> The biggest polysilicon producers right now can go head-to-head with some of the biggest oil companies such as BP, Eni and ConocoPhillips — and panel makers aren’t far behind. Should Tongwei go ahead with plans announced in December to build a 400,000 ton polysilicon plant in Inner Mongolia, nearly doubling its current output, it might overtake even ExxonMobil:
> Right now, seven Chinese companies have a bigger stake in the power source of the 21st century than the Seven Sisters of oil that dominated the 20th. If you want to understand the roots of the geopolitical angst driving Washington’s crackdown on China’s clean technology, it’s impossible to ignore that fact.
Economy-Fee5830 on
I believe one important point to make is that we are dependent on the oil companies – if they cut off supply we are in major trouble.
However when we use renewables we buy the tools to make energy, not the energy itself, and that is a one-time transaction which leaves us free and independent in the future.
It is the ultimate example of teaching a person to fish instead of giving them the fish.
Renewables lead to energy independence, no matter what the source of the turbines or panels are.
bdanseur on
Extremely misleading. This is saying 7 Chinese solar companies are producing more **electricity** than the big oil companies that are not in the business of producing electricity. This is NOT saying the solar companies are producing more **energy**. This is like saying Ronaldo sucks because he has fewer 2 pointers than the worst NBA basketball player.
For context, electric consumption in the US accounts for 20% of total Energy consumption. 5% of that electric energy comes from solar, which means 1% of energy consumed in the United States comes from solar energy.
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> The biggest polysilicon producers right now can go head-to-head with some of the biggest oil companies such as BP, Eni and ConocoPhillips — and panel makers aren’t far behind. Should Tongwei go ahead with plans announced in December to build a 400,000 ton polysilicon plant in Inner Mongolia, nearly doubling its current output, it might overtake even ExxonMobil:
> Right now, seven Chinese companies have a bigger stake in the power source of the 21st century than the Seven Sisters of oil that dominated the 20th. If you want to understand the roots of the geopolitical angst driving Washington’s crackdown on China’s clean technology, it’s impossible to ignore that fact.
I believe one important point to make is that we are dependent on the oil companies – if they cut off supply we are in major trouble.
However when we use renewables we buy the tools to make energy, not the energy itself, and that is a one-time transaction which leaves us free and independent in the future.
It is the ultimate example of teaching a person to fish instead of giving them the fish.
Renewables lead to energy independence, no matter what the source of the turbines or panels are.
Extremely misleading. This is saying 7 Chinese solar companies are producing more **electricity** than the big oil companies that are not in the business of producing electricity. This is NOT saying the solar companies are producing more **energy**. This is like saying Ronaldo sucks because he has fewer 2 pointers than the worst NBA basketball player.
For context, electric consumption in the US accounts for 20% of total Energy consumption. 5% of that electric energy comes from solar, which means 1% of energy consumed in the United States comes from solar energy.