MajorRewrite
Iffy
- Joined
- Mar 14, 2014
- Posts
- 11,709
Trump is unintentionally reducing the reliance on fossil fuels around the world (excluding the US), and benefiting Chinese manufacturing at the same time.
Trump Goes Big on the Green Transition, Everywhere but Here
The law of unintended consequences is working overtime during the Clown Show administration.
Trump Goes Big on the Green Transition, Everywhere but Here
BYD, China’s leading car maker and producer of EVs, shows the Trump effect most clearly. Its August sales were more than 130% above their year-ago level. Apparently, they would have been even higher if they were not constrained by shipping capacity. The company is now projecting overseas sales of 2.5 million for 2027, almost 2.5 times the 2025 level. It has plants now operating in Brazil and Indonesia and will have one in Hungary before the end of the year. EVs are now nearly 70% of the Chinese car market, by far the largest market in the world.
There is a similar story with solar and wind power. China has been adding wind and solar on a massive basis for several years. It will add more than 140 gigawatts of electricity capacity this year, an amount that is roughly equal to 10% of total U.S. electric capacity. In addition, its wind generation capacity is rising by close to 80 gigawatts in 2026.
Many developing countries are now also rapidly adding clean energy. Pakistan now gets 25% of its electricity from solar. India’s orders of solar panels from China increased by 150% from February to March. Nigeria and other countries in Africa are also speeding towards solar, with imports from China rising 176%.
The law of unintended consequences is working overtime during the Clown Show administration.
