The US is the world's largest oil and gas producer. Yet, "China is now making more money from exporting green technology than America makes from exporting fossil fuels."
The US is the world's largest oil and gas producer. Yet, "China is now making more money from exporting green technology than America makes from exporting fossil fuels."
It's a double win for China. They make money selling green energy technology, but green energy also lowers the price of electricity, which lowers the profits that the USA makes from selling oil.
Good thing the USA has AI to prop up demand for electricity to unsustainable levels!
@Stinson_108 @davidho -...and McCarthy was chasing imaginary villains for political gain.
Simply attempting to repeat the 1950s doesn't make it (or now) great.
And sexualizing the 'little woman housewife' doesn't do anything for now either, Beav.
It takes very little imagination to see China rapidly replacing the US as the premier world power.
@davidho the USA consumes almost as much oil and gas as it produces. It also imports significant amounts. There is a small surplus that is exported.
Nevertheless it is a net importer of physical goods (it's a net exporter of services), which seems to have got Trump very annoyed.