Comments by "D W" (@DW-op7ly) on "China prepares to buy Stellantis' iconic brands as Profits and sales CRASH" video.

  1.  @hiram1923  What the USA should do is stop subsidizing the eternal victim these days ​​⁠stop whining…. You think the Chinese didn’t do this with Solar panels ? And a host of other products and industries? Only difference is the competition is other Chinese EV manufacturers Wasn’t to long ago we were complaining about China being the worlds biggest polluter Now as they invest in Green, Clean, Renewables etc. etc? We cry overproduction and they subsidize this or that 🙄🙄🙄🙄 They are actually spending the money and making those changes What are our western Governments doing since we are the ones most vocal about climate change and China being the worlds biggest polluter ??? 👇 JANUARY 30, 2023 3 MIN READ China Invests $546 Billion in Clean Energy, Far Surpassing the U.S. China accounted for nearly half of the world's low-carbon spending in 2022, which could challenge U.S. efforts to bolster domestic clean energy manufacturing Nearly half of the world's low-carbon spending took place in China, according to a recent analysis from market research firm BloombergNEF. The country spent $546 billion in 2022 on investments that included solar and wind energy, electric vehicles and batteries. Scientific American 👇 Analysis: Clean energy was top driver of China’s economic growth in 2023 Other key findings of the analysis include: Clean-energy investment rose 40% year-on-year to 6.3tn yuan ($890bn), with the growth accounting for all of the investment growth across the Chinese economy in 2023. China’s $890bn investment in clean-energy sectors is almost as large as total global investments in fossil fuel supply in 2023 – and similar to the GDP of Switzerland or Turkey. Including the value of production, clean-energy sectors contributed 11.4tn yuan ($1.6tn) to the Chinese economy in 2023, up 30% year-on-year. Clean-energy sectors, as a result, were the largest driver of China’ economic growth overall, accounting for 40% of the expansion of GDP in 2023. Without the growth from clean-energy sectors, China’s GDP would have missed the government’s growth target of “around 5%”, rising by only 3.0% CarbonBrief Fossil Fuel Subsidies Surged to Record $7 Trillion Scaling back subsidies would reduce air pollution, generate revenue, and make a major contribution to slowing climate change IMF
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