I especially liked this sentence:

Who benefits, aside from the environment? It’s actually hard to say.

The only beneficiary is the environment? How tragic.

The people enjoying cheap electricity are not benefiting?

Plus, apparently China is also causing chaos in the automobile industry with their out of control EV revolution:

But China’s electrical system hasn’t figured out the rules and pricing to push battery capacity onto the grid fast enough to keep up. And besides, the vast majority of the batteries that China is churning out do not end up in grid storage. They’re revolutionizing another increasingly Chinese-dominated green industry that is going fast, cheap, and out of control: automobiles.

[...] As with solar, a wave of entrants battled for market share, causing profits to evaporate but giving consumers great choices at excellent prices.

RIP those poor innocent profits. They never stood a chance.

Other countries have begun to panic that their own auto sectors could be eviscerated by the competition of cheaper, cleaner vehicles from China.

Panic on the streets of London! Oh the humanity!

Mao Zedong famously declared that a revolution is not a dinner party. It is an insurrection, an act of violence by which one class overthrows another. The green tech revolution—whose violence is principally financial, a withering assault on the value of fossil firms’ assets—is not a dinner party.

I laughed out loud when i read this. No comment. Chef's kiss.