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
Arvind Ravikumar
npub1dc…6df2s
2024-11-30 00:44:39 UTC
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npub1dckr6uw8t2zz0fuwmuld3ssp22fns98utufnvsfa6rxspnzxt0wqr6df2sSeen on
wss://relay.momostr.pinkPublished at
2024-11-30 00:44:39 UTCEvent JSON
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