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  • Globalisation has failed the West

    Davos discussion.

  • #2
    Re: Globalisation has failed the West

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    • #3
      Re: Globalisation has failed the West

      Here's Carney with the other side of the coin.

      Comment


      • #4
        Re: Globalisation has failed the West

        "Why would Europe agree to be net zero in 2030 when they don't make a battery? They don't make a battery. So if they go 2030, they are deciding to be subservient to China who makes the batteries. Why would you do that?"

        Good question.

        Comment


        • #5
          Re: Globalisation has failed the West

          Originally posted by Wales-Bales View Post
          "Why would Europe agree to be net zero in 2030 when they don't make a battery? They don't make a battery. So if they go 2030, they are deciding to be subservient to China who makes the batteries. Why would you do that?"

          Good question.
          Why is it a good question? Are you claiming the central assertion is correct? China currently produces about 75% of all EV batteries (a significant part of the picture but far from the whole picture) but other countries (and the EU) are working towards alternative supply and domestic manufacture as part of their Net Zero strategies.

          My mate Al says:

          Yes, Europeans are actively working to make battery production net-zero through major initiatives like the EU's Net-Zero Industry Act (NZIA) and Critical Raw Materials Act (CRMA), aiming to build a complete, sustainable, and localized supply chain with green energy, recycling, and ethical sourcing, though challenges remain in full self-sufficiency for raw materials. The EU is investing heavily in gigafactories, supporting innovation, and setting targets for significant domestic capacity by 2030, ensuring battery manufacturing aligns with Europe's climate goals.

          You really should learn to apply some critical thinking to Trump's word porridge.

          Maybe triangulate a bit? Try having a look at some other sources of information and don't just gaze admiringly at Truth Social posts. Just trying to help. :thumbup:

          Comment


          • #6
            Re: Globalisation has failed the West

            Originally posted by jon1959 View Post
            Why is it a good question? Are you claiming the central assertion is correct? China currently produces about 75% of all EV batteries (a significant part of the picture but far from the whole picture) but other countries (and the EU) are working towards alternative supply and domestic manufacture as part of their Net Zero strategies.

            My mate Al says:

            Yes, Europeans are actively working to make battery production net-zero through major initiatives like the EU's Net-Zero Industry Act (NZIA) and Critical Raw Materials Act (CRMA), aiming to build a complete, sustainable, and localized supply chain with green energy, recycling, and ethical sourcing, though challenges remain in full self-sufficiency for raw materials. The EU is investing heavily in gigafactories, supporting innovation, and setting targets for significant domestic capacity by 2030, ensuring battery manufacturing aligns with Europe's climate goals.

            You really should learn to apply some critical thinking to Trump's word porridge.

            Maybe triangulate a bit? Try having a look at some other sources of information and don't just gaze admiringly at Truth Social posts. Just trying to help. :thumbup:
            So Plan B is rearranging the deckchairs on the Titanic? No wonder the countryis fcuk'd.

            Comment


            • #7
              Re: Globalisation has failed the West

              Originally posted by Wales-Bales View Post
              So Plan B is rearranging the deckchairs on the Titanic? No wonder the countryis fcuk'd.
              You are like a bucket of eels!

              FWIW it looks like Plan A is to increase battery manufacture capacity and diversify the supply chain so that the world is not as reliant as now on China. A plan is not an achievement - but the intention is clear and has been for years.

              When Donald Trump talks shite (all the time) there is often a nugget of truth hidden in there somewhere - but it is still shite. And you can still be relied on to echo and amplify it.

              Comment


              • #8
                Re: Globalisation has failed the West

                Originally posted by jon1959 View Post
                You are like a bucket of eels!

                FWIW it looks like Plan A is to increase battery manufacture capacity and diversify the supply chain so that the world is not as reliant as now on China. A plan is not an achievement - but the intention is clear and has been for years.

                When Donald Trump talks shite (all the time) there is often a nugget of truth hidden in there somewhere - but it is still shite. And you can still be relied on to echo and amplify it.
                Drill baby drill!

                Comment


                • #9
                  Re: Globalisation has failed the West

                  Originally posted by jon1959 View Post
                  You are like a bucket of eels!

                  FWIW it looks like Plan A is to increase battery manufacture capacity and diversify the supply chain so that the world is not as reliant as now on China. A plan is not an achievement - but the intention is clear and has been for years.

                  When Donald Trump talks shite (all the time) there is often a nugget of truth hidden in there somewhere - but it is still shite. And you can still be relied on to echo and amplify it.
                  Gluey's inane reposting of an obvious falsity came from Lutnick, the Trade Secretary he bowed down to in the original post not Trump this time. Trump was too busy following a similar path by saying there are no wind turbines in China. Equally ludicrous.

                  Under this US administration it has gone all in on seeing fossil fuels as its future, either increasing its own production or plundering other people's resources. Little wonder that they are disparaging efforts elsewhere to diversify. It was not so long ago that the criticism was that Europe was too dependant upon fossil fuels, at least when Russia was supplying them.

                  It is no coincidence that some of the Trump and Republican mega-doners are from the energy sector so doing every thing to disparage lower carbon initiatives keeps the greenbacks and bitcoins flowing into the Mar A Largo coffers.

                  Comment


                  • #10
                    Re: Globalisation has failed the West

                    Originally posted by cyril evans awaydays View Post
                    Gluey's inane reposting of an obvious falsity came from Lutnick, the Trade Secretary he bowed down to in the original post not Trump this time. Trump was too busy following a similar path by saying there are no wind turbines in China. Equally ludicrous.

                    Under this US administration it has gone all in on seeing fossil fuels as its future, either increasing its own production or plundering other people's resources. Little wonder that they are disparaging efforts elsewhere to diversify. It was not so long ago that the criticism was that Europe was too dependant upon fossil fuels, at least when Russia was supplying them.

                    It is no coincidence that some of the Trump and Republican mega-doners are from the energy sector so doing every thing to disparage lower carbon initiatives keeps the greenbacks and bitcoins flowing into the Mar A Largo coffers.
                    Take the red pill bro ...

                    Comment


                    • #11
                      Re: Globalisation has failed the West

                      Originally posted by cyril evans awaydays View Post
                      Gluey's inane reposting of an obvious falsity came from Lutnick, the Trade Secretary he bowed down to in the original post not Trump this time. Trump was too busy following a similar path by saying there are no wind turbines in China. Equally ludicrous.

                      Under this US administration it has gone all in on seeing fossil fuels as its future, either increasing its own production or plundering other people's resources. Little wonder that they are disparaging efforts elsewhere to diversify. It was not so long ago that the criticism was that Europe was too dependant upon fossil fuels, at least when Russia was supplying them.

                      It is no coincidence that some of the Trump and Republican mega-doners are from the energy sector so doing every thing to disparage lower carbon initiatives keeps the greenbacks and bitcoins flowing into the Mar A Largo coffers.
                      Thanks for the correction, Cyril.

                      Lutnick then - Trump clone. He has got European and Canadian trade deals in his cross hairs this week. Doesn't do the Xi admiration in the way that Trump does, but matches him for abuse of friends and neighbours!

                      Although most of Gluey's cryptic smugness has its roots more in Miller and Vance than the orange baby or his trade secretary.

                      Some significant walk outs during Lutnick's 'speech' yesterday. Shame Trump got more deference.

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                      • #12
                        Re: Globalisation has failed the West

                        Originally posted by jon1959 View Post
                        Some significant walk outs during Lutnick's 'speech' yesterday. Shame Trump got more deference.
                        I'd walk out too if he hit me on the head with a sledgehammer!

                        Comment


                        • #13
                          Re: Globalisation has failed the West

                          It's like 1812 all over again....

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