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The green coalition governments across the EU are leaving a huge mess behind. De-industrialization at a pace never seen before at peace times. China is happy t
by alecco 2y ago
The green coalition governments across the EU are leaving a huge mess behind. De-industrialization at a pace never seen before at peace times.
China is happy to fill in the void.
- Cthulhu_ 2y agoHow is China filling a void in local energy production? Exporting energy over those distances isn't viable. I mean granted, China's push to expand their solar panel production has led to affordable solar panels for a lot of home owners and communities, massively boosting solar / renewable energy adoption to the point that local energy grids are at capacity. Likewise, their push to expand production of batteries and cars has led to an influx of more affordable cars into Europe. But isn't that the wish / goal? More renewable energy, less dependence on petrol and gas and the like? It's just that both the US and Europe didn't invest and scale up as much and as fast as China was able to.
- alecco 2y ago> How is China filling a void in local energy production? China is investing in power generation almost as much as the rest of the world combined. That energy is used by their massive and growing manufacturing industry. Bye bye EU manufacturing like cars. Note China wasn't even a significant exporter of cars just 10 years ago and now they are becoming dominant. Germany and the EU dug their grave. It would be hard to undo the damage now.
- Jensson 2y agoYou can export electricity in the form of product that needed electricity to make, like a bike.
- tcfhgj 2y agoMaybe this shows the beginning of the end of capitalism. Sustainability is just incompatible with capitalism
- pelorat 2y agoEnergy shouldn't be produced under capitalism IMO. Decades ago the government owned everything energy, and it was better, just like back when we had real postal services. Energy, water, sewage treatment. Nationalize all of it.
- mantas 2y agoMore like sustainability only seems to be possible with this crony-capitalism that is going on in european energy markets nowadays. It wouldn't survive nor pure capitalist market, nor as a state service.