This is a continuation of a trend. The US hit a record in oil exports in 2024, according to the Energy Information Administration. Yet, China’s clean technology exports were US$30 billion higher.

“Clean energy exports are hardware, which once a country has bought it, will generate electricity for a decade or two to come,” said Mr Greg Jackson, chief executive of Octopus Energy, the UK’s largest energy retailer. “Whereas with gas, the day you buy it, you use it, it’s gone forever.”

  • Frozentea725@feddit.uk
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    2 days ago

    Yeah, your finished. Which is kinda sad as the ideals of China aren’t great. Will Europe progressively form a spine… Probably not. What a shitshow of a timeline we live in

    • boonhet@sopuli.xyz
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      1 day ago

      China probably has no problem taking our money via trade so at least there’s not much reason to expect war. Maybe economic subjugation though.

      I do not expect us to go grow a spine though. Because capitalism. It’s cheaper to get shit from China