381 karma · joined March 7, 2021
The closest EU equivalent would probably be the planned digital euro, but the banks are fighting tooth and nail to prevent that.
That's still an improvement for both global and local emissions.
https://www.catl.com/en/news/6401.html
That's mainly for EVs though.
China primarily wants to cut oil and gas imports. Exports are a bonus.
However, it's true that places with low heat pump adoption tend to have few ACs. For example, ACs are rarer in Germany than in Norway, despite Germany being warmer.
https://www.theguardian.com/business/2025/apr/20/why-the-uks...
https://www.bloomberg.com/news/articles/2024-10-16/apple-sec...
>Today, BYD’s entire car lineup is powered by the Blade system, which uses a battery pack design that people involved in its development say was informed by lessons from the Apple work.
Sweden is actually in a pickle here. The dominant but private BankID doesn't satisfy all security requirements for the EU's digital identity wallet. It just isn't profitable.
The government is now working on a public government eID with a higher security standard, but many Swedes might still be left out since adoption will take some time.
This is one of many reasons why eIDs shouldn't be run by for-profits corporations, and sadly nothing would likely have happened without pressure from the EU.
Both Swish and BankID have fees. After all, they're run by for-profit corporations.
Those apps also reduce competition in the banking sector since they're controlled by a few banks which generally have very high fees on their other services.
What's even worse, since BankID is private, there's no individual right to get it, and I've personally experienced banks abusing their oligopoly (buy this extra service or you won't get BankID from us).
The Swedish situation is a nightmare which nobody should try to emulate. Fortunately, the Swedish government has finally announced plans to introduce a public government eID, although 20 years too late.
However, not every country has oil or gas. In fact, only a minority does. China is investing in EVs to avoid being dependent on energy imports. Many other countries are following. Russia and the US being laggards in EV adoption isn't really surprising.
https://www.bloomberg.com/news/articles/2023-09-20/russia-s-...
>The US constellation isn’t as accurate as the newer networks, said Roberts, the Sydney-based professor. “It used to be GPS was out in front,” he said. Now, though, the EU’s Galileo is in the lead, with China’s BeiDou close behind, he said.
It's basically Galileo > BeiDou > GPS >>> GLONASS.
[1] https://federalnewsnetwork.com/congress/2024/06/house-gop-pr...
There's too much focus on supply in environmental circles. The IEA forecasts an excess of a staggering 8 million barrels per day by 2030 due to peaking demand. The only question is who will have to cut this time.
Hydrogen is a more interesting option. Not necessarily for energy storage, but as a fuel for use cases where electricity can't be used (like fertilizer or methanol rather than cars or heating).
EV sales are in fact growing in all major regions in the world:
https://www.iea.org/data-and-statistics/charts/quarterly-ele...
However, what we do know is the transition being existential for some actors - and even countries. If Russian propaganda about Ukraine is bad, EVs are much worse, since they are actually an existential threat.
https://www.ehpa.org/wp-content/uploads/2024/02/Additional-s...
>Gaza is just a region of Palestine. Palestine is an occupied territory. A fast and enduring solution to the conflict is that Israel ceases its military and civilian occupation of Palestine and withdraws to its internationally recognized borders: those of pre-1967. Period.
The same phenomenon can be seen in other areas, such as digital cash:
https://youtube.com/watch?v=Dpu6G_UlSdM
On paper, digital cash is superior to both physical cash and digital bank money in almost all aspects, but many Americans oppose it anyway because they see their government as their enemy.
https://www.euractiv.com/section/energy/news/eus-energy-taxa...
Fortunately, I live in one of the few countries which don't subsidize gas (Sweden). When I visit the continent and see a gas stove, it feels like going to a museum. Induction stoves are so much better.