Comment by FrustratedMonky
Comment by FrustratedMonky 11 hours ago
Isn't US made equipment facing the headwinds of the US being anti-solar. It seems more like the US shot itself in the foot by letting the Chinese get the lead on this technology. And by subsidizing, and maybe regulating buying US, we could support our domestic industry.
Seems like all over the place we are giving up and letting China win the technology race. Robots, cars, solar, all the future tech is in trouble.
I don't know why anybody is against clean air. It makes no sense.
The US has invested a lot of money, lives, political capital & environment to become a big oil & gas producer.
One of it's potential weapons against China is that China imports most of it's oil & gas. China also has a few easy geographical choke points to prevent it from importing gas. Solar & wind plus electrical vehicles destroy this advantage.
So China has many reasons to push in this direction while the US is doubling down on it's bet, even while other historical oil countries like Saudi Arabia are diversifying away from oil.
It should also be noted that many Chinese companies are selling at a loss or very low margin, especially the electric car companies. https://www.reuters.com/investigations/china-is-sending-its-...