not unfortunate at all because most of the oil comes from Russia,Iran and the Middle East. It's a win for both parties. Russia is selling more oil to China than what it sold to the entire EU.
Plus China's renewable energy capacity is now larger than the fossil fuel capacity. They lead in all solar,wind,hydro, geothermal and nuclear energy fields. That means they make both oil and renewable.
@@JoannDavi china has met their renewable energy target 6 years ahead of the schedule, even western media like The guardian reported that. China's installed renewable energy capacity is larger than the rest of the world's total combined. Do some research kid 🤣
@@JoannDavi not unfortunate at all because most of the oil comes from Russia,Iran and the Middle East. It's a win for both parties. Russia is selling more oil to China than what it sold to the entire EU.
China received a tremendous amount of help & assistance beginning with US President Nixon whose vision was to help China become the power that they are today through favorable economic, trade, and financial policies. China's leadership and people deserve all of the credit for making the most of the opportunity they were given as there are many nations that squander it. That said, their rapid success would have been possible with the assistance. What's more, is that China's leadership deserves a lot of credit for creating a hybrid Socialist-Communist government with a capitalistic economic model as Mao & Marx would have been pissed if that happened during their watch. Leadership was able to maximize the favorable trade terms by embracing capitalism. Had neither happened, China wouldn't be where they are today. This is exactly why it's time for a rebalancing of trade, economic, and financial policies and agreements as China has reached parity with - and in many ways surpassed - many Western nations. The benefits were intended to create the conditions and environment for them to be successful and China made the most and best of it, but it's time for a recalibration.
Makes complete sense as to why China has a massive lead in annual CO2 output while also leading in the production of renewable energy (eg solar) as they need the massive energy output (oil) to keep manufacturing renewable (solar) energy products to meet Western demand as Western governments dictate self-imposed reductions on oil/liquid sources of energy. In other words, the West is more Socialist-Communist-Marxist (dictates & mandates on the economy) and China is more capitalist (open market). Who saw that one coming?
China is still increasing CO2 output simply because it's still a developing country. Its renewable energy output is increasing at a much faster pace percentage-wise. China has estimated it's going to peak at 2030 for CO2 output but promised carbon neutral by 2060. Meanwhile the West is walking back on their carbon neutral promises because of the energy crisis in recent years.
@@orionmedivh5859 thank you for your reply and I disagree. China isn’t a developing country by any measure. They have what’s soon to be the biggest economy in the world, they produce more goods and services than just about any other country, they have some of the best universities in the world, they have burgeoning space, science, and astronomy programs, they build and export cars and aircraft, they have the largest military in the world, and I can go on and on. None of that is “developing” and it’s a first-world nation in reality while benefiting from not being considered a "first-world country". China’s Co2 output is needed as their energy demands can not be met by renewables alone. I agree with what they’re doing in continuing to use fossil fuel and coal as it’s cheaper to convert to energy and is abundant. The West’s mistake is that they’ve curtailed, limited, and pretty much stopped using oil, liquified gas, and coal while “green” energy is unable to match the output of the aforementioned and in doing so creates an energy shortfall while driving up the price of electricity. It’s a self-created problem. My point is that China blows the world away when it comes to Co2 emissions because they’re dependent on oil and coal as reducing or stopping their use would create an energy crisis for their economic growth and shortfalls in meeting their citizen's energy needs. Hence, they have the energy output to meet demand whereas the West doesn’t. It might be helpful to see what’s happening with Germany, Sweden, and Norway as Germany is running an energy deficit which is forcing Nordic countries to share their energy to help out (due to EU dictates) which is driving up the cost of energy in Nordic countries. Also, data storage centers, AI, and quantum supercomputers are very energy heavy which compounds the problem. The West is incredibly short-sighted and it’s creating an energy crisis that is impacting their economies and cost of living, all while China meets its energy needs using all forms of energy. Finally, although there's a lot to praise that China deserves for their historic economic rise, there are many factors that influenced and enabled it dating back to US President Richard Nixon. China has been the beneficiary of favorable and uneven economic, trade, and financial agreements with the US and Western nations that, without them, would have lengthened the amount of time it would have taken for them to achieve what they have. They deserve the credit for the work that they've done to make it possible, but it didn't happen in a bubble and came with lots of help. It's not a knock on China by any means, but rather a great story of how international cooperation breeds success for everyone and that capitalist countries have the tried and proven ability to improve economies, which improves the lives of the people and society. This is why China has morphed into a hybrid Socialist-Communist form of government with capitalist economic policies & practices, which would have pissed off Mao & Marx. That too is kudos to China's leadership and vision which should be applauded. But again, their success didn't happen in isolation and was made possible by the leadership in the West through their governmental, economic, trade, and financial agreements with China. This is why a course correction is needed in the area of economics, trade, and financial agreements as President Nixon's vision for China has been achieved as they are a global leader and peer competitor to the West in many areas.
Why did the USSR vanish in 1980?
USSR was dissolved and became russia
I thought China couldn't win first place this time
Unfortunately for China, most of that refined oil has to be imported, i.e., purchased from abroad, as crude oil.
I wish youtube has 128x playback speed.
Unfortunately for China, most of that refined oil has to be imported, i.e., purchased first as crude oil.
not unfortunate at all because most of the oil comes from Russia,Iran and the Middle East. It's a win for both parties. Russia is selling more oil to China than what it sold to the entire EU.
Plus China's renewable energy capacity is now larger than the fossil fuel capacity. They lead in all solar,wind,hydro, geothermal and nuclear energy fields. That means they make both oil and renewable.
China is reluctent to the rfining industry and is shifting to renewable energy.
😆🤣ok.
L(MAO), sure it is.
@@JoannDavi china has met their renewable energy target 6 years ahead of the schedule, even western media like The guardian reported that. China's installed renewable energy capacity is larger than the rest of the world's total combined. Do some research kid 🤣
Data source?
creator own imagination
Literally says it on the video..statistical review of world energy
Data Source: Trust me bro
Are you blind?
India 🇮🇳🇮🇳🇮🇳😎😎😎
Ukraine was part of USSR to the end. Just saying.
14 former Soviet Union nations gained their independence and statehood in 1991. Just saying.
as usual china won
Unfortunately for China, most of that refined oil has to be imported, i.e., purchased from abroad, as crude oil.
@@JoannDavi not unfortunate at all because most of the oil comes from Russia,Iran and the Middle East. It's a win for both parties. Russia is selling more oil to China than what it sold to the entire EU.
They buy sanction oil a price discount very clever @@JoannDavi
China received a tremendous amount of help & assistance beginning with US President Nixon whose vision was to help China become the power that they are today through favorable economic, trade, and financial policies. China's leadership and people deserve all of the credit for making the most of the opportunity they were given as there are many nations that squander it. That said, their rapid success would have been possible with the assistance.
What's more, is that China's leadership deserves a lot of credit for creating a hybrid Socialist-Communist government with a capitalistic economic model as Mao & Marx would have been pissed if that happened during their watch. Leadership was able to maximize the favorable trade terms by embracing capitalism. Had neither happened, China wouldn't be where they are today.
This is exactly why it's time for a rebalancing of trade, economic, and financial policies and agreements as China has reached parity with - and in many ways surpassed - many Western nations. The benefits were intended to create the conditions and environment for them to be successful and China made the most and best of it, but it's time for a recalibration.
China is a 5000+ yr old ...Civilization !!
Not a 300+ yr old Occupied Colony
Makes complete sense as to why China has a massive lead in annual CO2 output while also leading in the production of renewable energy (eg solar) as they need the massive energy output (oil) to keep manufacturing renewable (solar) energy products to meet Western demand as Western governments dictate self-imposed reductions on oil/liquid sources of energy.
In other words, the West is more Socialist-Communist-Marxist (dictates & mandates on the economy) and China is more capitalist (open market). Who saw that one coming?
China is still increasing CO2 output simply because it's still a developing country. Its renewable energy output is increasing at a much faster pace percentage-wise.
China has estimated it's going to peak at 2030 for CO2 output but promised carbon neutral by 2060.
Meanwhile the West is walking back on their carbon neutral promises because of the energy crisis in recent years.
@@orionmedivh5859 thank you for your reply and I disagree. China isn’t a developing country by any measure.
They have what’s soon to be the biggest economy in the world, they produce more goods and services than just about any other country, they have some of the best universities in the world, they have burgeoning space, science, and astronomy programs, they build and export cars and aircraft, they have the largest military in the world, and I can go on and on. None of that is “developing” and it’s a first-world nation in reality while benefiting from not being considered a "first-world country".
China’s Co2 output is needed as their energy demands can not be met by renewables alone. I agree with what they’re doing in continuing to use fossil fuel and coal as it’s cheaper to convert to energy and is abundant.
The West’s mistake is that they’ve curtailed, limited, and pretty much stopped using oil, liquified gas, and coal while “green” energy is unable to match the output of the aforementioned and in doing so creates an energy shortfall while driving up the price of electricity. It’s a self-created problem.
My point is that China blows the world away when it comes to Co2 emissions because they’re dependent on oil and coal as reducing or stopping their use would create an energy crisis for their economic growth and shortfalls in meeting their citizen's energy needs. Hence, they have the energy output to meet demand whereas the West doesn’t.
It might be helpful to see what’s happening with Germany, Sweden, and Norway as Germany is running an energy deficit which is forcing Nordic countries to share their energy to help out (due to EU dictates) which is driving up the cost of energy in Nordic countries.
Also, data storage centers, AI, and quantum supercomputers are very energy heavy which compounds the problem. The West is incredibly short-sighted and it’s creating an energy crisis that is impacting their economies and cost of living, all while China meets its energy needs using all forms of energy.
Finally, although there's a lot to praise that China deserves for their historic economic rise, there are many factors that influenced and enabled it dating back to US President Richard Nixon. China has been the beneficiary of favorable and uneven economic, trade, and financial agreements with the US and Western nations that, without them, would have lengthened the amount of time it would have taken for them to achieve what they have. They deserve the credit for the work that they've done to make it possible, but it didn't happen in a bubble and came with lots of help.
It's not a knock on China by any means, but rather a great story of how international cooperation breeds success for everyone and that capitalist countries have the tried and proven ability to improve economies, which improves the lives of the people and society. This is why China has morphed into a hybrid Socialist-Communist form of government with capitalist economic policies & practices, which would have pissed off Mao & Marx. That too is kudos to China's leadership and vision which should be applauded. But again, their success didn't happen in isolation and was made possible by the leadership in the West through their governmental, economic, trade, and financial agreements with China. This is why a course correction is needed in the area of economics, trade, and financial agreements as President Nixon's vision for China has been achieved as they are a global leader and peer competitor to the West in many areas.