this post was submitted on 07 Dec 2023
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Infinite money does not lead to infinite scale in zero time. China's nuclear industry is robust and growing, as is their solar and wind industry. Money can't be wasted if you're already tapped out on growth in other avenues.
This year, China deployed more solar panels than the entirety of all solar panels in the US.
For the solar panels - was it reported by an independent organization or reported by China?
I am afraid it's the same fake metric as with the electric scooters earlier. China subsidized them, so companies vastly overproduced dinky scooters to milk subsidies, inflate their numbers and inflate connected sharing businesses with a huge fleets. Those now sit in huge piles of electrowaste, which predictably explode in a beautiful toxic lithium fires 🔥.
Same happened earlier with cheap electric bikes and motorbikes.
Same happened earlier with cheap electric cars.
And we are talking here only about mountains of overproduction that cannot be hidden. God knows how much of the number was inflated along the chain of reporting, as is customary in China.
If you ever visit China you’ll realize how silly your comment is. There are electric scooters literally everywhere. You can’t escape them. They don’t look dinky at all either and are more akin to Vespas than the standing scooters that are popular to rent in the US.