China, the Electrostate

This week, we return to China. David Fishman (x.com/pretentiouswhat), senior manager at The Lantau Group (lantaugroup.com), joins me again to dissect the unprecedented scale of China’s electrification, which Fishman says is driven by a mix of state planning, brutal market competition, and strategic energy security concerns. Our discussion ranges from the world's largest hydro projects to a coal industry that refuses to die; the forces driving China's power sector; the balance between state planning and market competition; and how this all fits into the larger economic shift towards innovation-driven, rather than imitiation-driven, growth.
Read extended shownotes (open.substack.com/pub/decouple/p/china-the-ele…) on Substack.
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