this post was submitted on 19 Jun 2024
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I think of the mining issues somewhat like nuclear power. That mining is also very problematic and destructive to the environment. However in both cases, it’s a relatively small amount. Even if the local environmental or social cost is higher, it is such a small amount of material that the overall cost is still lower.
Also, consider supply and demand. Every article talking about how bad. The mining is, mentions how there’s reasons more developed countries don’t do it. Recent years have seen several announcements of newly discovered resource in the US, for example. Will they be mined, despite higher worker safety and environmental protection? One way to encourage this is higher demand, raising the price enough to drive their profitability