A variety of converging factors stand ready to accelerate the energy transition away from hydrocarbons . Board room pressure, government incentives and growing popular support will force oil and gas companies to change their behavior . As the world slowly emerges from the COVID-19 pandemic, many commodity prices are on the rise. However, prices for those metals and minerals involved in the energy transition — i.e. lithium, copper and rare earth elements — will likely remain high beyond the initial recovery. Sustained demand and limited supply, along with the strategic nature of electrification technology, will drive nation states to ensure the security of supply chains for these elements. For the United States and its allies, this security will include finding sources for mining or processing rare earth elements that do not involve China. Australia provides an alternative location, but so does Greenland.