Post Ajb0BasoMFSgkHof4a by mekkaokereke@hachyderm.io
 (DIR) More posts by mekkaokereke@hachyderm.io
 (DIR) Post #AjaxVVBAyTGCz7Cuye by feld@bikeshed.party
       2024-07-04T18:23:12.519435Z
       
       0 likes, 0 repeats
       
       @davidfetter @thesquirrelfish @justafrog @mekkaokereke Is anyone on the planet able to operate nuclear power plants without absolutely massive government subsidies to pay for the operation and maintenance?
       
 (DIR) Post #Ajb0BYcQmBAdiu8YGO by mekkaokereke@hachyderm.io
       2024-07-03T11:42:20Z
       
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       CBS News reports that the "Global shift towards Green Energy is Accelerating!" Yay!😀https://m.youtube.com/watch?v=6fKfaJheWbkIsn't that a good thing?CBS cites the International Energy Agency report. But they don't say the word "China," much...But if you read the report, you see that:* Most of the green investment is from China* Most of the rest is made possible by cheap solar, batteries, and EVs, also from China* The US and EU are working to... slow this green investment.😮https://www.iea.org/reports/world-energy-investment-2024/china#abstract1/N
       
 (DIR) Post #Ajb0BZaLBR5oiiAOe0 by mekkaokereke@hachyderm.io
       2024-07-03T11:50:50Z
       
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       How the hell am I the so called "climate doomer," when I'm the one that believes that transitioning the world to Green energy is not nearly as hard as we pretend that it is? I'm the optimist. The people that think that we can ignore racism are the pessimists.China invested $317B in clean energy. We invest $44B just in buying Twitter, to be anti-woke. It's silly.Imagine if instead, the US was pushing as hard as China. Where would the world be now?2/N
       
 (DIR) Post #Ajb0Ba8j7abARMFrF2 by mekkaokereke@hachyderm.io
       2024-07-03T11:57:16Z
       
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       If green investment is so bad for the economy, then why is green investment double fossil fuel investment already? Why are so many US fossil industries saying that they can't compete with China now (fuels, automotive, transportation, etc). That seems like pretty good ROI for a few years of subsidizing green industry, but hey, I'm no economist.🤔 Wait, don't Venture Capitalists tell us that we're supposed to cheer when old industries get disrupted by tech and subsidized pricing?3/N
       
 (DIR) Post #Ajb0BasoMFSgkHof4a by mekkaokereke@hachyderm.io
       2024-07-03T12:10:30Z
       
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       Our choices:1) Climate disaster.2) The world stops using fossil fuels. But the US under-invests in green tech. China *becomes by far the largest and most important economy in the world. They build an insurmountable lead in batteries, solar, wind, grid, transportation and storage.3) The world stops using fossil fuels. The US adequately invests in green tech. The US remains the largest and most important economy in the world.We're waffling between 1 and 2.🤷🏿‍♂️(*Some say we're already here).
       
 (DIR) Post #Ajb0BbMEaqzuDXa9w0 by freakazoid@retro.social
       2024-07-03T16:15:20Z
       
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       @mekkaokereke I don't see any inkling of the stop using fossil fuels part. Our fossil fuel consumption hasn't peaked yet.
       
 (DIR) Post #Ajb0BbxSMSlu4yzsx6 by mekkaokereke@hachyderm.io
       2024-07-03T16:35:45Z
       
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       @freakazoid Correct. Even China's plan has them peak at 2030, and reach net zero at 2060. Better than us, but not enough.
       
 (DIR) Post #Ajb0BcPSgLAnTq6FbU by freakazoid@retro.social
       2024-07-03T18:39:15Z
       
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       @mekkaokereke Meanwhile, China brought 47.4GW of *new* coal fired electric generation online last year. We give them kudos for having installed more solar capacity than the rest of the world (217GW!), but it's not enough to satisfy even just the growth in their demand. Average lifespan of a coal plant is 46 years, so it's still plausible they'll shut down by 2060, but to be on track they have to build way more carbon-neutral generation capacity than their demand growth from here on out. Which would mean a peak this year, not 6 years from now.
       
 (DIR) Post #Ajb0Bcph6o9mnCNCUa by feld@bikeshed.party
       2024-07-04T18:53:10.604061Z
       
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       @freakazoid @mekkaokereke You've overlooked China's nuclear strategy. They have 27 nuclear reactors under construction right now with a combined output of ~30,000MWeThe coal was to solve the immediate power needs. The nuclear is their long term strategy