Originally Posted by Turbosina

I think most of this is absolutely right on. But China has also done a lot more than we have to get itself less dependent on oil. They've heavily subsidized electric, wind, and solar. I was just in PVG a few months back and Guangzhou before that...BYD (colossal Chinese electric car maker) has practically conquered the market with cars that put Teslas to shame. And in the countries where you can buy Chinese EVs, they have absolutely dominated. And they're really well made cars, too. I wish they were just cheap pieces of &&&& so I could feel better about US manufacturing capabilities, but Chinese automakers have advanced in leaps and bounds.

Unlike in the US, the Chinese take a remarkably practical view of energy. They don't code gasoline as "conservative" and electric/ wind/ solar as "liberal" like we do. The last time I checked, energy sources don't have political allegiances, so precisely why we in the US have this distorted view is beyond me.