China’s exports of clean energy products hit a record in August, with US$20 billion in products shipped globally. Read more at straitstimes.com. Read more at straitstimes.com.

This is a continuation of a trend. The US hit a record in oil exports in 2024, according to the Energy Information Administration. Yet, China’s clean technology exports were US$30 billion higher.

“Clean energy exports are hardware, which once a country has bought it, will generate electricity for a decade or two to come,” said Mr Greg Jackson, chief executive of Octopus Energy, the UK’s largest energy retailer. “Whereas with gas, the day you buy it, you use it, it’s gone forever.”

    • PeacefulForest@lemmy.worldEnglish
      2·
      5 hours ago

      The U.S. was already behind China before Trump was in office, but then we just handed over what little run we did have with AI and clean energy with him in office. - We have far more work to to before we ever compete as a “world leader” again, if that even happens.

    • AA5B@lemmy.worldEnglish
      5·
      6 hours ago

      China deserves a lot of credit for intelligent investments and guiding their market. But let’s not forget the US deserves some credit for this as well: literally throwing out its advantages for the future, refusing to even try competing, and pushing the world to Chinese companies.

    • thegr8goldfish@startrek.websiteEnglish
      5·
      6 hours ago

      If you had told me 20 years ago that China would be closer to manifesting the Star Trek future I always wanted than the US, I would never have believed you. But here we are.