Re:TSMC Reports Q3 Earnings [pdf]
by Seanambers on Thursday October 13, 2022 @09:34AM
(#33190714)
China just out subsidized all the competitors, so by removing them from the market, the market will realign and new production will come online.
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Re:TSMC Reports Q3 Earnings [pdf]
by photochemsyn on Thursday October 13, 2022 @01:03PM
(#33193713)
Not if the fossil fuel sector has so much power over the US government that they can squelch renewable competition via control of funding for R&D and spending projects. Anyone who looks into actual DOE R&D budgets since Reagan will see this playing out in practice.
China notably has no domestic gas/oil to speak of, and coal has so many obvious drawbacks that they've decided to push money into renewable R&D as part of their long-term strategy.