3 ms·

oh no!

by Finnucane 1y ago

oh no!

lawlessone 1y ago
Won't someone think of the shareholders ;_;
- rogerrogerr 11mo ago
  If you are American, it is _exceptionally_ short sighted to think that energy production in your country is not a good thing to have.
  - stouset 11mo ago
    See it seems exceptionally short-sighted to me to continue the race to pull as much carbon out of the atmosphere as possible and put it in the air, but what do I know?
    - reducesuffering 11mo ago
      High oil prices means alternatives are more economical and the transition can happen sooner. Low prices keeps us using oil for longer
      - toomuchtodo 11mo ago
        Low prices destroy oil exploration investment, making it harder to establish future extraction as China pumps clean tech exports to the world. https://ember-energy.org/data/china-cleantech-exports-data-explorer/ https://ember-energy.org/data/china-cleantech-exports-data-e... (half a million barrels a day of global oil demand is destroyed every year EVs are produced at the current rate China produces them at)
        tracker1 11mo ago
        And how is China generating the energy needed for that production? I'm bullish on nuclear power myself.
        toomuchtodo 11mo ago
        https://ember-energy.org/latest-insights/china-energy-transition-review-2025/ https://ember-energy.org/latest-insights/china-energy-transi... https://ember-energy.org/latest-updates/wind-and-solar-generate-over-a-quarter-of-chinas-electricity-for-the-first-month-on-record/ https://ember-energy.org/latest-updates/wind-and-solar-gener... https://electrek.co/2025/09/02/h1-2025-china-installs-more-solar-than-rest-of-the-world-combined/ https://electrek.co/2025/09/02/h1-2025-china-installs-more-s... > Global solar installations are breaking records again in 2025. In H1 2025, the world added 380 gigawatts (GW) of new solar capacity – a staggering 64% jump compared to the same period in 2024, when 232 GW came online. China was responsible for installing a massive 256 GW of that solar capacity. > For context, it took until September last year to pass the 350 GW mark. This year, the milestone was achieved in June. That pace cements solar as the fastest-growing source of new electricity generation worldwide. In 2024, global solar output rose by 28% (+469 terawatt-hours) from 2023, more growth than any other energy source. > Nicolas Fulghum, senior energy analyst at independent energy think tank Ember, said, “These latest numbers on solar deployment in 2025 defy gravity, with annual solar installations continuing their sharp rise. In a world of volatile energy markets, solar offers domestically produced power that can be rolled out at record speed to meet growing demand, independent of global fossil fuel supply chains.” https://www.eia.gov/todayinenergy/detail.php?id=65064 https://www.eia.gov/todayinenergy/detail.php?id=65064 > Utility-scale solar power capacity in China reached more than 880 gigawatts (GW) in 2024, according to China’s National Energy Administration. China has more utility-scale solar than any other country. The 277 GW of utility-scale solar capacity installed in China in 2024 alone is more than twice as much as the 121 GW of utility-scale solar capacity installed in the United States at the end of 2024. > Planned solar capacity projects will likely lead to continued growth in China’s solar capacity. More than 720 GW of solar capacity are in development: about 250 GW under construction, nearly 300 GW in pre-construction phases, and 177 GW of announced projects, according to the Global Solar Power Tracker compiled by Global Energy Monitor. (1GW of solar PV is installed every 15 hours globally as of this comment; 4.6TW of new renewables are expected to come online globally in the next four years)
  - nine_zeros 11mo ago
    [dead]
  - TheBicPen 11mo ago
    As opposed to every other country where it is somehow not short sighted?
    - rogerrogerr 11mo ago
      This comment thread, discussion, and article are about American shale. I made no statements about other countries. Though if you are, say, a UAE citizen or Russian citizen, it is indeed in your interest to cheer on a plateau in American domestic energy production.

oh no!

lawlessone 1y ago

Won't someone think of the shareholders ;_;

rogerrogerr 11mo ago
If you are American, it is _exceptionally_ short sighted to think that energy production in your country is not a good thing to have.
- stouset 11mo ago
  See it seems exceptionally short-sighted to me to continue the race to pull as much carbon out of the atmosphere as possible and put it in the air, but what do I know?
  - reducesuffering 11mo ago
    High oil prices means alternatives are more economical and the transition can happen sooner. Low prices keeps us using oil for longer
    - toomuchtodo 11mo ago
      Low prices destroy oil exploration investment, making it harder to establish future extraction as China pumps clean tech exports to the world. https://ember-energy.org/data/china-cleantech-exports-data-explorer/ https://ember-energy.org/data/china-cleantech-exports-data-e... (half a million barrels a day of global oil demand is destroyed every year EVs are produced at the current rate China produces them at)
      - tracker1 11mo ago
        And how is China generating the energy needed for that production? I'm bullish on nuclear power myself.
        toomuchtodo 11mo ago
        https://ember-energy.org/latest-insights/china-energy-transition-review-2025/ https://ember-energy.org/latest-insights/china-energy-transi... https://ember-energy.org/latest-updates/wind-and-solar-generate-over-a-quarter-of-chinas-electricity-for-the-first-month-on-record/ https://ember-energy.org/latest-updates/wind-and-solar-gener... https://electrek.co/2025/09/02/h1-2025-china-installs-more-solar-than-rest-of-the-world-combined/ https://electrek.co/2025/09/02/h1-2025-china-installs-more-s... > Global solar installations are breaking records again in 2025. In H1 2025, the world added 380 gigawatts (GW) of new solar capacity – a staggering 64% jump compared to the same period in 2024, when 232 GW came online. China was responsible for installing a massive 256 GW of that solar capacity. > For context, it took until September last year to pass the 350 GW mark. This year, the milestone was achieved in June. That pace cements solar as the fastest-growing source of new electricity generation worldwide. In 2024, global solar output rose by 28% (+469 terawatt-hours) from 2023, more growth than any other energy source. > Nicolas Fulghum, senior energy analyst at independent energy think tank Ember, said, “These latest numbers on solar deployment in 2025 defy gravity, with annual solar installations continuing their sharp rise. In a world of volatile energy markets, solar offers domestically produced power that can be rolled out at record speed to meet growing demand, independent of global fossil fuel supply chains.” https://www.eia.gov/todayinenergy/detail.php?id=65064 https://www.eia.gov/todayinenergy/detail.php?id=65064 > Utility-scale solar power capacity in China reached more than 880 gigawatts (GW) in 2024, according to China’s National Energy Administration. China has more utility-scale solar than any other country. The 277 GW of utility-scale solar capacity installed in China in 2024 alone is more than twice as much as the 121 GW of utility-scale solar capacity installed in the United States at the end of 2024. > Planned solar capacity projects will likely lead to continued growth in China’s solar capacity. More than 720 GW of solar capacity are in development: about 250 GW under construction, nearly 300 GW in pre-construction phases, and 177 GW of announced projects, according to the Global Solar Power Tracker compiled by Global Energy Monitor. (1GW of solar PV is installed every 15 hours globally as of this comment; 4.6TW of new renewables are expected to come online globally in the next four years)
- nine_zeros 11mo ago
  [dead]
- TheBicPen 11mo ago
  As opposed to every other country where it is somehow not short sighted?
  - rogerrogerr 11mo ago
    This comment thread, discussion, and article are about American shale. I made no statements about other countries. Though if you are, say, a UAE citizen or Russian citizen, it is indeed in your interest to cheer on a plateau in American domestic energy production.