“If we want more growth, we need to allow creative destruction so new companies can deliver the productivity we need.”
Octopus energy ceo greg jackson
“If we want more growth, we need to allow creative destruction so new companies can deliver the productivity we need.”
Octopus energy ceo greg jackson
They also are using a ton of coal and oil to recharge them.
They get away with looking better on per capita CO2 production because they have such a huge population, but it’s not all solar panels and rainbows there by any means.
Their electrical grid is old and can’t handle the crazy amount of solar energy they’re producing. So they need to run coal plants to keep providing power.
Even then EVs are better because they’re more efficient (requiring less fossil fuels per unit distance), but also almost half of China’s energy comes from green energy. Taken together this is objectively good.