/biz/ - Business & Finance

>>25769137

You tell me.

For real though. I'm honestly not sure if the Globalists are ready to admit they were wrong about China and pivot to being hawks, or if they're just going to go back to reeee'ing about Russia and Iran for a few more years. They're incredibly stubborn, and they hate admitting Trump was right about anything, but even our ivy-legacy-nepotist-midwit "elites" might have finally figured out China wants to fuck them in the ass as much as the rest of us.

The real lolz are gonna start if we decide to stop buying shit from them.

"Whoops, gweilos, turns out we under-reported our treasury reserve gold... wow look at that, the Yuan is now the strongest currency who could have seen this coming? ;)"

>>25226399

Power has to be consumed or stored when it is produced. With intermittent sources like wind you cannot time production to match consumption, so you need a storage buffer. Storage adds extreme costs, and there is no solution to this on the horizon out side of a miracle tech breakthrough.

More importantly, the costs of storage are non-linear. As intermittent sources make up a larger and larger % of your grid input, the amount of storage required gets much larger. To date, it seems the magic number is right around ~30%, going past this requires spending so much money it'll bankrupt even first world countries.

This has actually been obvious for years, but a lot of greenies are hippie neo-luddites whose real agenda is for us to adapt to lower energy usage and living standards (although being typical leftists, they'll never come out and admit it). There is good reason to think the more pragmatic neolibs are starting to win the argument on recognition that this isn't gonna fly, and consensus among the ruling class is now tilting towards more sensible and cost-effective carbon free power like nuclear.

A large part of this consensus shift is China. They are much, much more threatened by pollution and climate change than the west, and they know it. They take this problem quite seriously, and have no tolerance hippies distracting them and wasting limited capital with feel-good boondoggles (lol Germany). They will lead the nuclear revolution if the western elites keep refusing to, and so this also forces a re-think in the west.

>>24260667
>>24260106

American industry, you say?

Let's not get carried away now, gweilos.