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China 'over production' in the new energy sector is the critical driver toward making the global shift away from fossil fuels. It can't be done without collapsi
by hunglee2 3y ago
China 'over production' in the new energy sector is the critical driver toward making the global shift away from fossil fuels. It can't be done without collapsing the cost the doing so. We can expect the same story unfold for batteries as we saw a decade ago with photovoltaics - an ultimate win on aggregate for humanity
- lm28469 3y agoSo Russian gas bad but Chinese batteries/solar panels/windmill good?
- ponector 3y agoDon't you see how it is bad to trade with the terrorist state? China has issues, but it is not so evil as Russia and Iran.
- nharada 3y agoYes?
- flakeoil 3y agoFor the environment, yes, for sure. By the way, regarding windmills, China is not that big.
- throwaway4good 3y agoNothing wrong with Russian gas - something wrong with their invasion of Ukraine.
- lm28469 3y agoGood thing China has absolutely no ambitions when it comes to territory then, it would be a shame to repeat the exact same scenario
- realusername 3y agoIn a few years you'll have the same people surprised when the Chinese dictator will shut down key energy exports like these either for Taiwan or some other land grab. Some people just never learn from the past.
- hunglee2 3y agoclear conclusion from the evidence?
- bryanlarsen 3y agoBuilding a natgas plant makes you dependent on your natgas supplier filling you up daily. Building a solar/wind/battery plant makes you dependent on your supplier delivering every 20 years or so.