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by softwaredoug
308 days ago
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The real story is the US ceding economic leadership in emerging markets like green energy, and instead encouraging its energy and automobile companies to pursue strategies not actually aligned with long term growth. Even in the US the vast majority of new power generation is clean energy. EVs and Hybrids are about 20% of new car sales and climbing. Even if there’s a short term road bump with oBBB, battery innovation and costs continue to drive cost down. The US economy will suffer by not trying to compete in these markets, and will need to depend on other economies more and more. |
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