“China as a whole is exporting, on a monthly basis, more clean energy technologies than the US as a whole exported natural gas, in the form of liquified natural gas, to the world in 2024.” – Akshat Rathi PhD
As I pointed out in a recent post, the Trump strategy to go all in on LNG and fossil fuels is headed over a cliff.
More confirmation here.
Ashcan Rathi in Bloomberg:
There’s a battle underway to win the energy export market between the world’s two largest economies: the United States wants the world to buy its fossil fuels, while China wants to sell the world its clean energy technologies.
For now, there is a clear winner: China.
The country’s exports of electric vehicles, solar panels, batteries and other carbon-cutting technology has been climbing for years. Exports hit a record in August, with US$20bil in products shipped globally, according to a new report from the think tank Ember.
“China reached a record value in cleantech exports even as technology prices have fallen sharply,” said Euan Graham, a data analyst for Ember.
The United States, which has positioned itself as a major fossil fuel exporter, sold US$80bil in oil and gas abroad through July, the last month with data available. China exported US$120bil in green technology over the same period.
That’s a continuation of a trend. The United States hit a record in oil exports in 2024, according to the Energy Information Administration. Yet, China’s clean technology exports were US$30bil higher.
Dollars only tell part of the story. The price of solar panels is falling, which means that China is exporting more of them per dollar earned. August’s solar export revenue was nowhere near the high set in March 2023, but the 46,000MW of power capacity shipped abroad set a record.
Continue reading “More Evidence: Trump’s Fossil Strategy Plunging Over a Cliff”




