According to Reuters, the fact that China is producing cheap solar panels that are helping the world transition from fossil fuels is bad actually.
According to Reuters, the fact that China is producing cheap solar panels that are helping the world transition from fossil fuels is bad actually.
At the risk of another ban ‘with some module-only manufacturers taking orders at negative margins to preserve market share’
Cheap solar is good, government subsidized monopolies are not.
State industry is very good actually.
It is, as China repeatedly keeps showing.
…and pretty much every single developed country in the world that have gotten there through state investment and subsidies.
What’s wrong with state funding of green energy? Not only that, but helping the rest of the world to become less reliant on fossil fuels?
You mean…
Tesla? No, sorry, must have been Ford/GM.
Oh, my bad, Intel.
TSMC?
No? Oh. So it’s only other governments subsidizing domestic businesses that’s bad.
Subsidized monopolies are the dominant form of monopoly and oligopoly in the USA and Europe. Go look up how many billions in subsidies the USA provides to industries with only 3 dominant players, from fossil fuels to cars to phone companies to internet companies to cable companies to publishers to food conglomerates.