e: https://oilprice.com/Alternative-Energy/Renewable-Energy/Why-Chinas-Green-Energy-Push-Has-the-Western-World-Worried.html not worth clicking tbh

emphasis mine

Western nations are desperate to counter the huge competitive advantage enjoyed by China’s green energy products thanks to generous government subsidies.

The outcry against China’s renewable energy sector comes at a time when Chinese green energy companies have been stealing market share from their Western rivals.

Earlier in the year, U.S. Treasury Secretary Janet Yellen warned Beijing that its national underwriting for energy and other companies is creating oversupply and distorting global markets

che-smile great outline, Oil Price Dot Com

"I intend to talk to the Chinese when I visit about overcapacity in some of these industries, and make sure that they understand the undesirable impact that this is having–flooding the market with cheap goods- -on the United States, but also in many of our closest allies, Yellen said in a speech in Norcross, Georgia.

Why don’t they listen?

  • FuckyWucky [none/use name]English
    1•7 months ago

    Never mind the US agricultural subsidies with the IMF/WB forcing global south countries to open up trade and making their agriculture markets uncompetitive.