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https://twitter.com/kyleichan/status/1969956985526169657...causes people to drastically underestimate the challenge of building alternative supply chains and the scale of the resources required to do it.
https://twitter.com/CREACleanAir/status/1892001404526481567Clean energy sectors grew three times as fast as the Chinese economy overall, accounting for 26% of all GDP growth in 2024.
https://x.com/CREACleanAir/status/1686165185407369217?t=ECnKetfuR7ymz1I_txZqzg&s=19The crazy thing is that coal-based steel furnaces are simply cheaper to run in China so most scrap steel gets thrown into them! Building coal-based blast furnace - basic oxygen furnace plants and the coal to run them are too cheap compared with electricity.