• ☆ Yσɠƚԋσʂ ☆OP
    link
    fedilink
    arrow-up
    5
    ·
    3 years ago

    Yeah, that’s exactly what I think as well. China is the only major economy that’s actively transitioning off fossils right now.

      • ☆ Yσɠƚԋσʂ ☆OP
        link
        fedilink
        arrow-up
        4
        ·
        3 years ago

        Yeah, at some point everybody will be scrambling to get off fossils and China will be the only country that can actually produce clean energy tech at scale. China already accounts for vast majority of solar and nuclear tech. Shockingly, it turns out that planning for more than a couple of years in the future results in lots of advantages.

          • ☆ Yσɠƚԋσʂ ☆OP
            link
            fedilink
            arrow-up
            3
            ·
            3 years ago

            Parliamentary system plays a big role here by directly encouraging short term thinking. Since parties tend to stay in power for a handful of years, that becomes the political horizon for their projects. Nobody wants to start a project that another party might take credit for, and many times when new parties get in power they tend to change course. Couple that with a stock market driven economy where quarterly profits are the only consideration, and you have a solid system for ensuring that no long term planning happens.