Comments by "Kenz300 x" (@KJSvitko) on "Can The Rest of the World Learn From China's Global Energy Dominance?" video.

  1. The UK, Europe, Germany and the rest of the world have been too slow to transition to wind and solar energy combined with battery storage and all electric vehicles. Wind and solar energy do not need to be imported and can be produced locally in any country. Battery storage is key for base load power. Europe needs to provide more incentives for homes and businesses to install electric heat pumps and get rid of old polluting gas and oil boilers. The move to electric vehicles will also be sped up. There is no good reason to help fund Putin's war by buying oil, gas and coal from Russia. There is a Climate Crisis making weather events more extreme. Time to switch to renewable energy. The future is renewables. They are safer, cleaner and cheaper than fossil fuels. It is time for governments to end fossil fuels industry subsidies.
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  2. China has ignored the Climate Crisis and environmental protection for too long. Weather events are getting more extreme because of Climate Change. Damage from extreme weather events will have huge costs. How hot does it have to get before governments and corporations wake up and stop adding more fossil fuels to the climate fire. There is a Climate Crisis. We need Climate Action NOW ! Floods, droughts and extreme temperatures caused by burning fossil fuels will get worse over time. Adding more coal power plants will make the Climate Crisis even worse. Adding new wind and solar energy production is where new infrastructure spending should be done. People need clean air to breathe and clean water to drink. China has allowed companies and people to pollute the air, land and water resources they need to survive.
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  3. China's economy is much worse than people are reporting. Unemployment is rising. 16 -24 year old unemployment is over 30% Unemployed people are not huge consumers. They do not buy homes. They do not get married or have children. Individuals, foreign corporations and investors are fleeing cities and the country. Numbers reported by the government can not be trusted. Steel production collapse is a good example of the huge decline in the economy. The property developers collapse is starting to ripple thru all its suppliers. Steel is the most visible. More to come. The house of cards built on debt is not sustainable. The Ponzi scheme has been exposed. China's real estate industry is bankrupt. This will impact the rest of the economy and then the rest of the world. There is no 5% GDP. It is a made up number. GDP is 0%. China will export deflation to the rest of the world in 2025
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