China has a problem. A very big one. It has built gargantuan production capacities for everything the green cult preaches with missionary zeal. Solar panels. Wind turbine components. Batteries in biblical quantities. Electric vehicles by the millions—enough, in theory, to electrify the entire planet twice over and still have leftovers clogging ports.
This was not an accident. It was yet another attempt to brute-force relevance into a failing system. The old formula—China makes, the world buys—was wheeled out once more, dusted off, and declared eternal. For this to work, however, one crucial condition had to hold: the Western subsidy machine had to keep running. Not just running, but accelerating. Governments would need to pour ever more money into green projects, mandate adoption, suppress alternatives, and keep demand artificially alive.
But every Ponzi scheme has a mathematical limit. Eventually, there is simply too much of what nobody actually wants—at least not at market prices. And not by a small margin. By a catastrophic one.
That moment has arrived.
The market is falling off a cliff. Money is becoming harder to get. Credit tightens. Interest rates bite. The remaining subsidy schemes in the West are no longer capable of pulling in new large-scale projects, and the wear and tear of existing installations—maintenance, replacements, failures—is not even a drop on a scorching-hot rock. It doesn’t come close to absorbing the industrial excess that has been unleashed.
We have squandered trillions on the climate scam. That money is gone. Vaporized into steel, silicon, and slogans. We will bleed for it—profusely. The pain will be felt for a long time and everywhere: through inflation, deindustrialization, energy insecurity, and declining living standards.
But China’s situation is worse.
China has squandered something far more valuable than money: time and survivability. Their old system of outproducing everyone else stopped working more than a decade ago. That was the moment to reform, rebalance, and face reality. Instead, they doubled down. Bigger factories. Bigger numbers. Bigger denial. They bet the future of the country on a Western ideological bubble that is now deflating fast.
When the subsidies stop, the warehouses fill. When the warehouses fill, the system cracks. And this time, there is no obvious next act.
https://wattsupwiththat.com/2026/01/20/eye-rolling-climate-science-from-china/