I’d broaden that to a whole host of “green” and “alternative energy” sectors.
All the panic about Chinese “overproduction” of EVs and similar technologies is just China going whole hog on those industries. It’s not an “overproduction” in the traditional sense, where a company produces more than the market will bear and has to sell excess inventory at a loss. China just produces all of this stuff cheaply and at a huge scale.
About 20 years ago the general perception was that EVs were a joke https://www.youtube.com/watch?v=X2HX5wsQVEA Now we have cost effective solar and wind, efficient battery storage, good and cheap EVs and drones, modern heat pumps etc.
I don’t even think all the tariffs will matter in the long run. China is currently adopting all that stuff at a breakneck pace. Their production capacity won’t just go away once they’ve saturated the domestic market and the growing number of countries that have trade agreements with China). At that point, Chinese manufacturers will have no choice but to start actually selling below cost, just so they can clear inventory.
And this has a snowball effect too. Energy is often the limiting factor in production. An abundance of cheap energy makes it cheaper to produce more cheap energy production.
Because the human brain doesn’t intuitively count the way we’re taught in school.
Our brains are very good at understanding 1, 2, sometimes 3 and, “many”. That’s the data we get from smart chips, young children and isolated pre-literate societies.
Counting bigger numbers requires abstract systems. Our brains can do that but it’s much harder and we don’t grasp it as well.
The practical offshot of this is that while it’s intuitively obvious that a small space like a garage will quickly fill up with toxic gasses, it’s far less intuitive that a “very big” outside can get saturated by a “pretty big number” of cars.