In fact, the Chinese coal lobby is partially responsible for the push for electric trucks. The alternatives are diesel and LNG - both competitors to coal.
381 karma · joined March 7, 2021
In fact, the Chinese coal lobby is partially responsible for the push for electric trucks. The alternatives are diesel and LNG - both competitors to coal.
Moreover, it takes a lot of oil to refine and transport oil. If there's no demand for road transport, then the corresponding demand for refining and transport will disappear as well.
Finally, coal is already replacing oil in the chemical industry. Not because it's cleaner, but because it's cheaper and more available.
Now you will have the AI lobby pushing against EVs (so that oil drilling can create gas as a byproduct), as if it wasn't already an uphill battle in the US...
Regarding EVs, the US started to fall behind in 2019, and the gap has only continued to widen, regardless of administration:
https://ourworldindata.org/grapher/electric-car-sales-share?...
Electric buses should be a no-brainer, yet New York comes last among US states in a recent market survey:
https://theicct.org/publication/zero-emission-bus-and-truck-...
A more economical way would be to build nuclear power plants that power electrolyzers most of the time and provide power to the grid when necessary.
In the US, gas power plants make more sense due to ridiculously cheap gas, but even then the capacity factor of those power plants is much higher than 10%.
We're currently seeing a bifurcation where Asia bets on anything but oil and gas while the US goes in the opposite direction. Note that anything but oil and gas includes coal, so this isn't about the environment.
It's also funny how air conditioning powered by electricity is discouraged, while air conditioning in ICE cars or gas heating in buildings are at the very least tolerated. It's crazy if you think about it.
https://www.ffe.de/en/publications/merit-order-shifts-and-th...
China is laughing at the prices Europe agreed to buy Russian gas for:
https://asiatimes.com/2026/07/power-of-siberia-2-deadlock-cr...
I get the idea that Germany would buy Russian gas in exchange for not having to spend on the military, but 2014 clearly showed that it didn't work. And Germany still doubled down on gas after 2022.
Now the argument seems to be that Germany will buy American gas so that it can get lower tariffs.
I don't see how Germany can compete with a China that refuses to reject the cheapest forms of energy, whatever that is (both nuclear and coal are cheaper than imported gas).
https://www.ffe.de/en/publications/merit-order-shifts-and-th...
Hungary still uses it, and it's not helping (aside from potential kickbacks):
https://www.energy-charts.info/charts/price_average_map/char...
China also stopped importing electricity from Russia since it couldn't compete with China's own coal, renewables and nuclear.
The truth is that Germany was bound to struggle as it decided to phase out nuclear and coal but keep gas.
https://www.ffe.de/en/publications/merit-order-shifts-and-th...
The US is an anomaly due to shale gas:
https://energyathaas.wordpress.com/2026/05/11/how-much-has-s...
https://euperspectives.eu/2026/02/digital-euro-timeline-at-r...
>Private banks are resistant to a digital euro both as a payment method and a store of value. The digital euro is designed to be a free, public payment method, directly challenging fee-based systems operated by banks. This is its key usefulness in terms of sovereignty. But it could also be used as a digital wallet and users may move their money out of private bank accounts to central bank-backed digital euro wallets meaning banks lose out.
So far they have successfully delayed any implementation.
It's easy to blame Visa and Mastercard, but the reason why the EU doesn't have this is that the EPP (the largest political group in the European Parliament) answers to European banks, which don't want it.
Usually these systems raise their fees after being established, sometimes even higher than Visa/Mastercard.
Brazil's Pix is something else. It wasn't created by private entities to make money.
If the e-krona happens, that would be a better comparison.
https://www.electrive.com/2026/01/23/year-end-surge-electric...
https://www.electrive.com/2026/01/23/year-end-surge-electric...
Once you go battery electric, you never go back. It's the most efficient way to move vehicles.
https://www.electrive.com/2026/01/23/year-end-surge-electric...
Meanwhile, hydrogen trucks are nowhere to be found...
https://ourworldindata.org/grapher/energy-consumption-by-sou...
I highly doubt that hydrogen heating was ever considered. It's usually pushed by the gas lobby (since most hydrogen comes from gas), and Sweden doesn't have a strong gas lobby.