China is beating the US in battle for energy export dominance (www.straitstimes.com)
from schizoidman@lemmy.zip to world@lemmy.world on 06 Oct 12:09
https://lemmy.zip/post/50395106

This is a continuation of a trend. The US hit a record in oil exports in 2024, according to the Energy Information Administration. Yet, China’s clean technology exports were US$30 billion higher.

“Clean energy exports are hardware, which once a country has bought it, will generate electricity for a decade or two to come,” said Mr Greg Jackson, chief executive of Octopus Energy, the UK’s largest energy retailer. “Whereas with gas, the day you buy it, you use it, it’s gone forever.”

#world

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Diplomjodler3@lemmy.world on 06 Oct 14:31 next collapse

China is building the future while the US are destroying it.

thegr8goldfish@startrek.website on 06 Oct 15:06 next collapse

If you had told me 20 years ago that China would be closer to manifesting the Star Trek future I always wanted than the US, I would never have believed you. But here we are.

AA5B@lemmy.world on 06 Oct 15:24 next collapse

China deserves a lot of credit for intelligent investments and guiding their market. But let’s not forget the US deserves some credit for this as well: literally throwing out its advantages for the future, refusing to even try competing, and pushing the world to Chinese companies.

PeacefulForest@lemmy.world on 06 Oct 17:01 collapse

The U.S. was already behind China before Trump was in office, but then we just handed over what little run we did have with AI and clean energy with him in office. - We have far more work to to before we ever compete as a “world leader” again, if that even happens.

Frozentea725@feddit.uk on 06 Oct 21:51 collapse

Yeah, your finished. Which is kinda sad as the ideals of China aren’t great. Will Europe progressively form a spine… Probably not. What a shitshow of a timeline we live in

boonhet@sopuli.xyz on 07 Oct 20:45 collapse

China probably has no problem taking our money via trade so at least there’s not much reason to expect war. Maybe economic subjugation though.

I do not expect us to go grow a spine though. Because capitalism. It’s cheaper to get shit from China

kreskin@lemmy.world on 07 Oct 01:53 collapse

Almost seems like China has a better “american dream” lately than americans do.