[[{“value”:”Janet Yellen, the US treasury secretary, has urged the EU to intervene urgently to dampen the growing export levels of Chinese cut-price green technology including solar panels and wind turbines, pushing European leaders to move to a full-scale trade war. Here is the full story. And from the FT two days ago: “A number of
The post What exactly is the national security argument here? appeared first on Marginal REVOLUTION.”}]]
Janet Yellen, the US treasury secretary, has urged the EU to intervene urgently to dampen the growing export levels of Chinese cut-price green technology including solar panels and wind turbines, pushing European leaders to move to a full-scale trade war.
Here is the full story. And from the FT two days ago: “A number of major European power companies have scaled back or are reviewing their targets to develop renewable energy because of high costs…” Where again is the net national security argument? The biggest risk is that China will stop sending future wind turbines to Germany? Which is somewhat in China’s lap in any case? And according to GPT-4o those turbines have an average life of 20-25 years? C’mon people, we are not stupid…
The post What exactly is the national security argument here? appeared first on Marginal REVOLUTION.
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