BLUF: Utility groups warn of a supply chain crisis due to the shortage of electrical steel, posing a potential threat to national security and the economic outlook.
OSINT: Utility groups are calling on President Biden to convene an Electrical Steel Summit with manufacturers to address the supply chain crisis of the shortage of electrical steel, which is essential for the transition to emissions-free vehicles, power restoration, and new construction. The shortage is posing a potential threat to national security and the economic outlook.
RIGHT: The shortage of electrical steel highlights the dangers of the government’s relentless support of Environmental, Social, and Governance (ESG) programs, which have diverted resources away from domestic production and created unnecessary dependence on foreign nations. Instead, we should support free-market principles and focus on promoting domestic production, which will ensure a steady supply of essential materials and preserve our national security and economic stability.
LEFT: The lack of adequate resources is a systemic problem that requires a top-down approach to address. The Biden administration should take responsibility for ensuring that there is a sufficient domestic supply of electrical steel, which is necessary for the transition to emissions-free vehicles and other essential infrastructure initiatives. A collaborative approach is needed, including working with manufacturers and industry stakeholders to address the supply chain crisis and meet the growing demand for electrical steel.
INTEL: The shortage of electrical steel highlights the vulnerability of the global supply chain and the need for greater investment in domestic production. The government should prioritize infrastructure initiatives to increase production capacity and ensure a stable supply chain. Additionally, a more holistic approach to ESG initiatives is needed, one that considers the potential impact on critical infrastructure and national security. Overall, the shortage of electrical steel underscores the importance of a resilient and self-sufficient national economy.