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You're about 10 years ahead of yourself on your China prediction. Also, it's critical to remember metrics like GDP per capita. China still has a very long way t
by jusben1369 11y ago
You're about 10 years ahead of yourself on your China prediction. Also, it's critical to remember metrics like GDP per capita. China still has a very long way to go.
This is the classic "disruption" model. The incumbent nations have the $$'s to invest in infrastructure but in turn become dependent on that way of thinking. Emerging nations don't have the same legacy so can adopt very modern solutions. Solutions which also tend to be much cheaper and scale better. The developing world is further ahead in areas like solar, mobile phone (network), mobile payments etc. It's exciting to see them actually get some advantage from their otherwise disadvantageous position.
- Retric 11y agoThe real issue is US's electricity usage is declining. Replacing a working coal power plant with a wind farm is very different from building a wind farm instead of a coal power plant. That said, power plants only last so long, and existing capacity the trend is very different than this article suggests. US: 2010 Coal Power Prod: 1,994,000 GWh 2012 Coal Power Prod: 1,643,000 GWh China: 2010 Coal Power Prod: 3,273,000 GWh 2012 Coal Power Prod: 3,785,000 GWh PS: 2013 China produced 45.5% of the worlds coal, the US produced just 11.6%. http://www.sourcewatch.org/index.php?title=Existing_U.S._Coal_Plants http://www.sourcewatch.org/index.php?title=Existing_U.S._Coa...