461–467 of 467 posts
Earlier quoted context omitted.
those mega projects are almost always killed by republicans. also, listen to the rhetoric around christianity in republican circles and tell me it isn't religious nationalism
Ah yes, like those dang ol no good reds in single party California, sabotaging their high speed rail project for the past 20 years. 14 billion in the hole and not a single mile of track.
Earlier quoted context omitted.
> Another example: massive growth in Chinese renewables while the US opens up national parks for drilling and cancels solar/wind projects. You occasionally see a heartwarming post: “California adds solar panels over a canal” and it just looks cute and kind of sad compared to the massive, ambitious, and technologically superior build out of Chinese renewables. Coal is still the majority of generation capacity [1] in C…
As much as coal is bad for the environment, eliminating it completely isn't a great idea. It's one of the few sources of energy capable of a black start https://www.theblackoutreport.co.uk/2023/06/13/black-start/ Renewables generally aren't capable of a black start, wind turbines in particular use induction generators that require external power.
Earlier quoted context omitted.
Or rather, it exists briefly until it is naturally captured by the biggest players.
There is always some industry thats favored by gov due to good reasons. Military, food, energy, etc.
Earlier quoted context omitted.
It was a good watch but I don't think there is too much detail to put here. BYD has a lot more debt than they're claiming and their growth was subsidized by the Chinese government in order to buy market share.
Not directly related to your comment, but I'm confused why so many people say "BYD is subsidized by the Chinese government" as some kind of gotcha for why they're "bad". The US government subsidizes farmers. Companies like Intel, Ford, and Boeing all get federal or state subsidies. Tesla's growth can in part be attributed to favorable tax credits. Should we qualify statements about how successful they are with an ast…
>Should we qualify statements about how successful they are with an asterisk that they got favorable treatment from the government?
Yes
Earlier quoted context omitted.
What’s wrong with their demographics? Population decline?
It has been called the 4-2-1 problem. 4 people had 2 kids. Those 2 kids had 1 of their own. This means there ends up with a more elderly people with far fewer young to support them. That doesn't look like a recipe for social stability. This is why they are going in so hard on automation nowadays, they are trying to do what Japan attempted in the 90s/2000s but hopefully with more success. This was originally a side ef…
Earlier quoted context omitted.
Shanghai was great in the 2010s. Seems like a different place today. Are the bullet trains making enough to pay down construction debt yet? My understanding is that that has been a struggle, which is going to be a problem when they get past being new and start having more and more maintenance expense on top of paying back construction debt.
I've been living in Shanghai sinze 2010, with some time in between in Shenzhen. Shanghai is much better now than in the 2010s.
I hate the current bs going on in the US against China. It reminds me of the Japan scare crap pushed in the US when I was a kid.