China develops the electro stat, the US the petro state. We all know who is winning.
China now generates 45% more electricity than the US and EU combined.
When the world is facing the warmest temperatures in modern times and forest fires are devastating in Europe and America and the closure of the Strait of Hormuz puts energy security front and center - China is the future, the US is the past.
Fortunately the US historically has shown a remarkable ability to course correct when heading the wrong way. I am confident we will see the US bouncing back
China and the US use electricity very differently. The US consumes most of its electricity in the residential and commercial sectors, while China uses much more for industry. China's industrial electricity use is now higher than the US even on a per-person basis.
Electricity output is a fairly good proxy for industrial capacity.
This put China ahead in the race for leadership in AI, advanced manufacturing, robotics and everything that depends on access to abundant electricity.
Дараагийн ээлжний дизель түлш ачсан 37 вагон (ойролцоогоор 2200 тонн түлш) өнөөдөр БНХАУ-ын Эрээн хотоос хөдөлж, Монгол Улсын Замын-Үүдэд хүрэлцэн ирлээ. Мөн онгоцны түлшний шинэ ээлжийн тээвэрлэлт эхэлсэн замдаа явж байгаа бөгөөд удахгүй ирэхээр байна.🛢
Aother batch of 37 diesel tanks (about 2,200 tons) departed from Erenhot, #China and arrived in Zamyn-Uud, #Mongolia today, with a new batch of aviation fuel is also en route and will arrive soon.🛢