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Bipartisan TRACE Act is a Step Toward Greater Supply Chain Transparency</a></h2> <div id="hubspot-author_data" class="hubspot-editable" data-hubspot-form-id="author_data" data-hubspot-name="Blog Author"> Posted by <a class="author-link" href="https://blog.advancedenergyunited.org/author/harry-godfrey-joey-paolino">Harry Godfrey & Joey Paolino</a> on Jul 17, 2024 10:00:00 AM </div> <span id="hs_cos_wrapper_blog_social_sharing" class="hs_cos_wrapper hs_cos_wrapper_widget hs_cos_wrapper_type_blog_social_sharing" style="" data-hs-cos-general-type="widget" data-hs-cos-type="blog_social_sharing"> <div class="hs-blog-social-share"> <ul class="hs-blog-social-share-list"> <li class="hs-blog-social-share-item hs-blog-social-share-item-twitter">  <a href="https://twitter.com/share" class="twitter-share-button" data-lang="en" data-url="https://blog.advancedenergyunited.org/the-bipartisan-trace-act-is-a-step-toward-greater-supply-chain-transparency" data-size="medium" data-text="The Bipartisan TRACE Act is a Step Toward Greater Supply Chain Transparency">Tweet</a> </li> <li class="hs-blog-social-share-item hs-blog-social-share-item-linkedin">  <script type="IN/Share" data-url="https://blog.advancedenergyunited.org/the-bipartisan-trace-act-is-a-step-toward-greater-supply-chain-transparency" data-showzero="true" data-counter="right"></script> </li> <li class="hs-blog-social-share-item hs-blog-social-share-item-facebook">  <div class="fb-share-button" data-href="https://blog.advancedenergyunited.org/the-bipartisan-trace-act-is-a-step-toward-greater-supply-chain-transparency" data-layout="button_count"></div> </li> </ul> </div> </span> <br> </div> <div class="post-body clearfix">  <p><span data-contrast="auto"><img src="https://blog.advancedenergyunited.org/hs-fs/hubfs/Critical%20Minerals%20Policy%20Produces%20Bipartisan%20Support%20in%20Congress.png?width=654&height=327&name=Critical%20Minerals%20Policy%20Produces%20Bipartisan%20Support%20in%20Congress.png" width="654" height="327" loading="lazy" alt="Critical Minerals Policy Produces Bipartisan Support in Congress" style="height: auto; max-width: 100%; width: 654px;" srcset="https://blog.advancedenergyunited.org/hs-fs/hubfs/Critical%20Minerals%20Policy%20Produces%20Bipartisan%20Support%20in%20Congress.png?width=327&height=164&name=Critical%20Minerals%20Policy%20Produces%20Bipartisan%20Support%20in%20Congress.png 327w, https://blog.advancedenergyunited.org/hs-fs/hubfs/Critical%20Minerals%20Policy%20Produces%20Bipartisan%20Support%20in%20Congress.png?width=654&height=327&name=Critical%20Minerals%20Policy%20Produces%20Bipartisan%20Support%20in%20Congress.png 654w, https://blog.advancedenergyunited.org/hs-fs/hubfs/Critical%20Minerals%20Policy%20Produces%20Bipartisan%20Support%20in%20Congress.png?width=981&height=491&name=Critical%20Minerals%20Policy%20Produces%20Bipartisan%20Support%20in%20Congress.png 981w, https://blog.advancedenergyunited.org/hs-fs/hubfs/Critical%20Minerals%20Policy%20Produces%20Bipartisan%20Support%20in%20Congress.png?width=1308&height=654&name=Critical%20Minerals%20Policy%20Produces%20Bipartisan%20Support%20in%20Congress.png 1308w, https://blog.advancedenergyunited.org/hs-fs/hubfs/Critical%20Minerals%20Policy%20Produces%20Bipartisan%20Support%20in%20Congress.png?width=1635&height=818&name=Critical%20Minerals%20Policy%20Produces%20Bipartisan%20Support%20in%20Congress.png 1635w, https://blog.advancedenergyunited.org/hs-fs/hubfs/Critical%20Minerals%20Policy%20Produces%20Bipartisan%20Support%20in%20Congress.png?width=1962&height=981&name=Critical%20Minerals%20Policy%20Produces%20Bipartisan%20Support%20in%20Congress.png 1962w" sizes="(max-width: 654px) 100vw, 654px"></span></p> <p><span data-contrast="auto" xml:lang="EN-US" lang="EN-US"><span>Making the transition to a 100% clean, fully electrified economy will help cut emissions, lower costs, and increase reliability—but it will require more critical minerals and rare earth elements (REE). As we make this transition, the United States will become more energy secure, but will face a new landscape of commodity exposure. Today, we rely too often on tenuous supply chains, some of which are effectively monopolized by geostrategic competitors, for those resources. Despite record electric vehicle sales in 2023 and solar + storage topping all new energy deployed across the U.S., the advanced energy industry contends with highly concentrated sources for critical minerals such as lithium, nickel, cobalt, and copper, that power their technologies. Supply chain transparency, coupled with onshoring and friendshoring critical minerals production, diversified sourcing, and recycling play important roles in fortifying supply chains and reducing risk.   </span></span></p> <p></p> </div> <a class="more-link" href="https://blog.advancedenergyunited.org/the-bipartisan-trace-act-is-a-step-toward-greater-supply-chain-transparency">Read More</a> <p id="hubspot-topic_data"> Topics: <a class="topic-link" href="https://blog.advancedenergyunited.org/topic/federal-policy">Federal Policy</a>, <a class="topic-link" href="https://blog.advancedenergyunited.org/topic/critical-minerals">Critical Minerals</a> </p> </div> </div> <div class="blog-pagination"> <a class="all-posts-link" href="https://blog.advancedenergyunited.org/all">All posts</a> </div> </div> </div> </div> </div> </div> </div> </div> </div> <div class="row-fluid-wrapper row-depth-1 row-number-5 "> <div class="row-fluid "> <div class="span12 widget-span widget-type-custom_widget " style="" data-widget-type="custom_widget" data-x="0" data-w="12"> <div id="hs_cos_wrapper_module_1593459265801341" class="hs_cos_wrapper hs_cos_wrapper_widget hs_cos_wrapper_type_module widget-type-blog_comments" style="" data-hs-cos-general-type="widget" data-hs-cos-type="module"><span id="hs_cos_wrapper_module_1593459265801341_blog_comments" class="hs_cos_wrapper hs_cos_wrapper_widget hs_cos_wrapper_type_blog_comments" style="" data-hs-cos-general-type="widget" data-hs-cos-type="blog_comments"> </span></div> </div> </div> </div> </div> <div class="span4 widget-span widget-type-cell blog-sidebar" style="" data-widget-type="cell" data-x="8" data-w="4"> <div class="row-fluid-wrapper row-depth-1 row-number-6 "> <div class="row-fluid "> <div class="span12 widget-span widget-type-custom_widget " style="" data-widget-type="custom_widget" data-x="0" data-w="12"> <div id="hs_cos_wrapper_module_1593459524519402" class="hs_cos_wrapper hs_cos_wrapper_widget hs_cos_wrapper_type_module widget-type-rich_text" style="" data-hs-cos-general-type="widget" data-hs-cos-type="module"><span id="hs_cos_wrapper_module_1593459524519402_" class="hs_cos_wrapper hs_cos_wrapper_widget hs_cos_wrapper_type_rich_text" style="" data-hs-cos-general-type="widget" data-hs-cos-type="rich_text"><h3>Search</h3> <script src="https://cse.google.com/cse.js?cx=009956085972058874511:afj7xh_vpc0" async></script> <div class="gcse-search"> </div></span></div> </div> </div> </div> <div class="row-fluid-wrapper row-depth-1 row-number-7 "> <div class="row-fluid "> <div class="span12 widget-span widget-type-custom_widget " style="" data-widget-type="custom_widget" data-x="0" data-w="12"> <div id="hs_cos_wrapper_module_1593459377615343" class="hs_cos_wrapper hs_cos_wrapper_widget hs_cos_wrapper_type_module widget-type-rich_text" style="" data-hs-cos-general-type="widget" data-hs-cos-type="module"><span id="hs_cos_wrapper_module_1593459377615343_" class="hs_cos_wrapper hs_cos_wrapper_widget hs_cos_wrapper_type_rich_text" style="" data-hs-cos-general-type="widget" data-hs-cos-type="rich_text"><div class="cell-wrapper layout-widget-wrapper"> <h3>About</h3> <p>Advanced Energy Perspectives is Advanced Energy United's blog presenting news, analysis, and commentary on creating an advanced energy economy. 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