Comments by "☨St Louis IX opposed paganism, hæresy \x26 debauchery" (@stlouisix3) on "China’s Costly Joke: ￥80 Billion Solar Panels Blanket Deserts, Demanding Daily Washes" video.

  1. China's Ambitious Renewable Energy Goals: Covering the Taklamakan Desert with Solar Panels Raises Questions about Dominance, Tax Evasion, Pollution, and Human Rights Violations 🌞 A video circulating on Chinese social media suggests the visual spectacle of covering the entire Taklamakan desert with solar panels, highlighting China's ambitious renewable energy goals. 00:32 China is investing heavily in solar energy projects in its desert regions. 00:32 Covering just 1% of China's desert area with solar panels could meet the country's entire electricity demand. 00:47 The Chinese government is constructing a massive new energy project called 'Ning Power Enters Hanan' to transport electricity generated in Ningxia to Henan. 01:16 The project's total investment is estimated at 100 billion yen (approximately 13.7 billion US Dollars). 01:40 Challenges arise due to the precarious location of electricity pylons in sandy and barren areas. 02:24 The project includes a 'Greening for Line Protection' plan to transform sand dunes into fixed or semi-fixed sandy land and restore vegetation. 02:47 China's substantial investments in the new energy industry highlight its emphasis on solar energy development. 03:48 🌍 The global rivalry between China and the US in the solar energy industry intensifies, with China's dominance and alleged tax evasion under scrutiny. 04:28 China's long-standing dominance in photovoltaic power generation is aided by political support, cheap labor, and tax evasion tactics. 04:28 India is investigating 40 major Chinese photovoltaic companies for suspected tax evasion. 05:01 Chinese PV companies may face hefty fines if tax evasion is proven. 05:37 There are signs of domestic component prices falling below their cost price, potentially leading to dumping. 05:52 The US is lagging behind China in solar panel and electric vehicle production. 07:27 Europe is seeking alternative energy sources due to a scarcity of traditional resources like natural gas and oil. 07:48 Germany was a leading player in the global solar manufacturing industry in 2005. 08:03 🌍 China dominates the global solar energy industry but also leads in environmental pollution. 08:34 Germany encouraged solar panels with subsidies, but later raised the price of renewable energy resulting in job losses. 08:34 China produces 80% of the world's solar panels and dominates the supply chain. 09:11 China emits the highest amount of carbon dioxide and has severe air pollution. 10:23 The Chinese government's emphasis on environmental protection may serve as a guise for expanding the new energy industry. 11:25 The production of solar panels causes ecological damage and the recycling of PV products is underdeveloped. 12:01 China's dominance in the global green energy manufacturing sector is aided by access to cheap labor, including political prisoners. 12:31 The international community is recognizing human rights violations associated with green energy production. 12:48 🌍 The Chinese Communist Party's involvement in the photovoltaic industry and human rights violations have led to sanctions and global awareness of forced labor practices in Xinjiang. 13:02 Huawei became a leader in the photovoltaic inverter field with support from the CCP. 13:02 Huawei's smart PV products are used in over 60 countries, reducing CO2 emissions. 13:41 Sanctions imposed on CCP officials increased global awareness of human rights abuses in Xinjiang. 14:24 International media and government institutions have confirmed and condemned CCP's human rights abuses and forced labor practices. 14:39 The solar energy industry's supply chain is dependent on Xinjiang, raising concerns about supporting forced labor. 15:01 China's photovoltaic industry is crucial for future discourse power in new energy. 16:44 US Customs seized solar components suspecting they originated from slave labor camps. 17:21 📉 The net profit of Tongwell, a leading company in China's photovoltaic industry, dropped by nearly 70% in the third quarter, while the net revenue and net profit of TCL Junguan, a silicon wafer company, both fell by more than 20%. 17:55 Tongwell's net profit in the third quarter dropped by nearly 70% year on year. 17:55 TCL Junguan's net revenue and net profit both fell by more than 20%. 18:02 On October 26, Tongu SN price opened significantly lower, falling over 7%. 18:11 Tongu and TCL Jong stock prices reached their lowest levels since March 2021 and mid-December 2020, respectively. 18:21 The third quarter reports released by Tongu and TCL Jong on October 25 were the catalyst for the decline in stock prices. 18:39 Tongu's net profit in the first three quarters decreased by 20.25% year on year. 18:46 TCL Jong's operating income and net profit in the third quarter decreased by 24% and 21% year on year, respectively. 19:33
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