this post was submitted on 06 Nov 2024
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Well they'll try. Unfortunately for oil and coal companies, China exists.
Chinese policy doesn't give a shit about climate change. In fact, Xi is banking on a Northern passageway to Europe permanently unthawing to avoid the partly US-controlled South China Sea.
Xi cares about staying in power until he drops in the 2030s, for that he neess to keep the country stable and the people quiet. So what he really wants is industrial power and rising welfare. He's found that one of the best ways to gain an edge that is to spur useful innovation that wealthier nations will want to adopt.
What this means is that we'll see a lot of climate-friendly technology coming out of China, but the country may not care much about cleaning up its footprint.
Even if you are right I'll take doing the right thing for the wrong reasons over the fucking disappointment and self destruction coming from the United States.
Doesn't matter how you spin it, China is objectively better for the world right now.
You can feel morally superior all the way to societal collapse
You're right in that the whole drill-baby-drill thing is utter self-destruction which may still work passably over the course of the next four years but not beyond. The IRA right now is solid industrial policy and I wish us Europeans were competing. (Wild guess though, the repeal of the IRA will go much like the repeal of the ACA last time around.)
However, my point is that China is in a phase where it's doing more with more, and its motivation is such that that will stay that way. The only reason Chinese emissions are stagnating right now is that their economy is faltering. At this point, the Jevons paradox is simply eating their renewable power/electric car/... gains. Granted, that is preferable to them continuing to buy ever more fossil-fueled cars.
The motivation for producing this technology will, to a degree, determine the outcome: Solar panels off Temu, delivered to your doorstep using a fossil-fueled plane are a thing that exists.
What happens when the importing blocs (US and EU) rethink their climate policy (because right-wing morons think that's a good idea)? Chinese products will adapt quickly.