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Explore India's growing potential in electric vehicle exports. Learn about market trends, leading exporters, top destinations, and strategies to tap into global EV demand.
#electric vehicles export from India#electric vehicles export data#electric vehicles in India#electric vehicles export#electric vehicles exporters#electric vehicles HS code#electric vehicles export in india#electric vehicles export by country#top electric vehicles exporting countries#top electric vehicles importing countries
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Discover India's growing potential as a major exporter of electric vehicles (EVs). Learn about market trends, export opportunities, leading players, and strategies to capitalize on the expanding global demand for EVs.
#electric vehicles export from India#electric vehicles export data#electric vehicles in India#electric vehicles export#electric vehicles exporters#electric vehicles HS code
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India's Growing Role in Electric Vehicle Exports: Trends and Opportunities
Learn about the latest insight on electric vehicle exports from India! Explore major electric vehicle exporters, export destinations, and HS codes. Get actual electric vehicle export data instantly.
#electric vehicles export from India#electric vehicles export data#electric vehicles in India#electric vehicles export#electric vehicles exporters#electric vehicle market#electric vehicle industry#electric vehicles HS code
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#Electric Vehicle Accessories in Maharashtra#Electric Vehicle Charging Accessories in Maharashtra#Electric Vehicle Accessories Manufacturers in Maharashtra#Electric Vehicle Charging Accessories Manufacturers in Maharashtra#Electric Vehicle Accessories Exporters in Maharashtra#Electric Vehicle Charging Accessories Exporters in Maharashtra#Electric Scooters Manufacturer#Electric Scooters Manufacturer in Maharashtra#Top 5 Electric Scooters Manufacturer#Wholesale Electric Scooters Maharashtra
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#Subaru Corp#Electric vehicles#Atsushi Osaki#50% target by 2030#EV production in the U.S.#U.S. Inflation Reduction Act#Hybrid vehicles#Exporting EVs Japan to US#Agile adaptation#new EV models by 2028#SUV EV models#Investment $10 billion#Battery-related projects#Battery supply#Panasonic Energy#Toyota Motor#Innovation#sustainability#Cleaner transportation#Strategic partnerships#Automotive industry#Sustainable mobility#Future of driving#japan#tokyo#investment#clean energy#decarbonization#environmental impact#collaboration
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In most city builders the unofficial (sometimes, explicit) goal is to grow your city - get a large amount of money, a large population and large tax income, unlock cool buildings, etc - and, while you can play it that way, the real unofficial goal of Workers & Resources is self-sufficiency.
While in the early game you're necessarily reliant on foreign trade to purchase raw materials, even hire foreign skilled labourers, and depend on exports to make up your currency deficit, the excitement of the game comes about once you fully control all steps of a given production process. You go from importing electricity - to mining, transporting, and refining coal for your own domestic power plants. And that applies to every single resource chain in the game, from bread, to concrete, to railway carriages.
What really sells me on the whole thing is this - in 'realistic' mode, the ability to construct buildings purely from money is removed. You can still import materials and labour, but you need to actually get them there. The process for starting out your city goes like this:
Set up mud tracks (the only free road type) from a border customs office. Build the free versions (which is to say, designated dirt lots) of a construction office, a fuel depot, and a road logistics office. From the border, buy vehicles with cash - cement mixers, dump trucks, asphalt pavers and steamrollers, a bus to bring foreign workers to your construction site, and don't forget a fuel tanker to supply your fuel depot. At this point you have a muddy construction site with some cars parked on it. Start construction on worker housing, the electrical substation for the housing, a water pump and water treatment plant (or, just a water tower to import water into), a small store to feed them - and hopefully it's not cold enough that you need a central heating block. Congrats, now get your construction offices carrying out each individual stage of construction in turn, requiring different resources and vehicles at each part, until, over dozens and dozens of workdays, you've finally built a single worker accomodation. Take in some workers, who are probably a bit annoyed that there aren't any bars or sports complexes around, and you've finally, after months of construction works, got your first residents. Now they need an actual workplace - and, luckily, you've now got a local workforce to construct it. Give it time, and this remote patch of dirt will be constructing nuclear power stations.
I feel like, in the way games like Banished (or, more topically, Manor Lords, I think? I've never played it) turn city-building into a survival game, by just semi-accurately portraying the precarity of a peasant economy, Workers & Resources definitely makes you feel like a stressed planner fighting against production itself, rather than your own citizens, like in Cities Skylines or the like.
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The United States is experiencing scorching new levels of heat fueled by climate change this summer, with dozens of people dying in the West, millions sweating under heat advisories and nearly three-quarters of Americans saying the government must prioritize global warming.
But as the Republican Party opens its national convention in Milwaukee with a prime-time focus on energy on Monday night, the party has no plan to address climate change.
While many Republicans no longer deny the overwhelming scientific consensus that the planet is warming, party leaders do not see it as a problem that needs to be addressed.
“I don’t know that there is a Republican approach to climate change as an organizing issue,” said Thomas J. Pyle, president of the American Energy Alliance, a conservative research group focused on energy. “I don’t think President Trump sees reducing greenhouse gases, using the government to do so, as an imperative.”
When former President Donald J. Trump mentions climate change at all, it is mockingly.
“Can you imagine, this guy says global warming is the greatest threat to our country?” Mr. Trump said, referring to President Biden as he addressed a rally in Chesapeake, Va., last month, the hottest June in recorded history across the globe. “Global warming is fine. In fact, I heard it was going to be very warm today. It’s fine.”
He went on to dismiss the scientific evidence that melting ice sheets in Antarctica and Greenland are causing seas to rise, threatening coastal communities around the world. He said it would result in “more waterfront property, if you’re lucky enough to own.” And he lapsed into familiar rants against windmills and electric vehicles.
At the televised debate with Mr. Biden in June, Mr. Trump was asked if he would take any action as president to slow the climate crisis. “I want absolutely immaculate clean water and I want absolutely clean air, and we had it,” Mr. Trump responded, without answering the question.
Mr. Trump’s spokeswoman, Karoline Leavitt, later declined to clarify the former president’s position or discuss any actions he would take regarding climate change, saying only that he wants “energy dominance.”
The United States last year pumped more crude oil than any country in history and is now the world’s biggest exporter of natural gas.
A clear majority of Americans, 65 percent, wants the country to focus on increasing solar, wind and other renewable energy and not fossil fuels, according to a May survey by the Pew Research Center. But just 38 percent of Republicans surveyed said renewable energy should be prioritized, while 61 percent said the country should focus on developing more oil, gas and coal.
“Their No. 1 agenda is to continue producing fossil fuels,” said Andrew Dessler, a professor of atmospheric sciences and the director of the Texas Center for Climate Studies at Texas A&M University. “Once you understand their main goal is to entrench fossil fuels regardless of anything else, everything makes sense.”
The party platform, issued last week, makes no mention of climate change. Instead, it encourages more production of oil, gas and coal, the burning of which is dangerously driving up global temperatures. “We will DRILL, BABY, DRILL,” it says, referring to oil as “liquid gold.”
By contrast, Mr. Biden has taken the most aggressive action of any president to cut emissions from coal, oil and gas and encourage a transition to wind, solar and other carbon-free energy. He has directed every federal agency from the Agriculture Department to the Pentagon to consider how climate change is affecting their core missions.
If Mr. Biden has taken an all-of-government approach to fighting climate change, Mr. Trump and his allies would adopt the opposite: scrubbing “climate” from all federal functions and promoting fossil fuels.
Mr. Trump and his allies want to end federal subsidies for electric vehicles, battery development and the wind and solar industries, preferring instead to open up the Alaskan wilderness to oil drilling, encourage more offshore drilling and expand gas export terminals.
Project 2025, a lengthy manual filled with specific proposals for a next Republican administration, calls for erasing any mention of climate change across the government. While Mr. Trump has recently sought to distance himself from Project 2025, he has praised its architects at the Heritage Foundation, a conservative research organization, and much of the plan was written by people who were top advisers during his first term and could serve in prominent roles if he wins in November.
When pressed to discuss climate change, some Republicans say the country should produce more natural gas and sell it to other countries as a cleaner replacement for coal.
While natural gas produces less carbon dioxide than coal when burned, it remains one of the sources of the greenhouse gases that are driving climate change. Scientists say that countries must stop burning coal, oil and gas to keep global warming to relatively safe levels. Last year, at the United Nations climate summit in Dubai, United Arab Emirates, the United States and nearly 200 countries agreed to transition away from fossil fuels.
But if elected, Mr. Trump has indicated he would pull back from the global fight against climate change, as he did when he announced in 2017 that the United States would be the first and only country to withdraw from the Paris Agreement to limit greenhouse gas emissions. (The United States subsequently rejoined under Mr. Biden.)
And it’s possible he would go even further. Mr. Trump’s former aides said that if he wins in November, he would remove the country altogether from the United Nations Framework Convention on Climate Change, the international body that works on climate policy and created the 2015 Paris deal.
When it comes to international relations, Project 2025 calls for an end to spending federal funds to help the world’s poorest countries transition to wind, solar and other renewable energy.
The blueprint also calls for erasing climate change as a national security concern, despite research showing rising sea levels, extreme weather and other consequences of global temperature rise are destabilizing areas of the world, affecting migration and threatening American military installations.
Federal research into climate change would slow or disappear under Project 2025, which recommends dismantling the National Oceanic and Atmospheric Administration, which conducts some of the world’s leading climate research and is also responsible for weather forecasting and tracking the path of hurricanes and other storms.
NOAA, according to the authors of Project 2025, is “one of the main drivers of the climate change alarm industry and, as such, is harmful to future U.S. prosperity.” At the agency’s research operation, which include a network of research laboratories, an undersea research center, and several joint research institutes with universities, “the preponderance of its climate-change research should be disbanded,” the blueprint said.
Project 2025 also calls for the president to issue an executive order to “reshape” the program that convenes 13 federal agencies every four years to produce the National Climate Assessment, the country’s most authoritative analysis of climate knowledge. The report is required by Congress and details the impacts and risks of climate change to a wide range of sectors, including agriculture, health care and transportation. It is used by the public, researchers and officials around the country to inform decisions about strategies and spending.
Project 2025 also calls for the elimination of offices at the Department of Energy dedicated to developing wind, solar and other renewable energy.
Waleed Abdalati, a former NASA chief scientist who is now at the University of Colorado Boulder, said downgrading climate science would be a disservice to the nation. “That’s a loss of four years in pursuit of creative solutions,” he said.
As president, Mr. Trump tried to replace top officials with political appointees who denied the existence of climate change and put pressure on federal scientists to water down their conclusions. Scientists refused to change their findings and attempts by the Trump administration to bury climate research were also not successful.
“Thank God they didn’t know how to run a government,” Thomas Armstrong, who led the National Climate Assessment program under the Obama administration, said at the end of Mr. Trump’s presidency, adding, “It could have been a lot worse.”
Next time, they would know how to run the government, Mr. Trump’s former officials said. “The difference between the last time and this time is, Donald Trump was president for four years,” Mr. Pyle said. “He will be more prepared.”
#climate change#climate action#global warming#Donald Trump#Trump#politics#us politics#american politics#election 2024#Republicans don't just not have a plan to fight climate change#they have a plan to make it much worse#the planet is on the line people
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Excerpt from this Op-Ed from the New York Times:
At first glance, Xi Jinping seems to have lost the plot.
China’s president appears to be smothering the entrepreneurial dynamism that allowed his country to crawl out of poverty and become the factory of the world. He has brushed aside Deng Xiaoping’s maxim “To get rich is glorious” in favor of centralized planning and Communist-sounding slogans like “ecological civilization” and “new, quality productive forces,” which have prompted predictions of the end of China’s economic miracle.
But Mr. Xi is, in fact, making a decades-long bet that China can dominate the global transition to green energy, with his one-party state acting as the driving force in a way that free markets cannot or will not. His ultimate goal is not just to address one of humanity’s most urgent problems — climate change — but also to position China as the global savior in the process.
It has already begun. In recent years, the transition away from fossil fuels has become Mr. Xi’s mantra and the common thread in China’s industrial policies. It’s yielding results: China is now the world’s leading manufacturer of climate-friendly technologies, such as solar panels, batteries and electric vehicles. Last year the energy transition was China’s single biggest driver of overall investment and economic growth, making it the first large economy to achieve that.
This raises an important question for the United States and all of humanity: Is Mr. Xi right? Is a state-directed system like China’s better positioned to solve a generational crisis like climate change, or is a decentralized market approach — i.e., the American way — the answer?
How this plays out could have serious implications for American power and influence.
Look at what happened in the early 20th century, when fascism posed a global threat. America entered the fight late, but with its industrial power — the arsenal of democracy — it emerged on top. Whoever unlocks the door inherits the kingdom, and the United States set about building a new architecture of trade and international relations. The era of American dominance began.
Climate change is, similarly, a global problem, one that threatens our species and the world’s biodiversity. Where do Brazil, Pakistan, Indonesia and other large developing nations that are already grappling with the effects of climate change find their solutions? It will be in technologies that offer an affordable path to decarbonization, and so far, it’s China that is providing most of the solar panels, electric cars and more. China’s exports, increasingly led by green technology, are booming, and much of the growth involves exports to developing countries.
From the American neoliberal economic viewpoint, a state-led push like this might seem illegitimate or even unfair. The state, with its subsidies and political directives, is making decisions that are better left to the markets, the thinking goes.
But China’s leaders have their own calculations, which prioritize stability decades from now over shareholder returns today. Chinese history is littered with dynasties that fell because of famines, floods or failures to adapt to new realities. The Chinese Communist Party’s centrally planned system values constant struggle for its own sake, and today’s struggle is against climate change. China received a frightening reminder of this in 2022, when vast areas of the country baked for weeks under a record heat wave that dried up rivers, withered crops and was blamed for several heatstroke deaths.
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Clean energy contributed a record 11.4tn yuan ($1.6tn [USD]) to China’s economy in 2023, accounting for all of the growth in investment and a larger share of economic growth than any other sector. The new sector-by-sector analysis for Carbon Brief, based on official figures, industry data and analyst reports, illustrates the huge surge in investment in Chinese clean energy last year – in particular, the so-called “new three” industries of solar power, electric vehicles (EVs) and batteries. Solar power, along with manufacturing capacity for solar panels, EVs and batteries, were the main focus of China’s clean-energy investments in 2023, the analysis shows.[...]
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.[...]
The surge in clean-energy investment comes as China’s real-estate sector shrank for the second year in a row. This shift positions the clean-energy industry as a key part not only of China’s energy and climate efforts, but also of its broader economic and industrial policy.[...]
The growing importance of these new industries gives China a significant economic stake in the global transition to clean-energy technologies.[...]
In total, clean energy made up 13% of the huge volume of investment in fixed assets in China in 2023, up from 9% a year earlier.[...]
The major role that clean energy played in boosting growth in 2023 means the industry is now a key part of China’s wider economic and industrial development.[...]
Solar was the largest contributor to growth in China’s clean-technology economy in 2023. It recorded growth worth a combined 1tn yuan of new investment, goods and services, as its value grew from 1.5tn yuan in 2022 to 2.5tn yuan in 2023, an increase of 63% year-on-year. While China has dominated the manufacturing and installations of solar panels for years, the growth of the industry in 2023 was unprecedented.[...]
An estimated 200GW was added across the country during 2023 as a whole, more than doubling from the record of 87GW set in 2022[...]
China experienced a significant increase in solar product exports in 2023. It exported 56GW of solar wafers, 32GW of cells and 178GW of modules in the first 10 months of the year, up 90%, 72% and 34% year-on-year respectively [...] However, due to falling costs, the export value of these solar products only increased by 3%.
Within the overall export growth there were notable increases in China’s solar exports to countries along the “belt and road”, to southeast Asian nations and to several African countries.[...]
China installed 41GW of wind power capacity in the first 11 months of 2023, an increase of 84% year-on-year in new additions. Some 60GW of onshore wind alone was due to be added across 2023[...]
In addition, offshore wind capacity increased by 6GW across the whole of 2023.[...]
By the end of 2023, the first batch of “clean-energy bases” were expected to have been connected to the grid, contributing to the growth of onshore wind power, particularly in regions such as Inner Mongolia and other northwestern provinces. The second and third batches of clean-energy bases are set to continue driving the growth in onshore wind installations. The market is also being driven by the “repowering” of older windfarms, supported by central government policies promoting the model of replacing smaller, older turbines with larger ones.[...]
Despite technological advancements reducing costs, increases in raw material prices have resulted in lower profit margins compared to the solar industry[...]
China’s production of electric vehicles grew 36% year-on-year in 2023 to reach 9.6m units, a notable 32% of all vehicles produced in the country. The vast majority of [B]EVs produced in China are sold domestically, with sales growing strongly despite the phase-out of purchase subsidies announced in 2020 and completed at the end of 2022.[...]
Sales of [B]EVs made in China reached 9.5m units in 2023, a 38% year-on-year increase. Of this total, 8.3m were sold domestically, accounting for one-third of Chinese vehicle sales overall, while 1.2m [B]EVs were exported, a 78% year-on-year increase.[...]
China’s EV market is highly competitive, with at least 94 brands offering more than 300 models. Domestic brands account for 81% of the EV market, with BYD, Wuling, Chery, Changan and GAC among the top players.[...]
The analysis assumes that EVs accounted for all of the growth in investment in vehicle manufacturing capacity [...] while investment in conventional vehicles was stable[...]
Meanwhile, EV charging infrastructure is expanding rapidly, enabling the growth of the EV market. In 2022, more than 80% of the downtown areas of “first-tier” cities – megacities such as Beijing, Shanghai and Guangzhou – had installed charging stations, while 65% of the highway service zones nationwide provided charging points.
More than 3m new charging points were put into service during 2023, including 0.93m public and 2.45m private chargers. The accumulated total by November 2023 reached 8.6m charging points.[...]
China is rapidly scaling up electricity storage capacity. This has the potential to significantly reduce China’s reliance on coal- and gas-fired power plants to meet peaks in electricity demand and to facilitate the integration of larger amounts of variable wind and solar power into the grid. The construction of pumped hydro storage capacity increased dramatically in the last year, with capacity under construction reaching 167GW, up from 120GW a year earlier.[...]
Data from Global Energy Monitor identifies another 250GW in pre-construction stages, indicating that there is potential for the current surge in capacity to continue.
Construction of new battery manufacturing capacity was another major driver of investments, estimated at 0.3tn [yuan].[...]
Investment in electrolysers for “green” hydrogen production almost doubled year-on-year in 2023, reaching approximately 90bn yuan, based on estimates for the first half of the year from SWS Research. [...]
China’s ministry of transportation reported that investment in railway construction increased 7% in January–November 2023, implying investment of 0.8tn for the full year. This includes major investments in both passenger and freight transport. Investment in roads fell slightly, while investment in railways overall grew by 22%. The share of freight volumes transported by rail in China has increased from 7.8% in 2017 to 9.2% in 2021, thanks to the rapid development of the railway network. In 2022, some 155,000km of rail lines were in operation, of which 42,000km were high-speed. This is up from 146,000km of which 38,000km were high-speed in 2020.[...]
In 2023, 10 nuclear power units were approved in China, exceeding the anticipated rate of 6-8 units per year set by the China Nuclear Energy Association in 2020 for the second year in a row. There are 77 nuclear power units that are currently operating or under construction in China, the second-largest total in the world. The total yearly investment in 2023 was estimated for this analysis at 87bn yuan, an increase of 45% year-on-year[...]
State Grid, the government-owned operator that runs the majority of the country’s electricity transmission network, has a target to raise inter-provincial power transmission capacity to 300GW by 2025 and 370GW by 2030, from 230GW in 2021. These plans play a major role in enabling the development of clean energy bases in western China. China Electricity Council reported investments in electricity transmission at 0.5tn yuan in 2023, up 8% on year – just ahead of the level targeted by State Grid.[...]
China’s reliance on the clean-technology sectors to drive growth and achieve key economic targets boosts their economic and political importance. It could also support an accelerated energy transition. The massive investment in clean technology manufacturing capacity and exports last year means that China has a major stake in the success of clean energy in the rest of the world and in building up export markets. For example, China’s lead climate negotiator Su Wei recently highlighted that the goal of tripling renewable energy capacity globally, agreed in the COP28 UN climate summit in December, is a major benefit to China’s new energy industry. This will likely also mean that China’s efforts to finance and develop clean energy projects overseas will intensify.
Globally, China’s unprecedented clean-energy manufacturing boom has pushed down prices, with the cost of solar panels falling 42% year-on-year – a dramatic drop even compared to the historical average of around 17% per year, while battery prices fell by an even steeper 50%. This, in turn, has encouraged much faster take-up of clean-energy technologies.[...]
The clean-technology investment boom has provided a new lease of life to China’s investment-led economic model. There are new clean-energy technologies where there is scope for expansion, such as [Hydrogen] electrolysers.
Mind-blowing is the only word for it rly [25 Jan 24]
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The flights and their major exports
Ice: furs, fish, culinary or food grade ice, unique and seasonal herbs, spices and flora that only grow there in the spring, super rich culinary culture has formed here and it attracts tourism and foodies, cooking oils and fats, seeds and nuts for consumption
Nature: lumber, meats, spices, fertile soil, insect cuisine, perfumes, freshwater fish, houseplants, seeds and shoots for farming, decorative plant or wood working, plant based oils for cooking or fuel
Light: wheat, plant based fibers and fabrics, paper and or papyrus, chalk and marble, huge bread and baked goods industry, baskets, porcelain, exotic percivore cuisine, pigments, seasonal fruits
Earth: cactus fruits, minerals and stones, gemstones, terracotta creations or construction pieces, ceramic work, glass tile work, roots and tubers, fossils, pigments,
Wind: rice, grains, construction grade bamboo, paper, rice paper, fabrics, plants and small birds for consumption, instruments (specifically wood-wind), silks, ribbon, sonorous sculptures
Shadow: fungal harvests, wire craft, tactical suits and mantles to conceal the body, iron weaponry with decorative detailing, insect and plant exports, huge root farming industry, lantern exports, candles, woodturned tools/utensils/decor/etc
Water: shells and abalone, fish, seaweed and kelp cuisine, boats and boat blueprints, crustacean cuisine, huge huge huge provider for the pescatarians, opal
Lightning: machinery parts, batteries, cactus harvests, insulation for both heat and electricity, exotic insect cuisine, dried and aged foods, electricity is produced in excess enough to provide immediately to the surrounding territories
Arcane: stained glass, lumber from the starwood strand (has unique properties and could be used for construction or artistic works), magical batteries made from the crystals, tomes and books, lenses, exotic herbivore cuisine, luminous pigments, tapestry work
Plague: immunizers/immunizations, craft and construction grade bones, leather, ale/mead/wine/whiskey/etc because they have the most intricate and detailed brewing and fermenting processes due to the understanding they have surrounding bacteria, pickled foods and pickling kits, surgical grade tools, cheeses, dry aged meats, medical practices unlike any other
Fire: weapons and armor, exotic carnivore cuisine, glasswork and glass blowing, obsidian and basalt export, geothermic energy(they can provide power enough to the surrounding territories) intricate mosaic and tile work, mineral exports, ceramic exports, blackened foods, metal shells and armor for vessels and vehicles and mounts
These are just what I can think of by examining the map and element at face value, there are millions of things these places can produce and export but I think these are the big ones or what they are known for, maybe even just the best quality versions of the export! If you want to use these ideas or add your own feel free!
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Germany Should Have Listened to Trump
Tuesday 2.27.2024 Wall Street Journal
By Walter Russell Mead
Trump was right about Berlin’s self-defense and risky energy dependence on Russia.
The lower house of Germany’s Parliament voted to legalize the recreational use of cannabis last week. It was a timely move. Germany’s leadership class is going to need all the mellow it can find in a world that isn’t going Germany’s way.
Russian advances in Ukraine and American paralysis over the next aid package are reinforcing the reality that Germany needs to defend itself but lacks the power to do so. So are developments in the Red Sea, where German manufacturers must cope with shipping delays as the Biden administration fails to keep the vital waterway clear.
Forget the 2% of gross domestic product that Germany has repeatedly promised and failed to spend on defense. Defense Minister Boris Pistorius shocked many observers this month when he said that in the new world situation, Germany may have to spend as much as 3.5% of GDP for defense.
The economic news is also grim. Last year Germany’s GDP shrank 0.3%, and last week the government slashed 2024 growth estimates to a pitiful 0.2%. Economists expect negative growth during the first quarter of 2024, placing the country in recession. The outlook for housing is bleak, with business confidence reaching all-time lows. The news in manufacturing is little better. This month the widely followed HCOB German Flash Composite Purchasing Managers’ Index fell to 46.1, the eighth month in a row that the index has pointed to decreasing economic activity.
Energy prices are a particular sore spot. The chemical giant BASF announced €1 billion in spending cuts in its German operations, blaming a mix of weak demand in the German market and “structurally higher energy prices.” Enormous U.S. subsidies under the so-called Inflation Reduction Act are leading German companies to look across the Atlantic.
Chinese competition is another massive worry. China long ago passed Germany as the world’s largest car producer. Increasingly, especially in electric vehicles, it is challenging Germany as both a low-cost and high-quality manufacturer. Beijing aims to marginalize German capital goods and automobile companies in China while Chinese exporters challenge German dominance in world markets.
With the associations representing the small and medium-size Mittelstand firms that make up the heart of the German economy warning in a rare joint open letter about Germany’s loss of competitiveness, Economy Minister Robert Habeck isn’t mincing words. The economy is in “rough waters.” The “competitiveness of Germany as an industrial location” is in doubt.
It isn’t all doom and gloom. The outlook for the service sector is brighter than for manufacturing, and as the Journal reported last week, the Ifo Institute’s business-climate index improved slightly this month. The best that can be said for the outlook? “The German economy is stabilizing at a low level,” according to Ifo’s president.
Meanwhile, Germany’s dysfunctional three-party coalition government is paralyzed by internal struggles. The largest party in the coalition, Chancellor Olaf Scholz’s Social Democratic Party (SPD), is deeply divided over foreign policy, with many nostalgic for good relations with Russia and allergic to military spending. The SPD also wants Biden-like government spending initiatives to revive the German industrial machine and expand social benefits. The Greens, the next-largest party, are by German standards foreign-policy hawks but continue to press for a rapid energy transition that drives up costs for business and consumers. The third party in the coalition, the Free Democrats, wants to hold the line on government spending. As if this weren’t enough trouble, the conservative opposition parties have a blocking minority in Parliament’s upper house.
This is not where Germans thought they would be. Sixteen months ago, I visited Berlin and heard from a stream of government officials, think tankers and economists that everything was working fine. Russia was failing in Ukraine. The energy transition would boost German competitiveness and employment. Germany’s Mittelstand would handle anything China could throw at it.
Under the circumstances, it’s no surprise that antiestablishment parties are growing in Germany. The far right Alternative for Germany (AfD) currently has more support than any of the governing parties, with one recent poll showing the AfD at 19%, the Social Democrats at 14%, the Greens at 13%, and the Free Democrats at 4%.
The most bitter pill of all for Germany’s establishment may be the realization that on the most important issues facing Germany, Donald Trump was right where they were wrong. Getting in bed with Vladimir Putin for cheap energy was both foolish and deeply disloyal to the West. German defense policy was self-defeating and dangerous. China wasn’t a reliable partner.
“Ich bin ein Berliner,” was President John F. Kennedy’s message to Germany. If Donald Trump returns to the White House, his message will likely be “Das habe ich gleich gesagt,” or “I told you so.”
#Today's#Wall Street Journal#Trump Was Right About Everything#trump 2024#trump#president trump#repost#donald trump#art#nature#democrats#Biden#Obama#love#Russia#Germany#landscape#fashion#leadership#honest#integrity#guts#energy#GNP#NATO#DIY#GIF#IG#Europe#listen
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On May 14, Washington slapped new tariffs on China in what looks at first glance like the latest round of a familiar trade spat. The White House imposed duties of 25 to 50 percent on a range of industrial, medical, and clean tech goods—including semiconductors, solar cells, batteries, steel, aluminum, graphite, magnets, syringes, and ship-to-shore cranes. Strikingly, the latest measures also include a whopping 100 percent tariff on electric vehicles, effectively shutting the U.S. market to Chinese-made EVs.
Seen from Washington, these measures also look like a political move as U.S. President Joe Biden courts blue-collar voters in industrial swing states such as Michigan and Pennsylvania ahead of the November presidential election. It’s unlikely, however, that Beijing shares this benign interpretation. Seen from China, the tariffs look like a serious escalation of the U.S.-China contest and are probably raising alarm bells. Here’s why.
1. Washington is playing the long game. Stories of how China has become the world leader in EV manufacturing and is flooding the world with cheap vehicles have flourished over recent months. At the global level, there certainly is something to this analysis. Chinese exports of EVs jumped by a whopping 80 percent last year, propelling China to the top of the global ranking of car exporters. Yet this does not apply to the United States, where China supplied just 2 percent of EVs sold last year. (U.S. consumers appear to have a distinct preference for South Korean, Japanese, and European EV imports.) In other words, a 100 percent tariff on a few thousand cars will not hit Chinese firms hard.
A closer look at the list of targeted sectors suggests that batteries, not cars, will be the real pain point for China. The U.S. market is important for Chinese battery firms, which supply around 70 percent of the lithium-ion batteries used in the United States. For China’s battery sector, this means that the impact of the latest U.S. tariffs will likely be huge: The usual rule of thumb is that a 1 percentage point increase in tariffs entails a 2 percent drop in trade. With tariffs rising from 7.5 percent to 25 percent, the rule suggests that Chinese battery firms’ U.S. sales could drop by around one-third—or by $5 billion when one includes the entire battery supply chain. With Chinese battery-makers already seeing their profits plummet amid softening global demand, this is certainly bad news for Beijing.
Crucially, batteries are also an area where the U.S. government is investing huge amounts of public funds, in particular through the Inflation Reduction Act, which seeks to boost U.S. domestic production of clean tech goods. Seen in this light, the latest U.S. tariffs are preemptive measures to protect a nascent clean tech industry and make sure that there is domestic demand for future U.S. production. This suggests that the United States is playing the long game here, with little chance the tariffs will be lifted anytime soon. On the contrary—the U.S. clean tech market could well be closed to Chinese firms from here on out.
2. The White House is trying to force Europe to come on board and impose similar tariffs on China. Biden is probably seeking to score electoral brownie points with a 100 percent tariff on EVs, making former President Donald Trump’s proposal for 60 percent on U.S. imports from China look almost feeble. (Not to be outdone, Trump just announced that he would apply a 200 percent tariff on Chinese-branded cars made in Mexico.) Yet the reality is that Biden’s tariffs will not prove game-changing in the short term: Their implementation will be phased in over two years, and supply chain adjustments typically take time. In short, the measures are unlikely to fuel a U.S. industrial boom in time for the November elections.
What will happen before the election, though, is the conclusion in June or July of the European Union’s ongoing anti-subsidy investigation into China’s EV makers. Rumors abound of a possible tariff of 20 to 30 percent on Chinese EVs. Such a prospect is probably unnerving for Beijing; the EU is the biggest export market for China’s EVs, absorbing around 40 percent of Chinese shipments. The United States hopes that its 100 percent tariff on EVs will compel the EU to not only follow Washington’s example in imposing a tariff on Chinese EVs but perhaps also consider a higher one. This bold strategy could well work. Europe is unlikely to enjoy having its arm twisted by Washington, but the bloc will also worry that Chinese EV makers could double down on their push to dominate the EU market now that they have lost access to the U.S. one.
Chinese EVs look set to be a key topic when G-7 leaders meet for their annual summit in June. The United States will probably try to cajole Germany, which has long been dovish vis à vis China, into supporting sharply higher tariffs. German Chancellor Olaf Scholz has pointed to the fact that European auto manufacturers “sell a great many vehicles that are produced in Europe to China”—hinting at German fears that China could retaliate against EVs and internal combustion engine cars imported from the EU.
3. The tariffs are a serious escalation from Washington’s previous de-risking strategy. In recent years, U.S. de-risking has focused on reducing the United States’ reliance on China for crucial goods and curbing Beijing’s access to dual-use technology in a bid to avoid fueling the country’s military advances. To implement this strategy, Washington has so far relied on two main tools from its economic statecraft kit: financial sanctions (for instance, on firms linked to the People’s Liberation Army) and export controls (notably on semiconductors, which are dual-use goods found in most military equipment).
Washington is slowly realizing that these two tools are imperfect. China’s massive sanctions-proofing efforts mean that sanctions do not always deal a blow to Chinese firms, which may no longer be using the U.S. dollar (China now settles around half of its cross-border trade in renminbi) or Western financial channels such as SWIFT, the global payments system. Washington also understands that export controls on clean tech would not curb China’s ambitions in the field, as Chinese firms already have all the tech they need. This leaves only one option for U.S. economic statecraft: tariffs that leverage one of the country’s greatest economic assets—access to its market.
This is why the latest U.S. tariffs are likely raising red flags in Beijing. The United States is now severing access to its market in clean tech and other areas that China sees as crucial for its plans to become the world’s future economic superpower. If the EU plays ball, this approach would expose a central flaw in Beijing’s industrial strategy: What if the world’s two biggest markets—the United States and the EU—become no-go areas for Chinese firms dependent on exporting their vast production, leaving them with piles of unused goods? Few other markets are available for Chinese clean tech exports—outside Europe, North America, and East Asia, most countries lack the infrastructure for large-scale EV adoption, for example. This prospect may well keep Beijing’s planners up at night, with no easy solution in sight.
The question now is whether and how Beijing will react. Serious retaliation is unlikely, since the United States exports far less to China than vice versa. Given its current economic woes, China also has little interest in further weakening its economy—for example, by imposing export bans on critical raw materials, rare earths, or other crucial goods for Western economies.
As the latest skirmish in the battle for economic dominance between Washington and Beijing, the new U.S. tariffs raise a number of bigger questions: Will Washington succeed in its efforts to create a domestic ecosystem for clean tech? Will the United States and Europe manage to cooperate—or go their own ways in their economic relations with China? Will the United States continue to curb Chinese access to the U.S. market for the purposes of de-risking—and if so, in which sectors? There is probably only one certainty in the U.S.-China economic war: The conflict will continue well after the November elections, whatever their outcome.
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SHANGHAI — Over the past generation, China’s most important relationships were with the more developed world, the one that used to be called the “first world.” Mao Zedong proclaimed China to be the leader of a “third” (non-aligned) world back in the 1970s, and the term later came to be a byword for deprivation. The notion of China as a developing country continues to this day, even as it has become a superpower; as the tech analyst Dan Wang has joked, China will always remain developing — once you’re developed, you’re done.
Fueled by exports to the first world, China became something different — something not of any of the three worlds. We’re still trying to figure out what that new China is and how it now relates to the world of deprivation — what is now called the Global South, where the majority of human beings alive today reside. But amid that uncertainty, Chinese exports to the Global South now exceed those to the Global North considerably — and they’re growing.
The International Monetary Fund expects Asian countries to account for 70% of growth globally this year. China must “shape a new international system that is conducive to hedging against the negative impacts of the West’s decoupling,” the scholar and former People’s Liberation Army theorist Cheng Yawen wrote recently. That plan starts with Southeast Asia and extends throughout the Global South, a terrain that many Chinese intellectuals see as being on their side in the widening divide between the West and the rest.
“The idea is that what China is today, fast-growing countries from Bangladesh to Brazil could be tomorrow.”
China isn’t exporting plastic trinkets to these places but rather the infrastructure for telecommunications, transportation and digitally driven “smart cities.” In other words, China is selling the developmental model that raised its people out of obscurity and poverty to developed global superpower status in a few short decades to countries with people who have decided that they want that too.
The world China is reorienting itself to is a world that, in many respects, looks like China did a generation ago. On offer are the basics of development — education, health care, clean drinking water, housing. But also more than that — technology, communication and transportation.
Back in April, on the eve of a trip to China, Brazilian President Luiz Inacio Lula da Silva sat down for an interview with Reuters. “I am going to invite Xi Jinping to come to Brazil,” he said, “to get to know Brazil, to show him the projects that we have of interest for Chinese investment. … What we want is for the Chinese to make investments to generate new jobs and generate new productive assets in Brazil.” After Lula and Xi had met, the Brazilian finance minister proclaimed that “President Lula wants a policy of reindustrialization. This visit starts a new challenge for Brazil: bringing direct investments from China.” Three months later, the battery and electric vehicle giant BYD announced a $624 million investment to build a factory in Brazil, its first outside Asia.
Across the Global South, fast-growing countries from Bangladesh to Brazil can send raw materials to China and get technological devices in exchange. The idea is that what China is today, they could be tomorrow.
At The Kunming Institute of Botany
In April, I went to Kunming to visit one of China’s most important environmental conservation outfits — the Kunming Institute of Botany. Like the British Museum’s antiquities collected from everywhere that the empire once extended, the seed bank here (China’s largest) aspires to acquire thousands of samples of various plant species and become a regional hub for future biotech research.
From the Kunming train station, you can travel by Chinese high-speed rail to Vientiane; if all goes according to plan, the line will soon be extended to Bangkok. At Yunnan University across town, the economics department researches “frontier economics” with an eye to Southeast Asian neighboring states, while the international relations department focuses on trade pacts within the region and a community of anthropologists tries to figure out what it all means.
Kunming is a bland, air-conditioned provincial capital in a province of startling ethnic and geographic diversity. In this respect, it is a template for Chinese development around Southeast Asia. Perhaps in the future, Dhaka, Naypyidaw and Phnom Penh will provide the reassuring boredom of a Kunming afternoon.
Imagine you work at the consulate of Bangladesh in Kunming. Why are you in Kunming? What does Kunming have that you want?
The Bengali poet Rabindranath Tagore lyrically described Asia’s communities as organic and spiritual in contrast with the materialism of the West. As Tagore spoke of the liberatory powers of art, his Chinese listeners scoffed. The Chinese poet Wen Yiduo, who moved to Kunming during World War II and is commemorated with a statue at Yunnan Normal University in Kunming, wrote that Tagore’s work had no form: “The greatest fault in Tagore’s art is that he has no grasp of reality. Literature is an expression of life and even metaphysical poetry cannot be an exception. Everyday life is the basic stuff of literature, and the experiences of life are universal things.”
“Xi Jinping famously said that China doesn’t export revolution. But what else do you call train lines, 5G connectivity and scientific research centers appearing in places that previously had none of these things?”
If Tagore’s Bengali modernism championed a spiritual lens for life rather than the materiality of Western colonialists, Chinese modernists decided that only by being more materialist than Westerners could they regain sovereignty. Mao had said rural deprivation was “一穷二白” — poor and empty; Wen accused Tagore’s poetry of being formless. Hegel sneered that Asia had no history, since the same phenomena simply repeated themselves again and again — the cycle of planting and harvest in agricultural societies.
For modernists, such societies were devoid of historical meaning in addition to being poor and readily exploited. The amorphous realm of the spirit was for losers, the Chinese May 4th generation decided. Railroads, shipyards and electrification offered salvation.
Today, as Chinese roads, telecoms and entrepreneurs transform Bangladesh and its peers in the developing world, you could say that the argument has been won by the Chinese. Chinese infrastructure creates a new sort of blank generic urban template, one seen first in Shenzhen, then in Kunming and lately in Vientiane, Dhaka or Indonesian mining towns.
The sleepy backwaters of Southeast Asia have seen previous waves of Chinese pollinators. Low Lan Pak, a tin miner from Guangdong, established a revolutionary state in Indonesia in the 18th century. Li Mi, a Kuomintang general, set up an independent republic in what is now northern Myanmar after World War II.
New sorts of communities might walk on the new roads and make calls on the new telecom networks and find work in the new factories that have been built with Chinese technology and funded by Chinese money across Southeast Asia. One Bangladeshi investor told me that his government prefers direct investment to aid — aid organizations are incentivized to portray Bangladesh as eternally poor, while Huawei and Chinese investors play up the country’s development prospects and bright future. In the latter, Bangladeshis tend to agree.
“Is China a place, or is it a recipe for social structure that can be implemented generically anywhere?”
The majority of human beings alive today live in a world of not enough: not enough food; not enough security; not enough housing, education, health care; not enough rights for women; not enough potable water. They are desperate to get out of there, as China has. They might or might not like Chinese government policies or the transactional attitudes of Chinese entrepreneurs, but such concerns are usually of little importance to countries struggling to bootstrap their way out of poverty.
The first world tends to see the third as a rebuke and a threat. Most Southeast Asian countries have historically borne abuse in relationship to these American fears. Most American companies don’t tend to see Pakistan or Bangladesh or Sumatra as places they’d like invest money in. But opportunity beckons for Chinese companies seeking markets outside their nation’s borders and finding countries with rapidly growing populations and GDPs. Imagine a Huawei engineer in a rural Bangladeshi village, eating a bad lunch with the mayor, surrounded by rice paddies — he might remember the Hunan of his childhood.
Xi Jinping famously said that China doesn’t export revolution. But what else do you call train lines, 5G connectivity and scientific research centers appearing in places that previously had none of these things?
Across the vastness of a world that most first-worlders would not wish to visit, Chinese entrepreneurs are setting up electric vehicle and battery companies, installing broadband and building trains. The world that is looming into view on Huawei’s 2022 business report is one in which Asia is the center of the global economy and China sits at its core, the hub from which sophisticated and carbon-neutral technologies are distributed. Down the spokes the other way come soybeans, jute and nickel. Lenin’s term for this kind of political economy was imperialism.
If the Chinese economy is the set of processes that created and create China, then its exports today are China — technologies, knowledge, communication networks, forms of organization. But is China a place, or is it a recipe for social structure that can be implemented generically anywhere?
Huawei Station
Huawei’s connections to the Chinese Communist Party remain unclear, but there is certainly a case of elective affinities. Huawei’s descriptions of selfless, nameless engineers working to bring telecoms to the countryside of Bangladesh is reminiscent of Party propaganda and “socialist realist” art. As a young man, Ren Zhengfei, Huawei’s CEO, spent time in the Chongqing of Mao’s “third front,” where resources were redistributed to develop new urban centers; the logic of starting in rural areas and working your way to the center, using infrastructure to rappel your way up, is embedded within the Maoist ideas that he studied at the time. Today, it underpins Huawei’s business development throughout the Global South.
I stopped by the Huawei Analyst Summit in April to see if I could connect the company’s history to today. The Bildungsroman of Huawei’s corporate development includes battles against entrenched state-owned monopolies in the more developed parts of the country. The story goes that Huawei couldn’t make inroads in established markets against state-owned competitors, so got started in benighted rural areas where the original leaders had to brainstorm what to do if rats ate the cables or rainstorms swept power stations away; this story is mobilized today to explain their work overseas.
Perhaps at one point, Huawei could have been just another boring corporation selling plastic objects to consumers across the developed world, but that time ended definitively with Western sanctions in 2019, effectively banning the company from doing business in the U.S. The sanctions didn’t kill Huawei, obviously, and they may have made it stronger. They certainly made it weirder, more militant and more focused on the markets largely scorned by the Ericssons and Nokias of the world. Huawei retrenched to its core strength: providing rural and remote areas with access to connectivity across difficult terrain with the intention that these networks will fuel telehealth and digital education and rapidly scale the heights of development.
Huawei used to do this with dial-up modems in China, but now it is building 5G networks across the Global South. The Chinese government is supportive of these efforts; Huawei’s HQ has a subway station named for the company, and in 2022 the government offered the company massive subsidies.
“For many countries in the Global South, the model of development exemplified by Shenzhen seems plausible and attainable.”
For years, the notion of an ideological struggle between the U.S. and China was dismissed; China is capitalist, they said. Just look at the Louis Vuitton bags. This misses a central truth of the economy of the 21st century. The means of production now are internet servers, which are used for digital communication, for data farms and blockchain, for AI and telehealth. Capitalists control the means of production in the United States, but the state controls the means of production in China. In the U.S. and countries that implicitly accept its tech dominance, private businesspeople dictate the rules of the internet, often to the displeasure of elected politicians who accuse them of rigging elections, fueling inequality or colluding with communists. The difference with China, in which the state has maintained clear regulatory control over the internet since the early days, couldn’t be clearer.
The capitalist system pursues frontier technologies and profits, but companies like Huawei pursue scalability to the forgotten people of the world. For better or worse, it’s San Francisco or Shenzhen. For many countries in the Global South, the model of development exemplified by Shenzhen seems more plausible and attainable. Nobody thinks they can replicate Silicon Valley, but many seem to think they can replicate Chinese infrastructure-driven middle-class consumerism.
As Deng Xiaoping said, it doesn’t matter if it is a black cat or a white cat, just get a cat that catches mice. Today, leaders of Global South countries complain about the ideological components of American aid; they just want a cat that can catch their mice. Chinese investment is blank — no ideological strings attached. But this begs the question: If China builds the future of Bangladesh, Indonesia, Pakistan and Laos, then is their future Chinese?
Telecommunications and 5G is at the heart of this because connectivity can enable rapid upgrades in health and education via digital technology such as telehealth, whereby people in remote villages are able to consult with doctors and hospitals in more developed regions. For example, Huawei has retrofitted Thailand’s biggest and oldest hospital with 5G to communicate with villages in Thailand’s poor interior — the sort of places a new Chinese high-speed train line could potentially provide links with the outside world — offering Thai villagers without the ability to travel into town the opportunity to get medical treatments and consultations remotely.
The IMF has proposed that Asia’s developing belt “should prioritize reforms that boost innovation and digitalization while accelerating the green energy transition,” but there is little detail about who exactly ought to be doing all of that building and connecting. In many cases and places, it’s Chinese infrastructure and companies like Huawei that are enabling Thai villagers to live as they do in Guizhou.
Chinese Style Modernization?
The People’s Republic of China is “infinitely stronger than the Soviet Union ever was,” the U.S. ambassador to China, Nicholas Burns, told Politico in April. This prowess “is based on the extraordinary strength of the Chinese economy — its science and technology research base, its innovative capacity and its ambitions in the Indo-Pacific to be the dominant power in the future.” This increasingly feels more like the official position of the U.S. government than a random comment.
Ten years ago, Xi Jinping proposed the notion of a “maritime Silk Road” to the Indonesian Parliament. Today, Indonesia is building an entirely new capital — Nusantara — for which China is providing “smart city” technologies. Indonesia has a complex history with ethnic Chinese merchants, who played an intermediary role between Indigenous people and Western colonists in the 19th century and have been seen as CCP proxies for the past half century or so. But the country is nevertheless moving decisively towards China’s pole, adopting Chinese developmental rhythms and using Chinese technology and infrastructure to unlock the door to the future. “The internet, roads, ports, logistics — most of these were built by Chinese companies,” observed a local scholar.
The months since the 20th Communist Party Congress have seen the introduction of what Chinese diplomats call “Chinese-style modernization,” a clunky slogan that can evoke the worst and most boring agitprop of the Soviet era. But the concept just means exporting Chinese bones to other social bodies around the world.
If every apartment decorated with IKEA furniture looks the same, prepare for every city in booming Asia to start looking like Shenzhen. If you like clean streets, bullet trains, public safety and fast Wi-Fi, this may not be a bad thing.
Chinese trade with Southeast Asia is roughly double that between China and the U.S., and Chinese technology infrastructure is spreading out from places like the “Huawei University” at Indonesia’s Bandung Institute of Technology, which plans to train 100,000 telecom engineers in the next five years. We’re about to see a generation of “barefoot doctors” throughout Southeast Asia traveling by moped across landscapes of underdevelopment connected to hubs of medical data built by Chinese companies with Chinese technology.
In 1955, the year of the Bandung Conference in Indonesia, the non-aligned world was almost entirely poor, cut off from the means of production in a world where nearly 50% of GDP globally was in the U.S. Today, the logic of that landmark conference is alive today in Chinese informal networks across the Global South, with the key difference that China can now offer these countries the possibility of building their own future without talking to anyone from the Global North.
Welcome to the Sinosphere, where the tides of Chinese development lap over its borders into the remote forests of tropical Asia, and beyond.
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Trump solicited about $1 billion from Big Oil at a fundraising conclave at Mar-a-Lago in return for future favorable treatment — if their filthy lucre helps him return to the Oval Office.
We lost four years fighting climate change during the previous Trump administration. A second term would do the planet grievous harm.
It's necessary to alert everybody concerned about the future of Earth of the danger of a second Trump presidency.
A new Washington Post report that Trump made explicit policy promises to a roomful of Big Oil executives—while urging them to raise $1 billion for his campaign—is a powerful story in part because it wrecks what’s left of that mystique. In case you didn’t already know this, it shows yet again that if Trump has employed that aforementioned knowledge of elite corruption and self-dealing to any ends in his public career, it’s chiefly to benefit himself. That counter narrative is a story that Democrats have a big opportunity to tell—if they seize on this news effectively. How might they do that? For starters, the revelations seem to cry out for more scrutiny from Congress. Democratic Senator Sheldon Whitehouse of Rhode Island, who has been presiding over hearings into the oil industry as chair of the Budget Committee, says it’s “highly likely” that the committee will examine the new revelations. [ ... ]
As the Post reports, an oil company executive at the gathering, held at Trump’s Mar-a-Lago resort last month, complained about environmental regulations under the Biden administration. Then this happened: Trump’s response stunned several of the executives in the room overlooking the ocean: You all are wealthy enough, he said, that you should raise $1 billion to return me to the White House. At the dinner, he vowed to immediately reverse dozens of President Biden’s environmental rules and policies and stop new ones from being enacted, according to people with knowledge of the meeting, who spoke on the condition of anonymity to describe a private conversation. Giving $1 billion would be a “deal,” Trump said, because of the taxation and regulation they would avoid thanks to him, according to the people. Obviously industries have long donated to politicians in both parties in hopes of governance that takes their interests into account, and they explicitly lobby for this as well. But in this case, Trump may have made detailed, concrete promises while simultaneously soliciting a precise amount in campaign contributions.
Just a mention that Tumblr formatting won't permit indentations inside indentations. As a substitute, I used red to depict double indentation.
Anyway...
For instance, the Post reports, Trump vowed to scrap Biden’s ban on permits for new liquefied natural gas exports “on the first day.” He also promised to overturn new tailpipe emission limits designed to encourage the transition to electric vehicles, and he dangled more leases for drilling in the Gulf of Mexico, “a priority that several of the executives raised.” “The phrase that instantly came to mind as I was reading the story was ‘quid pro quo,’” Whitehouse told me. He also pointed to a new Politico report that oil industry officials are drawing up executive orders for Trump to sign as president. “Put those things together and it starts to look mighty damn corrupt,” Whitehouse said.
Trump may just be a pile of orange flab with a porcine mouth and bad hair, but that doesn't mean he shouldn't be taken seriously. Among many other bad things, Trump is a figurehead for Big Oil. Oil companies are already busy composing executive orders for Trump to sign.
If elected, Trump would throw into reverse our transition to a decarbonized future, one that’s creating untold numbers of manufacturing jobs—including in the very places that Trump has attacked Democratic elites for supposedly abandoning—all in exchange for mega-checks from chortling fat cats right out of the most garish of Gilded Age cartoons. For good measure, some of that loot could help Trump secure elite impunity for his own corruption and alleged crimes. We can’t say we weren’t warned. Trump has told us all this himself.
Progressives toying with third party temptations need to be set right: The only way to defeat Donald Trump is to vote for Joe Biden.
There will NEVER be a President RFK Jr., a President Jill Stein, or a President Cornel West. Such vanity candidates are usually little more than eccentric freaks. The last time a non-Democrat or non-Republican was elected president was 1848. But with American democracy and the future of the planet at stake, self-indulgence at the ballot box this year could lead directly to dystopia.
#donald trump#climate change#the environment#mar-a-lago#carbon-palooza#big oil#campaign contributions from oil companies#quid pro quo#tax breaks for billionaires#republicans#second trump term#sheldon whitehouse#election 2024#third parties#vote blue no matter who
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