Is the US losing its competitive advantage in energy?
Is the US losing its competitive advantage in energy?
I feel like every other day I see news about some break through or other in solar/wind/hydro or in battery technology.
We know China has been building solar infrastructure like crazy. And Europe is also heavily investing in this.
Also we see all the advances in Fusion and new ways to achieve it.
I can't help but feel like the world is very close to an "energy revolution" and burning fuels for energy is going to be obsolete very soon. (decades)
The US and Russia and India seem to be countries that don't give a shit about this (Maybe I'm wrong about India)
When the industrial revolution came about, the countries that couldn't or wouldn't adopt the new ways of manufacturing were very quickly left behind.
Is this going to happen to the US and other countries that aren't embracing new types of energy in the coming decades?
“Losing?” No.
“Throwing away any chance of?” Yes.