Spyke

Syndicated from the fediverse. Read and engage on the original instance.

View original on slrpnk.net

15 replies

That's what I find infuriating. The green transition is underway despite the opposition of many in various governments. Imagine what could be done with some real political will behind it

20
Tiresiareply
slrpnk.net

There is real political will behind it - from the Chinese Communist Party. It's their subsidies/planned economy that is driving this.

5

China is definitely pushing on renewables and battery tech, and that's good.

It must be said it's not purely done out of concern for the planet, there's lots of strategic thinking about it regarding energy independence given that China imports a lot of oil.

2

China is playing all sides. They're investing in renewables because it's the way forward. They're building coal plants because it gives them on-demand power today. It's using it's oil reserves because it keeps oil prices down during the SoH fiasco, and it gives them a lot of international power because they could reverse that decision overnight.

Above all things, China is strategic.

2
slrpnk.net

It's funny how Obama led the explosion in methane and fracking, but didn't like to take credit, and now Trump is reluctantly presiding over a transition to renewables that he cant really brag about.

26
slrpnk.net

In my wildest fever dreams, I never imagined any president would permanently impair the transit of oil through the Strait of Hormuz. Yet here we are.

Trump may still attack Kharg Island, have Iran retaliate, and cap Middle Eastern oil and natural gas production for years.

12
KeithDreply
lemmy.nz

I wouldn't be surprised to learn that there are bribes from the US oil industry involved in that decision, because that's one of the main groups profiting off the current US fuckup in the middle-east.

2

Many of them are heavily invested in Kuwait, Qatar, and Saudi Arabia. While they benefit elsewhere, I'm not sure it offsets their now stranded assets.

1

Those old geezers could have just establish their crony relationship with those clean energy businesses, but noooooooo they forgot to jump ship early on so they hate it and try to curb it -.-

23

You reached the end

Trump tried to curb clean energy. It’s booming anyway. | Spyke