The fossil premium being a relic of the past is a pretty obvious sign that the industry is moving towards cleaner energy sources
. I mean, BYD has already made electric cars more affordable and it's not like Tesla is just going to swoop back in and be all, "Hey, we're cheaper than ever!"
. It's about time North America and Europe caught up with China on this front.
I'm also loving the idea of investing $2.2 trillion into clean energy by 2025 – that's some serious cash
. The question is, how are investors going to navigate the whole near-term vs long-term thing? It can't be an easy balancing act, but if they get it right, the rewards will be huge
.
The IEA's numbers on renewable energy being more cost-effective than fossil fuels are pretty compelling
. And with China having such a stranglehold on global clean energy production, it's clear that the West needs to step up its game ASAP
. Imagine if we could get BYD into Canada and start churning out affordable electric trucks – it'd be a game-changer
.
The real challenge here is embracing the future of clean energy and AI-driven innovation
. It's not just about transitioning away from fossil fuels, but also about automating the entire value chain and getting those productivity boosters
. Western companies need to step up their game and catch up with China – or risk being left behind
.
I'm also loving the idea of investing $2.2 trillion into clean energy by 2025 – that's some serious cash
The IEA's numbers on renewable energy being more cost-effective than fossil fuels are pretty compelling
The real challenge here is embracing the future of clean energy and AI-driven innovation