Comment on I, for one, welcome our solar overlords
variants@possumpat.io 5 weeks agoI guess it could depend on if their government is subsidizing the cost then more governments can do that, or if they are exploiting labour’s, or a mix of the two
prettybunnys@sh.itjust.works 5 weeks ago
No.
They’re literally producing more panels than the market can handle.
They are creating panels that go unsold which is driving the price down.
Price going down is a good short term thing HOWEVER they’re also destroying any competition (which generally is considered bad in basically any economic system) by doing so. The assertion is that china is deliberately driving competition out of business so they can corner the market.
Prices going down is very very good.
Prices being artificially held down so a market can be cornered is not good even if it had that initial short term positive result.
nikaaa@lemmy.world 5 weeks ago
I disagree.
It is not. If we buy solar panels today, and the supply chain crashes tomorrow, that won’t bother us at all. Solar panels are a very durable product, and once bought, can last at least 20 years. So we would have more than enough time to find a proper replacement. So, having unreliable supply chains is not a problem with solar panels.