Comment by cheschire
2 days ago
Those are vastly different scales you’re comparing. I doubt Namibia vs America will be another Tesla vs Ford.
The whole point of the current American efforts about oil seems to be reinvigorating economic growth. Oil supply chains are a lot easier to manipulate into growth strategies than renewables.
Countries that have leapfrogged into energy independence are doing great but thats not hustle. They’re ensuring their isolation for years to come.
And to be clear that may not be a bad thing for them.
Reinvigorating economic growth is the stated intent. The effectiveness of these policies will take longer to sort out, and will probably be argued over for decades.
But I think even ascribing economic growth as the intent is generous. The economy was already growing vigorously. Most of the policies we're seeing now are performative posturing.