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[-] SouffleHuman@lemmy.ml 28 points 3 months ago* (last edited 3 months ago)

This chart really shows the stark difference between the two countries, which is to be expected, as neoclassical economics treats energy as an intermediate good, rather than as the foundation of basically every economic sector today.

Everything needs energy, and you can't just substitute it with something else. China recognizes this, and is expanding renewable energy production faster than the rest of the world combined. I suspect this blind spot will haunt the US for decades to come as their industries become increasingly noncompetitive due to high energy prices.

[-] Assian_Candor@hexbear.net 23 points 3 months ago

We're putting all our eggs in the AI basket.

Good thing it doesn't require cheap energy

this post was submitted on 17 Oct 2025
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