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Maybe China is doing all the energy intensive low margin work. Since its low margin energy must be dirt cheap, and literal dirt is still the cheapest way to gen
by api 7y ago
Maybe China is doing all the energy intensive low margin work. Since its low margin energy must be dirt cheap, and literal dirt is still the cheapest way to generate power.
Not letting China totally off the hook, just suggesting that there is an economic force driving them toward the bottom of the barrel for cheap energy. California gets up to 50% of its power from solar during midday, but it also does a lot of much higher margin work like software, design, skilled manufacturing, etc.
The world CO2 per GDP number is falling, which is a good sign:
https://data.worldbank.org/indicator/en.atm.co2e.pp.gd https://data.worldbank.org/indicator/en.atm.co2e.pp.gd