It's like he wakes up every morning and asks himself "What can I do to make sure China owns the 21st century?"
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Thats because he's stuck in the 80s. It's common for people with dementia to fall back to a time they thought was good and for him, it was the 80s when oil was king.
Frankly you're giving him too much credit. If oil is really still king it won't need his help. He might be able to claim he was just being fair if he had only removed subsidies, but he was and still is actively sabotaging adoption of electric vehicles, like by terminating the USPS contract to buy all those electric mail trucks or removing already installed EV chargers at federal sites.
I’d sooner buy a Chinese EV than a Tesla, but the orange gameshow host running my country says I can’t.
Because Biden said you could? He's the one that doubled tariffs on Chinese EVs from 50% to 100%. Biden also gave the EV tax credit which was essentially a subsidy to Tesla, which Trump ended.
Note that I'm not defending Trump, but simply noting that the US was heading in his direction. He's a symptom of advanced disease, but you don't get to blame him all the shitty things all US presidents ever did. He's a raging tumor, but the cancer was spreading already.
You're absolutely right. Trump is a lightning rod for rage, but most of what the US is doing is bipartisan. It's a huge problem that so many people harbor false hope for the controlled opposition.
People downvoting facts simply because they contradict their own stated position tells so much. They want cheap Chinese EVs but can't accept that what they defended as protecting American companies (Biden's tariffs) and making EVs more affordable for Americans (Biden's EV tax credit) are the reasons they can't have cheap Chinese EVs.
Instead of reflecting on the progranda they've been consuming, they downvote and move on to repeat the same nonsense later. I'm relieved they didn't call me a tankie Russian bot this time for suggesting Biden wasn't an angel.
Biden increased tariffs...AND invested heavily in battery plants in the US. Trump killed that. Biden's tariffs were because the Chinese government is dumping in the US to undermine the car industry.
I can hold out on not buying a new car a hell of a lot longer than the American economy can survive under a tariff regime.
Coal Brittain -> Petro Murica -> Electro China.
It's funny how China said years ago that was the plan and they're doing it while nobody stopped them because of short term greed.
nobody stopped them
What would "stopping them" have even looked like?
Competing. No one really even tried.
Yeah, it means giving up the current cash cow and they'll only do that when it's visibly dying. And then the competition has too much of a headed start so it's already to late.
Yes, China has very purposefully put itself at the forefront of the first technological revolution of the 21st century and done this at multiple levels (solar panel production, battery tech, EVs)
Meanwhile the American elites have decided that 19th century technology is were they want to be. Well, that and dead ending killing the country's lead in the Tech revolution by going down a branch with no future in the form of LLMs and making everybody lose trust in keeping their data in anything owned by American companies.
And, of course, the crooked politicians here in Europe are actually following America more than China in this.
Beyond EVs, the much cheaper sodium-ion battery is entering mass production in China. We can already buy B-grade cells on AliExpress. This will have implications for all sorts of use cases that could use batteries but don't due to cost.
Yeah, conservatives don't think of the future except through the lens of the present. They can't imagine a world with EVs and batteries because they have oil brains. They are looking for solutions to problems with an oil first mindset. Sunk cost is everything.
Need to remember where they are getting paid from as well. That’s oil money lining their pockets.
Our Danish company Ørsted which produces wind power, has been in a huge legal dispute with the American administration for months over this. He wants oil, even if wind is cheaper:
He wants oil even if the wind is cheaper, the wind farm is almost finished and already producing power
Yeah because it's not so much "he wants" as "oil and gas corporations are paying him for".
I wonder if the prediction that China will hit peak oil in 2027 will come true. This will have a massive impact on oil markets.
Oil companies will probably go the way of the Encyclopaedia Britannica, going broke. They’re continuing to invest heavily in oil infrastructure at a time when the market is shifting and even now there is a flattening of demand for oil products where EVs are becoming prevalent. The trend will start to hit profitability and they will most likely double down.