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☆ Yσɠƚԋσʂ ☆@lemmy.ml to Europe@lemmy.mlEnglish · 1 month ago

Brussels bars Chinese-made inverters in solar panels from EU funding

www.euractiv.com

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Brussels bars Chinese-made inverters in solar panels from EU funding

www.euractiv.com

☆ Yσɠƚԋσʂ ☆@lemmy.ml to Europe@lemmy.mlEnglish · 1 month ago
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Brussels bars Chinese-made ‘brains’ of solar panels from EU funding | Euractiv
www.euractiv.com
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Decision targeting EU banks managing bloc funds could have sweeping effects
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  • ☆ Yσɠƚԋσʂ ☆@lemmy.mlOP
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    1 month ago

    The EU cut itself off from Russian oil and gas. Industrial energy costs are already two to three times higher than its competition, and that’s even before the new shock with energy supply from the Middle-East being cut off. And their move is to deliberately raise the cost and slow down the rollout of Chinese solar, the cheapest and fastest-deploying form of electricity in the market, on the pretext it’s a security threat. You’d think the bigger security threat would be having your industrial base relocate to countries that didn’t voluntarily price themselves out of energy.

    • MattEagle [none/use name]@hexbear.net
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      1 month ago

      Don’t worry! That’s actually 100% A-Okay as long as the relocation isn’t in china

      • ☆ Yσɠƚԋσʂ ☆@lemmy.mlOP
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        1 month ago

        trust the plan

    • orc girly@lemmy.ml
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      1 month ago

      Is this just an extension of oligarchs prioritizing their portfolios in US stocks and the like or am I missing something

      • ☆ Yσɠƚԋσʂ ☆@lemmy.mlOP
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        1 month ago

        I can’t think of a better explanation

      • Soot [any]@hexbear.net
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        1 month ago

        Yep, simple fossil fuel (and other) lobbying so they can get more government money instead, no matter how less efficient.

      • TiredTiger@lemmy.ml
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        1 month ago

        This makes more sense than all that blathering about “security”.

  • HiddenLayer555@lemmy.ml
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    1 month ago

    Nothing like screwing over Europeans to own the Chinese. I’m sure Xi is devastated.

    • ☆ Yσɠƚԋσʂ ☆@lemmy.mlOP
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      1 month ago

      Chinese companies when they find out that Europe doesn’t want their solar panels

      https://ember-energy.org/latest-updates/chinese-solar-exports-double-in-a-month-to-hit-record-high-amid-energy-crisis/

  • Soot [any]@hexbear.net
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    1 month ago

    So we’re really gonna give up on this suddenly very successful renewable switch and instead kill humanity just to own the Chinese huh classic

    • ☆ Yσɠƚԋσʂ ☆@lemmy.mlOP
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      1 month ago

      otherwise daddy would get mad

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