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China Beating the US in the Battle for Energy Export Dominance

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There’s a battle underway to win the energy export market between the world’s two largest economies: The US wants the world to buy its fossil fuels, while China wants to sell the world its clean energy technologies.

For now, there is a clear winner: China.

The country’s exports of electric vehicles, solar panels, batteries and other carbon-cutting technology has been climbing for years. Exports hit a record in August, with $20 billion in products shipped globally, according to a new report from the think tank Ember.

 

https://archive.ph/TcklX

Of course they are our wise Donald killed it here in the states…..obvious sarcasm alert what a president ehh he’s actively trying to get us to kill each other wrecking our alliances wrecking our science and research wrecking our educational system wrecking our DOJ some president ehh just beggers belief.

8 hours ago, Alan Zweibel said:

There’s a battle underway to win the energy export market between the world’s two largest economies: The US wants the world to buy its fossil fuels, while China wants to sell the world its clean energy technologies.

For now, there is a clear winner: China.

The country’s exports of electric vehicles, solar panels, batteries and other carbon-cutting technology has been climbing for years. Exports hit a record in August, with $20 billion in products shipped globally, according to a new report from the think tank Ember.

 

https://archive.ph/TcklX

Not necessarily a good thing, but the Chinese way. Subsidise and produce goods cheaply and destroy the manufacturing industries in targetted countries.

Everything China does is with strategic intent.

In times of conflict existing manufacturing facilities can be quickly converted to support the war effort. If you don't have those facilities anymore............

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