• marxisthayaca [he/him,they/them]@hexbear.net
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    7 months ago

    The situation in China’s solar panel sector may be worse, where overproduction pushed prices down 42% last year to levels 60% below the cost of comparable U.S.-made products. China now accounts for 80% of global production capacity, and major solar producers are continuing to build factories, backed by provincial and local subsidies.

    how is this a bad thing!!!

    OH MY FUCKING GOD