51
China has flooded the market with so many solar panels that people are using them as garden fencing
(www.businessinsider.com)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 04 Apr 2024
51 points (100.0% liked)
Technology
1387 readers
136 users here now
Which posts fit here?
Anything that is at least tangentially connected to the technology, social media platforms, informational technologies and tech policy.
Rules
1. English only
Title and associated content has to be in English.
2. Use original link
Post URL should be the original link to the article (even if paywalled) and archived copies left in the body. It allows avoiding duplicate posts when cross-posting.
3. Respectful communication
All communication has to be respectful of differing opinions, viewpoints, and experiences.
4. Inclusivity
Everyone is welcome here regardless of age, body size, visible or invisible disability, ethnicity, sex characteristics, gender identity and expression, education, socio-economic status, nationality, personal appearance, race, caste, color, religion, or sexual identity and orientation.
5. Ad hominem attacks
Any kind of personal attacks are expressly forbidden. If you can't argue your position without attacking a person's character, you already lost the argument.
6. Off-topic tangents
Stay on topic. Keep it relevant.
7. Instance rules may apply
If something is not covered by community rules, but are against lemmy.zip instance rules, they will be enforced.
Companion communities
!globalnews@lemmy.zip
!interestingshare@lemmy.zip
Icon attribution | Banner attribution
founded 1 year ago
MODERATORS
Part of this is done to kill the US manufacturing sector.
Edit:
My point stands. China has been subsidizing their solar industry with massive amounts of government money for over a decade to dominate market share and keep others out. To be fair, the US punishes China by prohibiting the highest end technology from going to China. This is mirrored in various other industries as well.
"There have been two main reasons for First Solar’s decline. Besides slowdown in Europe, the main reason is the large subsidy the government of China provides to its solar manufacturers. By some estimates, China gave $30 billion to solar manufacturers last year and now China dominates the solar industry with names like Yingli Green Energy, Suntech Power, Trina Solar and LDK Solar."
https://www.forbes.com/sites/greatspeculations/2011/10/25/china-almost-kills-premier-u-s-solar-company/?sh=297c47996e9d
It's about utelising supply and demand.
Problem: China needs a lot of solar panels, quickly... and making many things is comparatively cheaper than producing a few things, per unit of course...
Solution: set up the infrastructure, produce a shit ton of solar panels and sell the excess on foreign markets to make up the difference.
You save a ton of money and give your own companies and infrastructure a chance to easily implement them. This is important, as China has had industrial smog problems in it's manufacturing hubs.
This is something China can do, but the USA can't do because it's not government cheese or soda... for some reason.
It's because the companies own the government in the US.
Plus the more other counties use solar and not fossil fuels the more likely we are planet won't boil. I know people like to pretend they're ontological evil but actualy even the ccp don't want everyone to die
Is it? I get that China is "the bad guy", but does that automatically mean everything China does is intended to hurt the US? Or did they just want to help themselves? Just because the US wasn't in a position to handle it happening, doesn't retroactively make it an intentional attack.
The whole point of mass producing something is to make the process more efficient, which lowers the cost. They also hurt themselves if they accidentally end up oversupplying in the process, as then the price is lowered by a higher ratio than their savings on manufacturing costs.
oye, if America does it, it's opportunity, if anyone else does it it's unfair attacks on America's freedoms. Everyone knows only america is allowed to take profit from capitalism, the rest is just unfair competition.
I've heard China is moving idle construction workers into solar production. LOL, they certainly don't need to build more houses.
It's funny how I read so much about housing crisis and climate change and everything else then China does what everyone thinks government should do and they're the bad guy
Lol, like the US is focused on solar.
Good