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China is currently at the forefront of deploying renewable energy. They install more Solar than rest of the world combined. They are investing 100s of Billions
by nojvek 2y ago
China is currently at the forefront of deploying renewable energy. They install more Solar than rest of the world combined. They are investing 100s of Billions in manufacturing cheaper solar panels and batteries. China now has >50% new cars sold as EVs.
China sees this as an opportunity and delivering on it. Meanwhile majority of Americans voted for Trump, the sentiment is anti climate change and 'drill baby drill!'.
The cheaper Solar and batteries become, the more they get deployed. Like we solved hole in the Ozone, I'm optimistic we'll transition to a net zero energy future but pessimistic that US may get left behind and it'll be too late for many of the industries to compete with China. We are too short term focused.
- rwyinuse 2y agoWith upcoming US government it's starting to feel like the Chinese Communist party isn't all that bad in comparison. At least they aren't actively trying to kill future generations simply to protect big oil profits and to oppose democrats. I wouldn't be surprised if China overtakes the US completely in science and technology with the way things are going.
- tap-snap-or-nap 2y agoPeople believed the same about Germany about a century ago, we know the path ahead did not end so well for anybody. This time around though, many nations possess nuclear weapons.
- lovecg 2y agoGive it time. Centrally commanded dictatorships always seem to hum along right to the point of sudden collapse.
- griffzhowl 2y agoHmm, on the other hand you could argue that China has been a centrally commanded dictatorship in one form or another for over 2000 years
- mcphage 2y agoIt has also collapsed several times in that span.
- griffzhowl 2y agoYes, but then replaced by another dictatorship
- mcphage 2y agoYep
- nojvek 2y agoIMO current US leadership isn't too far from a 'centrally commanded dictatorship'. Yes, China has many problems by their rise is exemplary. Especially in being the world's factory and having such a large export surplus. Their foray into dominating steel, high speed rail, solar panels, batteries, electronics e.t.c They seem to be making good bets on the future, while US is holding on their bets from the last century.