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100 sats \ 0 replies \ @Solomonsatoshi 10h \ parent \ on: Europe's Green Delusions Are Luxury Beliefs (WSJ, Tom Fairless & Max Colchester) econ
While in EU politics dictates over engineering and the result is an expensive and dysfunctional mess, in China the politicians are 80% engineers and they understand that the real solutions are based in engineering.
Today China has the cheapest electricity of any major industrialized economy- 50% cheaper than any other major manufacturing nation.
They also lead in energy efficiency technology.
Germany and the EU show how NOT to do it.
China has shown how it can be done- a growing economy with reducing GHG emissions and rapidly increasing productivity and energy efficiency.