China’s Climate Goals Hinge on a $440B Nuclear Buildout
bloomberg.com
bloomberg.com
It's interesting to me how points which for a long time were the propaganda of dictators (Mussolini made the trains run on time, it was said; I expect the British Monarchy had similar responses to American democracy), have now seeped into assumptions of in the dialog in free societies. The most cursory glance at the evidence shows that democratic governments accomplish far more - just look at the states of their countries.
The CCP / Chinese government also has budget constraints; not recognizing them isn't an advantage. Public opinion is a good thing; it's the foundation of democracy; it ensures the government doesn't build glorious monuments to itself which practically have very low ROI; it's government by the people and for the people. Having to find solutions that meet the approval of a wide segment of the public is a system that delivers to that public, rather than to some self-important elite. (Yes, democracy is imperfect.)
So, China is spending hundreds of billions of dollars to build new nuclear reactors, and the US is not. The last nuclear reactor built in the us was decades ago. Old reactors, for all their time tested trustworthiness, use obsolete technology. China wins.
China is also building thorium reactors. The US is not. China wins.
BTW, your namesake has a very different way of looking at the world.
https://edition.cnn.com/2021/06/30/economy/china-power-short...