AI, Rare Earths, and Economic Statecraft with Michael Every & Craig Tindale | RR 22
Speakers Michael Every and Craig Tyndale warn that critical minerals and rare earths are reshaping global power as China’s near-monopoly on refining, integrated off-take contracts, and willingness to subsidize losses create strategic choke points Western markets and financiers cannot resolve through normal market mechanisms. They argue Western firms lack the processing capacity, viable financial models, and political will—exacerbated by ESG costs and canceled projects—to rebuild secure supply chains. The guests frame this as economic statecraft or ‘unrestricted warfare,’ where industrial policy and strategic investment, not market-led solutions, are required to retain technological sovereignty. The conversation links these material dependencies to broader geopolitical risks, including potential conflict hotspots that could further disrupt supplies.
Peak Oil (Not!), Peak Dispatchability, and WEF Risks | Frankly 124
The video ties together three seemingly disparate trends—record‑high crude oil output, a long‑term erosion of dispatchable power in the United States, and escalating geopolitical and ecological risks highlighted by the World Economic Forum. U.S. crude and condensate reached an all‑time peak...