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submitted 5 months ago by schizoidman@lemmy.ml to c/worldnews@lemmy.ml

Yellen, who is planning her second trip to China as Treasury secretary, said Wednesday in Georgia that she will convey her belief to her Chinese counterparts that Beijing’s increased production of green energy also poses risks “to productivity and growth in the Chinese economy.”

U.S. Trade Representative Katherine Tai said in response to the complaint that the U.S. subsidies are a “contribution to a clean energy future” while China “continues to use unfair, non-market policies and practices to undermine fair competition.”

This almost reads like an article from The Onion

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[-] umbrella@lemmy.ml 53 points 5 months ago

wont somebody think of the prices!

[-] distantsounds@lemmy.world 47 points 5 months ago

Janet Yellen needs to fuck off

[-] Melkath@kbin.social 44 points 5 months ago

A member of the Biden administration taking an extremely right wing stance?! What?! I am so shocked.

[-] Facebones@reddthat.com 13 points 5 months ago

It's almost as if democrats are mid right or something!

Much wow! 😂

[-] Melkath@kbin.social 7 points 5 months ago

Ya, all those left constituents can sit and spin!

Consistently voting for the "lesser evil" is really working out!

[-] itsgroundhogdayagain@lemmy.ml 40 points 5 months ago

The Invisible Hand at work

[-] Ram_The_Manparts@hexbear.net 34 points 5 months ago* (last edited 5 months ago)

"No, not like that!"

porky-scared-flipped

[-] AstridWipenaugh@lemmy.world 38 points 5 months ago

Give me heavily subsidized US made electric vehicles or STFU.

[-] admiralteal@kbin.social 20 points 5 months ago* (last edited 5 months ago)

Outside of the US, you can get a 10k or less electric mini-van, mini-truck, or mini-car which would serve 90% of most peoples' needs. Most US trips are under 3 miles after all and giant fast luxurious vehicles for those bike-range trips is just totally silly.

Meanwhile the cheapest new car in the US is what, a Mitsubishi hatchback for $18k? It's ridiculous. The US Automakers are in a tacit conspiracy to squeeze us as hard as they can by refusing to sell anything affordable -- by inflating sizes and bloating features to justify way higher MSRPs. Meanwhile the French have access to cheap ICEs like the Skoda Citygo and even ultralight city EVs like the Citroen Ami for half that price while still being easily 90% as capable for most people.

Or for roughly the same price as that bottom-of-the-market US ICE car you can get a totally workable EV like the Dacia Spring.

The US subsidizes huge vehicles in a million pointless ways. I absolutely refuse to believe that vehicle inflation is just caused by some cultural woo. It's mostly just that we create giant roads, giant parking spots, giant highways, and have automakers that intentionally go as big as the market can bear because bigger means more money. And sprinkle on some bullshit tax loopholes and state agencies/NHSTA being ultra-conservative and you have a disaster. Smaller cars thrive in the old world because the old world doesn't make it as convenient as possible to have a goddamn road yacht. They'd go big too, but it would just be a nightmare dealing with those huge cars because their governments don't prioritize making way for them in every way possible.

And that's not even getting into the frankly fine $2-3k EVs you can get in China. This is all just Europe.

[-] PowerCrazy@lemmy.ml 13 points 5 months ago

If most US trips are under 3 miles why do we have cars at all? It's extremely wasteful to use cars for that kind of transportation.

[-] EmpathicVagrant@lemmy.world 6 points 5 months ago
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[-] Bakkoda@sh.itjust.works 9 points 5 months ago

Subsidized fossil fuels you say? Well ok, coming right up.

[-] Omega_Haxors@lemmy.ml 8 points 5 months ago* (last edited 5 months ago)

But that would literally be communism!!

[-] naturalgasbad@lemmy.ca 37 points 5 months ago

The unimaginable horror of cheap energy could collapse the global oil trade. Which country produces the most oil, again?

[-] Harbinger01173430@lemmy.world 10 points 5 months ago

Burger land with screaming eagles.

[-] Sgt_choke_n_stroke@lemmy.world 9 points 5 months ago

[̲̅$̲̅(̲̅ ͡° ͜ʖ ͡°̲̅)̲̅$̲̅] 🦅🦅🦅🦅

[-] Noodle07@lemmy.world 4 points 5 months ago

Caaaaw caaaaw

[-] imnotfromkaliningrad@lemmy.ml 36 points 5 months ago

the most progressive administration in the history of the united states everybody...

[-] Asafum@feddit.nl 11 points 5 months ago

What's fucked up is that might still be true and that just speaks volumes about how absurd we are. :(

[-] taanegl@lemmy.world 33 points 5 months ago

"Oh no, real competiton, in green energy no less!"

Bitch, are you for real?

[-] Omega_Haxors@lemmy.ml 28 points 5 months ago

Oil companies: AHA! I was greenwashing the entire time! DRILL BABY DRILL

China: Don't care, we're rolling out renewables that will compete you out of the market

Oil companies: [frustrated crying face] noo you cant do that what about our profits?

[-] PolandIsAStateOfMind@lemmy.ml 14 points 5 months ago

This would be really hilarious if China developed the renewables to the point they would really be outright cheaper than fossils.

[-] bstix@feddit.dk 20 points 5 months ago
[-] PolandIsAStateOfMind@lemmy.ml 13 points 5 months ago

Another proof for how pervasive monopoly capitalism is, and how Lenin was absolutely correct about imperialism.

[-] Omega_Haxors@lemmy.ml 13 points 5 months ago* (last edited 5 months ago)

Even more funny that the oil companies could have transitioned into renewable and become the kings of that field, but they care more about maintaining fossil fascism than do the money so they just did greenwashing instead. Now they're going to get left completely in the dust.

[-] Asafum@feddit.nl 26 points 5 months ago

Wowwwww.....

Us to underdeveloped countries: sorry bro can't use coal anymore, the planet and all ya know. Sucks to suck friendo.

Us to developing countries starting off on a better foot than us: nooooooo not like that! What about the shareholders!?!?

[-] bartolomeo@suppo.fi 11 points 5 months ago

Yes and the U.S. was also literally like "why should we stop burning coal, the underdeveloped countries (esp China) will still be burning coal decades after we stop, it's not going to make a difference if we stop".

Turns out the real driving force was actually bribery ("lobbying") all along.

[-] NoneOfUrBusiness@kbin.social 21 points 5 months ago

Man I wish this were the onion.

[-] TheBroodian@hexbear.net 20 points 5 months ago

When you don't like the way the market capitalisms

[-] TropicalDingdong@lemmy.world 18 points 5 months ago
[-] stewie3128@lemmy.ml 14 points 5 months ago
[-] TropicalDingdong@lemmy.world 15 points 5 months ago

And determine our trade policy.

[-] Omega_Haxors@lemmy.ml 5 points 5 months ago

And if you get in their way, they'll kill you

[-] eldavi@lemmy.ml 1 points 5 months ago

And if you get in their way, they’ll suicide you

fixed it for you

[-] wildbus8979@sh.itjust.works 15 points 5 months ago

BuT aT wHaT cOsT¿????¿???¿??¿?

[-] DivineChaos100@hexbear.net 13 points 5 months ago
[-] bartolomeo@suppo.fi 9 points 5 months ago

unfair trade barriers

Did they forget what globalization means? Globalization means that other countries open their economy completely to U.S. companies while the U.S. grants import quotas (at best) for other countries (as long as they behave nice).

And what does this actually mean:

“I will press my Chinese counterparts to take necessary steps to address this issue.”

"Let me win again Mom said it's my turn to win again."

this post was submitted on 28 Mar 2024
155 points (95.3% liked)

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