What "critical look" is there to take? How about the way that the US gov't subsidizes the oil and gas industry, and is about to restart the coal industry? For some reason gov't investment in industry is only bad when China does it.
What "critical look" is there to take? How about the way that the US gov't subsidizes the oil and gas industry, and is about to restart the coal industry? For some reason gov't investment in industry is only bad when China does it.
China bad when it's the only country that actually does something meaningful. Cheap batteries are fueling energy transition and the demand is only met by huge overproduction by china.
China is actually carrying our lazy asses.
> China is actually carrying our lazy asses.
Its not laziness, its corruption. The USA has a government that's tainted by moneyed interests who don't want their established gravy train derailed no matter how much it's fucking the entire planets environment. Now add to that, the current administration is too stupid and short sighted to ever incentivize change.
That's a really uncharitable way to read that.
A "critical look" from a US magazine would explore how, with solar power clearly being the future, the US has abdicated its energy dominance to another country. It would discuss the potential ramifications of us not owning our energy infrastructure supply chain the way we do with oil/gas, and what might be done about that.
The New Yorker is a US magazine. From the US perspective, yes, it is "good" when we do it and "bad" when China does it in a way that could negatively impact us.
When the U.S. does it we're "picking sides".
The oil industry pays 10s of billions in taxes.
Any disagreement in how much they should be taxed (e.g. 10,20,30,50,90%) can be considered a subsidy.
What people are mostly concerned with is whether a subsidy is distorting via over production. E.g. when China entered the market in solar, most western solar companies following stricter environmental protection requirements went out of business.