According to economist Paul Krugman, China now produces more than double the electricity of the United States, and its economy is significantly larger in real terms when measured by purchasing power parity. This suggests a considerable shift in global economic power. Krugman even suggests that by 2028, America will have fallen so far behind China that catching up will be difficult.
The article highlights concerns that the Trump administration's policies have hindered renewable energy development in the US. Specific examples cited include rolling back tax incentives for renewables, attempting to halt offshore wind farm projects, cancelling grants for residential solar panels and clean energy initiatives, and expressing scepticism about the reliability of solar power. These actions are seen as potentially detrimental to America's ability to compete with China in the clean energy sector and overall economic growth.
In contrast to the perceived slowdown in US renewable energy development, the article mentions California's successful integration of solar power into its grid through battery storage technology, demonstrating the viability of renewable energy sources. The decline in Republican support for higher education and attacks on vaccines and research also raise concerns about long-term competitiveness. All these factors contribute to the argument that China may be on track to surpass America economically and technologically.
Fuente Original: https://news.slashdot.org/story/25/10/16/1656206/china-has-overtaken-america?utm_source=rss1.0mainlinkanon&utm_medium=feed
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