Worse, their Chairman has said China is going to win. Well of course they are. China has several hundred coal-fired power plants under construction. Energy is life for an economy and the Chinese not only understand this they won't compromise it for other, non-economic reasons.
China's residential power rate runs around 8 cents/kWh, compared with 17 cents/kWh in the United States -- more than double. There is no state in the union that has a lower state-average rate than China has on a national basis.
You won't win a power-hungry economic contest when your price for power is double your competitor's.....
....Whether that has indeed been intentional or not (you be the judge) the outcome is the same; we (and Europe as well) are crippled in this regard and there is Whether that has indeed been intentional or not (you be the judge) the outcome is the same; we (and Europe as well) are crippled in this regard and there is no short-term way to address it, therefore we will lose and it is by our own hand and acts that we will lose. We not only bulldozed all the older (cheaper to operate) coal-fired power plants we have utterly failed to address a long-term energy strategy that is durable, reliable and inexpensive -- such as this suggestion.
All you need to do is look here to find the reality: The more "green" mandates you have in a given state the higher the price. China has been happy to sell us the rope by which we (and Europe) have hung ourselves in that regard.
There is no "fast" solution to this; even with a Manhattan-style project it would be a decade or more to catch up -- and that's if we prohibited all manner of "lawfare" in attempting to stop it; without doing so it will be several decades, if ever. If you think we can "beat" China in "AI" when we can't beat them on power production cost you're dead-flat wrong. and it is by our own hand and acts that we will lose. We not only bulldozed all the older (cheaper to operate) coal-fired power plants we have utterly failed to address a long-term energy strategy that is durable, reliable and inexpensive -- such as this suggestion. All you need to do is look here to find the reality: The more "green" mandates you have in a given state the higher the price. China has been happy to sell us the rope by which we (and Europe) have hung ourselves in that regard.
There is no "fast" solution to this; even with a Manhattan-style project it would be a decade or more to catch up -- and that's if we prohibited all manner of "lawfare" in attempting to stop it; without doing so it will be several decades, if ever. If you think we can "beat" China in "AI" when we can't beat them on power production cost you're dead-flat wrong.
