Dave Vetter on Nostr: It was a lot longer than a decade. China's 10th five year plan, introduced in *2001*, ...

It was a lot longer than a decade. China's 10th five year plan, introduced in *2001*, laid the groundwork for the EV transition. When I lived in Shenzhen, in 2009, the local government had already begun making the bus fleet electric-only. In 5 years they replaced them all - 16,000 in total.

RE: https://bsky.app/profile/did:plc:emtafho5s3y4udtmh4krycrb/post/3lc4ujhu4vk2v

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Key point is that China has been investing in EVs for over a decade to reduce its dependence on imported oil.

No country wants to be dependent on imports for key energy or security needs. And that's a big reason why it is unlikely that projections of high LNG demand growth in Asia will be realized.

RE: https://bsky.app/profile/did:plc:6uendsmcthah5ga5tq6luuk3/post/3lc4ece5ytc2t