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COP 27- U.S. House Republicans to press need for minerals at climate talks

By Timothy Gardner WASHINGTON (Reuters) - Republican U.S. representatives heading to U.N. climate talks in Egypt plan to discuss developing critical minerals used in everything...
COP 27- U.S. House Republicans to press need for minerals at climate talks © Reuters. FILE PHOTO: FILE PHOTO: Republican U.S. Rep. John Curtis of Utah, running for re-election to the U.S. House of Representatives in the 2022 U.S. midterm elections, speaks at the Utah County Republican Party Lincoln Day Dinner, in Provo, Utah, U.S. February
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By Timothy Gardner

WASHINGTON (Reuters) - Republican U.S. representatives heading to U.N. climate talks in Egypt plan to discuss developing critical minerals used in everything from nuclear energy and electricity transmission to batteries for electric vehicles, the head of the delegation said on Wednesday.

"I'm hoping to see a more practical approach to bringing forth the critical minerals that we need in a new energy world," said Representative John Curtis, the chairman of the Conservative Climate Caucus, a group of lawmakers. Five members of the group, including Representatives Greg Murphy and Mariannette Miller-Meeks, plan to attend late in the second week of the talks, set to run Nov. 6-18 in Egypt's resort town of Sharm el-Sheikh.

No Republicans in the House of Representatives or Senate voted for the Inflation Reduction Act, which had $369 billion in tax breaks for clean energy and climate, the most ever. Curtis said just because Democrats showed they can "ram a bill through" doesn't mean it was the best legislation for America or that input of Republicans on climate is not valuable.

Republicans want to make sure the United States maintains and builds upon its robust nuclear power and natural gas industries and avoids eschewing them as some countries in Europe have only to find that they increased reliance on Russia for energy, Curtis said in an interview.

Nuclear power backers say reactors can be an important source of virtually emissions-free electricity. Critics say even advanced reactors have waste and proliferation concerns.

Curtis said minerals production in developing countries has at times raised concerns about human rights and the environment. "Often we're willing to turn a blind eye to conditions of extraction overseas," he said. "We can do it cleaner, more responsibly, here in the United States."

Some miners want to open mining projects for uranium and other minerals in Utah, the state Curtis represents, while some of those projects are opposed by environmentalists. "I think we have to be honest with ourselves and the needs for these critical minerals moving forward," Curtis said about minerals production around the world.

The group will be meeting with delegations from U.S. allied countries in Africa, Asia and the European Union, said Adam Cloch, a spokesperson for Curtis.

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    EUR/USD 1.0658 ↑ Sell  
    GBP/USD 1.2475 ↑ Sell  
    USD/JPY 157.91 ↑ Buy  
    AUD/USD 0.6469 Neutral  
    USD/CAD 1.3780 ↑ Buy  
    EUR/JPY 168.32 ↑ Buy  
    EUR/CHF 0.9808 Neutral  
    Gold 2,295.80 ↑ Sell  
    Silver 26.677 ↑ Sell  
    Copper 4.5305 ↑ Buy  
    Crude Oil WTI 81.14 ↑ Sell  
    Brent Oil 85.62 ↑ Sell  
    Natural Gas 1.946 ↑ Sell  
    US Coffee C 213.73 ↑ Sell  
    Euro Stoxx 50 4,920.55 ↑ Sell  
    S&P 500 5,035.69 ↑ Sell  
    DAX 17,921.95 ↑ Sell  
    FTSE 100 8,144.13 Sell  
    Hang Seng 17,763.03 ↑ Sell  
    Small Cap 2000 1,973.05 ↑ Sell  
    IBEX 35 10,854.40 Neutral  
    BASF 49.155 ↑ Sell  
    Bayer 27.35 ↑ Sell  
    Allianz 266.60 ↑ Sell  
    Adidas 226.40 ↑ Sell  
    Lufthansa 6.714 Neutral  
    Siemens AG 175.90 ↑ Sell  
    Deutsche Bank AG 15.010 Neutral  
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank8,300/ 8,500
(8,300/ 8,500) # 1,298
SJC 1L, 10L, 1KG8,300/ 8,520
(0/ 0) # 1,510
SJC 1c, 2c, 5c7,380/ 7,550
(0/ 0) # 540
SJC 0,5c7,380/ 7,560
(0/ 0) # 550
SJC 99,99%7,370/ 7,470
(0/ 0) # 460
SJC 99%7,196/ 7,396
(0/ 0) # 386
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