Janet Yellen, the US Treasury Secretary, has urged the EU to urgently intervene to curb growing levels of cut-price Chinese green technology exports, including solar panels and wind turbines, pushing EU leaders to take action in a full-scale trade war.
Here is the complete story. And from the FT two days ago: “A number of large European electricity companies have lowered or are in the process of revising their renewable energy development targets due to high costs…” Where is the national security argument still? The biggest risk is that China stops sending future wind turbines to Germany? Anyway, what is somehow China’s responsibility? And according to GPT-4o, these turbines have an average lifespan of 20 to 25 years? Come on people, we’re not stupid…
