Without China’s electric vehicles (EVs), solar panels, wind turbines, and batteries, reducing planet-heating pollution could take longer and ultimately increase costs for businesses and consumers. But the West needs to avoid repeating Europe’s mistake of becoming overdependent on a single supplier — Russia — for cheap gas and wants the economic rewards that come from developing its own technologies of the future.
torsdag 15. august 2024
The West needs China for clean energy. It will pay a price to break free
The United States and Europe are racing to narrow China’s commanding lead in clean energy technologies, throwing subsidies at local manufacturers and hiking tariffs on Chinese imports in a strikingly protectionist turn. China’s dominance in clean energy supply chains presents a conundrum for governments trying to green their economies and meet fast-approaching climate targets while protecting entire industries and thousands of jobs from a flood of cheap imports.
Without China’s electric vehicles (EVs), solar panels, wind turbines, and batteries, reducing planet-heating pollution could take longer and ultimately increase costs for businesses and consumers. But the West needs to avoid repeating Europe’s mistake of becoming overdependent on a single supplier — Russia — for cheap gas and wants the economic rewards that come from developing its own technologies of the future.
Without China’s electric vehicles (EVs), solar panels, wind turbines, and batteries, reducing planet-heating pollution could take longer and ultimately increase costs for businesses and consumers. But the West needs to avoid repeating Europe’s mistake of becoming overdependent on a single supplier — Russia — for cheap gas and wants the economic rewards that come from developing its own technologies of the future.
