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I'm glad they do. I always thought, when 1 Billion Chinese will start to drive cars instead of bicycles, we're all toast (literally). It seems, that also the
by Uhrheber 8y ago
I'm glad they do.
I always thought, when 1 Billion Chinese will start to drive cars instead of bicycles, we're all toast (literally).
It seems, that also the Chinese government knows this, and they're doing the right thing.
- rch 8y agoThey know that they'll have an easier time producing batteries and electricity than gasoline, that's all.
- RidingPegasus 8y agoIs the world running out of petrol? Chinese fuel prices are fairly cheap on a global scale. It has far more to do with public discontent over air quality than petro-politics.
- llukas 8y agoIs seems we are running out of breathable air faster than petrol. :)
- rch 8y agoChina became a net importer of oil in the 90s, and the negative externalities of petroleum production would naturally induce them to focus on demand reduction to alleviate that dependency. They also travel far and wide to drill (just as the U.S. does). Is that "petro-politics", environmentalism, or rational energy policy?
- starbeast 8y agoIf China had the same petrol car ownership as the USA, they would need more than 100 million barrels a day just for the Chinese car owners. Given this is slightly more than current total global consumption, petro-politics definitely come into play.
- rcMgD2BwE72F 8y agoWe can have cheap oil and still run out of it. That's what happens when you replace all ICE with EV until you don't have much oil to extract economically. "The Stone Age didn’t end for lack of stone, and the oil age will end long before the world runs out of oil." -- Sheikh Zaki Yamani
- kaybe 8y agoIt will still be a problem, since the energy has to come from somewhere. Just as our energy use is a problem.