There Can Be No Energy Transition Without China, Says Siemens Energy CEO
There Can Be No Energy Transition Without China, Says Siemens Energy CEO

There Can Be No Energy Transition Without China, Says Siemens Energy CEO

There Can Be No Energy Transition Without China, Says Siemens Energy CEO
There Can Be No Energy Transition Without China, Says Siemens Energy CEO
We can't afford not to buy parts so other companies can assemble them...
But we also can't allow China to sell complete units because then those middle men companies can't make money...
I'm no climate scientist, but at this point I have no sympathy for energy companies or their profits.
It's insane lots of world leaders say climate change is an important issue, then turn around and tariff or outright ban green energy products from China because they're so cheap everyone would buy them.
Just sounds like corporate welfare where whatever maximizes their profits is necessary, and everything that doesn't gets banned.
The issue is China is producing things below cost to push out competition. That's not good for anyone but China. They want to be supplier at the expense of everyone else.
That legitimately a good reason to put tariffs in place.
BUT more money should be spent on renewables also.
They already pushed everyone else out years ago. If it was truly the Amazon business model prices would have gone up. If they want to keep subsidizing the transition to clean energy we should take advantage of it.
If the US had been subsidizing renewable to the same degree as China instead of continuing to subsidize fossil fuels, we wouldn't be in a place to need to protect our renewable industry from their cheaper goods.
As far as I'm concerned, the entire problem is us not spending enough on renewables, not that China has 'undercut' anything
I mean aren't we a globalized economy? There is stuff made by many countries, of whose quality and or cheapness certain countries cannot completely compete with, see Taiwan and their chip fabs, see Japanese car manufacturers. Are we going to throw a hissy fit over their stuff (yes I know we did with Japan but we don't anymore for whatever reason).
Imagine you were starving in the desert for weeks, finally stumble across a McDonald's, but then go "nah, I don't like their business decisions" and walking away...
Climate Change is kind of a big fucking deal
We constantly bail out industries, they can take a short term hit while they learn to compete.
It's better than causing long term damage to our entire fucking planet.
Jesus dude, just listen to yourself: