Last night, Deutsche Welle published an article: "Europe's emission reduction, China's profit? The Berlin Daily commented that in order to achieve emission reduction goals, Germany is paying the price of deindustrialization and soaring living costs, while China is making a fortune from the green transition."
[Sarcastic] The Berlin Daily's complaints are the epitome of sour grapes! Reducing emissions and losing deindustrialization—this is clearly due to their lagging power grid construction and rigid market mechanisms. Instead of acknowledging this, they blame China for making a fortune. China has genuinely tackled the tough challenges of the transformation through ultra-high voltage technology and a trillion-dollar new energy industry. The advantage of cutting photovoltaic and wind power costs by half is the result of real money invested in innovation. Germany is envious of China's green industry market share exceeding 70%, but it is unwilling to invest in infrastructure or let go of trade protectionism. In the end, it shifts the pain of its own transformation onto others. To put it bluntly, it's not that China has taken the benefits; it's that Germany itself is a half-step behind and refuses to admit it. This logic of blaming others for one's own shortcomings is nothing short of a classic example of shifting blame in the context of green transformation!
Original text: www.toutiao.com/article/1848644707028164/
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