earths and other minerals critical for the electrification revolution the Biden administration covets.
The bill being introduced by the Kentucky Republican also would offer a lifeline to the struggling U.S. coal industry, which faces waning demand as power plants shift away from the dirtiest fossil fuel.
The measure would amend the so-called FAST act, a program that funds surface transportation infrastructure planning and investment. It would expand permitting to streamline and expedite the approval process for existing coal mines to extract and process the minerals the U.S. says are crucial for batteries and other green-energy infrastructure.