A group of Western VCs goes to China, not to invest but to see what the competition is like. They realize that China is too far ahead on clean tech and decide the only way forward is to work with Chinese companies.
One VC describing a visit to Chinese battery giant CATL:
Moving a EU joint battalion to Greenland and instruct it to fight to the death would be neither feasible nor humane. It wouldn’t work as a deterrent either as Trump would have no problem killing 500 EU troops. So we need more practical and reasonable ideas:
$100m of solar panels saves a country 30 years of gas imports at 2024 prices for the same 1.5TWh of electricity generated
That's a $3b saving in gas imports for each $100m of solar deployed
Another one of my charts of the year
"This in China isn’t just “demand destruction”
Structural shift w/ far deeper implications for global energy market
Numbers almost unfair
🇨🇳#fleet running these mixers pocketing 3× diesel-level savings—& that’s only the teaser trailer for horror movie now playing in oil-market"
Because Maduro is so unpopular in Venezuela, he has long relied on Cuban security forces and intelligence agents to maintain power and suppress any potential revolt including from Venezuelan forces. He pays for these repressive services with oil. https://t.co/r9bW12l1Gp
I'm told that since 5% of people ride bicycles, we can't do anything for them. 🤷♂️
...and...
I'm told 5% of people drive electric cars, so we should plan a national charging network. 🤔
Stunning EV progress in so many countries. October 2025 share of new car sales, selected countries:
1 Norway 97.4%
2 Nepal 76% (trend)
3 Denmark 73.4% (September)
4 Ethiopia 60% (trend)
5 China 58.7% (NEVs)
6 Albania 57%
7 Netherlands 40.2%
8 Belgium 36.4%
9 Sweden 36.2% (65.7% including PHEVs)
10 Costa Rica 25.6%
11 UK 25.4%
12 Thailand 24.6% (September)
13 France 24.4%
14 Germany 21%
Notes:
>So many said (and continue to say) it's not going to happen
>EV share was pretty close to zero 6 years ago
Google getting to AGI first because you actually need to know linear algebra as a prerequisite to get a job @ DeepMind instead of being an anime pfp account posting on TPOT was in hindsight —
very obvious.
The notion that AGI would have infinite returns has been used to justify investment far above expected returns (by 10x-100x) for technology that is neither AGI nor on the path to AGI