The energy sector's supply chain dependency on China is so huge that it makes breaking away from Beijing next to impossible, according to Christian Bruch.
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.
Its not that simple. Western money is going to the pockets of Chinese workers when it could be going to the pockets of western workers. The West might not even be taking advantage of it might be that they have been so naive that they have been losing money to China and investing back home could have been the cheaper option and also the option that spread up renewables globally.
It also gives then huge leverage on things like trade and war.
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.
Its not that simple. Western money is going to the pockets of Chinese workers when it could be going to the pockets of western workers. The West might not even be taking advantage of it might be that they have been so naive that they have been losing money to China and investing back home could have been the cheaper option and also the option that spread up renewables globally.
It also gives then huge leverage on things like trade and war.