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ak217
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2 months ago
Alas is right, China is poised to dominate battery, solar, and EV technology and to translate it to military technology as well. Meanwhile the Republicans are blowing up US alliances and sabotaging the battery/EV industrial development policy that was actually making progress in giving the US hope in catching up.
api|2 months ago
Eventually there may come a day when it’s China that is stuck in the past, looking back to the early 21st century like we look back to the middle twentieth, and someone else will be ascendant.
I really felt like Trump’s 2024 election was the moment it became the Chinese century. It was the moment we chose to exit our position of world leadership both culturally and technologically.
ksec|2 months ago
Chinese CCP are willing to scarifies whatever traditional industrial era infrastructure in order for things to move forward and gain a global advantage. Especially when they are not the one paying for the scarifies.
ndsipa_pomu|2 months ago
Just because a country has previously invested in fossil fuels, it doesn't follow that they can't get the benefit of solar with future investment. However, there's a lot of powerful money/people/corporations that depend on fossil fuels for making billions - that's the real problem as that skews the market and politics of energy production/distribution.
mcswell|2 months ago
jack_tripper|2 months ago
You must have been asleep at the wheel or living under a rock to have mised China's rise over the last decades. They didn't wait for Trump to get elected in 2024 and then flipped a switch from third world country to global superpower.
"Damn, this hot cup of coffee burned my tongue. Why would Trump do this?"
-HN comments
calvinmorrison|2 months ago
jfengel|2 months ago
That was a dangerous mistake, and we may be left with nothing.
sdoering|2 months ago
But hey, our populist right tell us, that the subsidies for "green technology" are bad and that we need to get rid of them, because they are making energy so expensive in Germany (cleared of inflation energy costs are lower than 2013, 12 years ago).
But hey - people vote for those parties. Because they know their economics, not like the leftists, who don't.
Germany (or Europe in general) is fucked. In a few years, we will reap what we now sow. And not because of our social systems or immigration, but because our oh so great political leaders are not willing to invest in the future.
bootsmann|2 months ago
This is not the argument you want to make. Energy prices are a significant component of the basket used to measure inflation. Like yeah, you expect energy prices to sink if you discount for the rise of energy prices. Germany is suffering from high energy prices its the key factor why the country has been stagnating economically for the past 6 years.
aktuel|2 months ago
Dude, soaring energy prices are driving inflation. That's like saying the prices are lower if you just keep ignoring everything that actually makes them more expensive. Duh.
tirant|2 months ago
Not only that, Conservatives, Socialists and the Green all managed to increase our electricity CO2 footprint by moving from nuclear to coal/lng.
ohdeardear|2 months ago
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antonvs|2 months ago
Are you saying “alas for citizens of the US who see things in competitive nationalist terms”?
Seems like a win for everyone else, no? What happened to “competition”, or is that something that’s only supposed to be beneficial within the US?
ak217|2 months ago
JumpCrisscross|2 months ago
He’s saying it as a realist.
China is building the equivalent to America’s sanctions power in their battery dominance. In an electrified economy, shutting off battery and rare earths access isn’t as acutely calamitous as an oil embargo, but it’s similarly shocking as sanctions and tariffs.
nutjob2|2 months ago
You can't compete fairly with China because the government applies massive subsidies and is coercive with both imports and exports.
Right behind Russia, China is the biggest threat to global order and peace. It's no accident they are in cahoots.