Kenji Yamaguchi’s Post

Janet Yellen U.S. Department of the Treasury warned in a Wednesday speech that China’s surplus of clean energy products is depressing prices in global markets and squeezing U.S. green manufacturing. After years of clean energy investment, China has an excess of solar power, EVs and lithium-ion batteries, allowing it to export those products at cheaper prices to markets around the world. Yellen plans to confront her Chinese counterparts about these trade practices during her upcoming visit to China. The U.S. is trying to grow its own clean energy industry domestically with investments from new legislation, but is still playing catch-up with China’s green energy sector.

Discover the impact of China's dominance in the solar panel market! From creative uses like fencing to global market disruptions, learn how oversupply is reshaping the industry. US Treasury Secretary Janet Yellen is addressing the issue during her visit to China, advocating for fair trade practices. Explore the implications of excess capacity on global economic stability and the future of solar energy. #SolarPower #GlobalMarket #RenewableEnergy 🌞🔋 https://lnkd.in/embSEnn8 #SolarPower #RenewableEnergy #GreenTech #SustainableLiving #EcoFriendlyInnovation

China's "Two Sessions" earlier this month saw the country's rubberstamp parliament approve the government's increasing focus on new industry and supply chains at the expense of supporting flagging domestic demand. Even as new energy manufacturing looks set to surge, it doesn't seem to be helping China's energy transition at home much, as Beijing lets energy targets slip. Learn more >> https://bit.ly/3ID5lJu #China #twosessions #energypolicy #lowcarbonpolicy #cleanenergy #newenergy #energytransition

The West needs China for clean energy. It will pay a price to break free Summary: The United States and Europe are intensifying efforts to reduce their reliance on China for clean energy technologies, such as electric vehicles (EVs), solar panels, and wind turbines. While China remains a dominant player in these sectors, accounting for a substantial portion of global investment and production, Western governments are implementing protectionist measures, including tariffs and subsidies, to foster domestic manufacturing and safeguard local industries. China’s control over critical minerals and clean energy supply chains presents a dilemma for the West. While dependence on Chinese technologies has enabled rapid advancements in green energy, it has also created vulnerabilities similar to Europe’s overreliance on Russian gas. The West's drive to reduce this dependence could slow the global energy transition and increase costs for businesses and consumers. Experts warn that tariffs and other protectionist measures could hinder the adoption of green technologies, potentially delaying the shift to clean energy and exacerbating climate change. They advocate for a balanced approach that focuses on diversifying supply chains, investing in innovation, and maintaining access to critical minerals from multiple sources. As the competition for dominance in the clean energy economy heats up, the West faces the challenge of reducing its reliance on China without compromising the speed and affordability of its energy transition. This delicate balance will be crucial in meeting global climate targets and ensuring energy security. #CleanEnergy #Sustainability #China #EnergyTransition #RenewableEnergy #GreenTech #TradePolicy #EnergySecurity #ClimateAction #EVs #SolarPower #CriticalMinerals #GlobalEconomy https://lnkd.in/g9xfpG4P

Faced with a surplus of solar panels, electric cars, and batteries, Beijing plans to sell these products on the global market at steep discounts. However, this predatory pricing could result in the failure of non-Chinese firms and leave China with an all-out monopoly, an illegal activity forbidden by the World Trade Organization. This would leave the global energy supply vulnerable and give Beijing an unfathomable amount of leverage over its allies and adversaries alike. The implications of this action are far-reaching and could have significant consequences for the energy industry worldwide.

Yellen will spend two days in the southern commercial and manufacturing hub of Guangzhou beginning April 5 before heading to Beijing for two more days of talks. The Treasury chief’s comments come as Chinese leaders have been pouring money into manufacturing, focusing on new industries such as electric vehicles, batteries and renewable energy, in a search for new sources of growth for the country’s slowing economy. #evmanufacturing #renewableenergy #battery #economygrowth #businessstrategy

"US leans on monetary policy…which is like a bazooka for the whole market. China leans more on targeted fiscal policy, on strategic areas where they want an advantage: semis, EVs, renewable energy. They focus their spending there, it’s a different approach than we in the US are used to.”    –Jason Hsu, Chairman and Founder of Rayliant joined Romaine Bostick, CFA & Scarlet Fu on Bloomberg TV's “The Close” to talk #China, #Trump, #Biden and #EmergingMarkets. ⬇️Replay link in comments⬇️

Quite interesting report by Fraunhofer ISI. The report highlights the political goals and strategies of the following countries: Japan, South Korea, China, the U.S., Europe and within it Germany. https://shorturl.at/lswIR #batteries #globaloutlook #policies

U.S. Treasury Secretary Janet Yellen is set to challenge China's excessive clean energy subsidies. 🌍💼 Yellen's stance? It's time to confront the "clean energy dumping" head-on. China's strategy of saturating the market with low-cost green products isn't just competition; it's an unfair advantage that's shaking the core of global trade dynamics. 🚫🌞 The goal? A level playing field where innovation thrives without compromising global economic health or stability. Let's pave the way for sustainable growth, together. 💡🌱 📌 Will Yellen's efforts level the playing field and foster a healthier global economic environment? #CleanEnergy #GlobalEconomy #SustainableGrowth #Innovation

Upcoming China Macro Webinar on Feb.2 📅 Mark the date! A step-up in decarbonisation efforts has witnessed rapid growth in China's new industries of electric vehicles, batteries, and renewables. To what extent are these proving to be the economy's new growth drivers? What can authorities do about the risk of overcapacity? Can these industries offset the macro drag from a shrinking housing sector? Register now to learn more: https://okt.to/dUnhmx