I think one of the big challenges for China is that, of the—you know, where the shale reserves are located, it’s not near water, lots of questions as to—and some of it—basically, some of the tests have shown that it’s—it definitely is proving harder that, you know, they cannot sort of model the same level of development that we have seen in the United States. And so, Europe is investing—you know, I think it’s about $250 billion, the United States, it’s about 370 billion—towards the—kind of the energy transition, and helping to support domestic industries and companies to—you know, to be able to, you know, develop the technologies, and to have the, you know, the opportunity to contribute to the energy transition. Someone I know that studies pipelines, he says, you know, until the steel is in the ground, you don’t have the pipeline, and so until you know that you’ve got that, you know, you’ve got all the OKs, and you feel that kind of security of being able to build it, and being able to provide the resources to supply it and to move it.
Author: Elliott Abrams, Elliott Abrams
Published at: 2025-12-17 21:49:54
Still want to read the full version? Full article
