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| Name | Chinese solar power companies have a bigger share of global energy than our Seven Sisters of Oil |
| Video Uploader | Video From Inside China Business |
| Upload Date | This Video Uploaded At 24-06-2024 12:23:35 |
| Video Discription | A major geopolitical and economic shift may be underway, as Chinese companies now have a dominant share of global energy output. The Industrial Revolution was powered by coal, and economic success was enjoyed by the giant coal producing countries of England, Germany, and the United States. The 20th century saw the rise of crude oil that powered transportation and logistics, and the US furthered their lead while oil-producing countries rose in prominence. China is building a renewables energy colossus, and already its top seven solar panel and power equipment producers comprise a larger share of global energy output that the Seven Sisters companies did in the previous century. If history repeats, and the balance of power shifts again to the country and regions that produce abundant, cheap power at scale for their consumers and factory sectors, it may be impossible to catch China. Resources and links: Story and data tip-off https://twitter.com/davidfickling/status/1801408245988528511 Bloomberg, Solar Power’s Giants Are Providing More Energy Than Big Oil https://www.bloomberg.com/opinion/articles/2024-06-13/solar-power-s-giants-are-providing-more-energy-than-big-oil Solve China’s ‘overcapacity problem’ by helping developing nations go green, central bank adviser urges https://www.scmp.com/economy/global-economy/article/3264298/solve-chinas-overcapacity-problem-helping-developing-nations-go-green-central-bank-adviser-urges White House statement and fact sheet, President Biden takes action to protect American workers and business from China's unfair trade practices https://www.whitehouse.gov/briefing-room/statements-releases/2024/05/14/fact-sheet-president-biden-takes-action-to-protect-american-workers-and-businesses-from-chinas-unfair-trade-practices/#:~:text=The%20tariff%20rate%20on%20solar,solar%20capacity%20outside%20of%20China. EU pushing ahead on cleantech trade battle with China https://www.energymonitor.ai/renewables/eu-pushing-ahead-on-cleantech-trade-battle-with-china/ EU launches subsidy probe into Chinese solar PV firms https://www.euractiv.com/section/energy-environment/news/eu-launches-subsidy-probe-into-chinese-solar-pv-firms/ Inside China Business, China's central bank wants Marshall Plan for clean energy to internationalize RMB, open new markets https://youtu.be/g8YY01RIEhQ -Mn30hdMi04 |
| Category | Science & Technology |
| Tags | Science & Technology Download MP4 | Science & Technology Download MP3 | Science & Technology Download MP4 360p | Science & Technology Download MP4 480p | Science & Technology Download MP4 720p | Science & Technology Download MP4 1080p |
