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Oil the west doesn't use isn't magically staying in the ground. Middle and low income countries (most notably China) increased consumption is more than offsett
by buckle8017 9mo ago
Oil the west doesn't use isn't magically staying in the ground.
Middle and low income countries (most notably China) increased consumption is more than offsetting reductions from high income countries.
- thinkcontext 9mo agoMore than 50% of cars sold in China now come with a plug, on top of the most of the buses and 2 wheelers. Most analysts say they have plateaued and will begin declining in the next few years. They also are beginning to ramp up EV exports to other developing economies.
- triceratops 9mo agoMiddle and low income countries can't print dollars to buy oil. They'll happily take free energy from the sky.
- nandomrumber 9mo agoFree* * Conditions apply, nothing if free
- lambdaone 9mo agoAlthough it looks like bad news in the short term, China is building even more renewables than they are coal stations, with the result that the fraction of fossil power consumption in China is actually decreasing: https://www.carbonbrief.org/analysis-coal-power-drops-in-china-and-india-for-first-time-in-52-years-after-clean-energy-records/ https://www.carbonbrief.org/analysis-coal-power-drops-in-chi...
- buckle8017 9mo agoYour just lying with statistics. Fraction goes down but total fossil fuel consumption is at an all time high in China. They now use more fossil fuels than the entire western world combined.
- triceratops 9mo ago> They now use more fossil fuels than the entire western world combined. No idea what "more fossil fuels" is because how do you compare a bag of coal to a barrel of oil. Also what about all the years that they didn't? Which is nearly all of the years before the Industrial Revolution. And if they continue electrifying at their current pace, soon they'll be emitting less carbon than everyone else. What'll you talk about then?