Helping the enemy!
China is profiting nicely from the West’s maniacal obsession with subsidised wind and solar – it dominates the global market for solar panels, with plenty of unwilling assistance from its captive Uighur ethnic minority; and has picked up a solid share of the wind turbine market, thanks to cheap and reliable nuclear and coal-fired power.
Europe’s turbine makers can’t compete, ironically, because Europe’s wind and solar ‘transition’ has driven power prices into orbit.
With Joe Biden in the White House, the CCP must be delighted. America already squanders billions on subsidies to wind and solar; Sleepy Joe has amped up things up with another lazy US$100 billion in taxpayer largess.
Where the bulk of that money is headed is no mystery, as Setton Motley reports below.
Most US ‘Green Energy’ Subsidies – Go to Communist China
Wind Task Force
Setton Motley
28 August 2022
One of the very…
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