MrMakabar

Ethiopians are not Arabs. Arabic Jews experience much less racism in Israel then Ethiopian ones.

The reason the world is using the USD is that the US used to provide safety to most of the global economy. With Trump it looks much less certain. Europe has the Euro already and is doing a lot of trade in that. With Trump trying to force Ukraine to surrender Europe is bound to try to make deals in Euros rather then USD. Countries around the world look at this historic shift and reconsider the relative safety of dealing in USD and will try to diversify. China is already trying to make deals in RMB as much as possible. With the USD being less reliable RMB is a good diversification option, as is obviously the Euro.

That is not to mention oil, which is almost exclusively traded in USD. With EVs becoming more popular around the world, many countries will buy less of that. That obviously hurts the USD. Also we saw Euro stock markets outperform the US since Trump got elected and it is getting better. Looks like European investors onshore their money.

Amendment II

You get wealthy by taking valueables from other people. Turns out the best way to do that is by force, cheating, lies, stealing and the like. When you look at any billionaire, who did not inherite, you find they all do that.

Too poor to afford a helicopter....

NYC could just ban cars in those parts of the city instead.

The EU actually has a pretty good plan to deal with that. It is called CBAM, a carbon tariff for high energy goods imported by the EU. The tariff is as high as the carbon price, which would be paid in the EU minus the carbon price in the country exporting. So smart policy as it insentivises other countries to create their own carbon price.

Last COP China made it their prime objective to destroy the idea of such systems.

Also in general it is best to blaim the entity, which has the easiest time to fix it. Countries pass their own laws and then enforce them. That is why we mainly look at production based emissions. In other words, if China can not produce its exports cleanly, then I expect them to shut down those factories.

In 2023 global emissions only grew due to China. They would have fallen by 54million tonnes of CO2, if you exclude China.

Indeed. The air war has to be won first, before paratroopers are deployed.

Stop burning more fossil fuels as quickly as possible. The most important start is to stop adding more fossil fuel infrastructure like coal power plants.

Moving away from coal would mean China is shutting down coal power plants. Instead they are building even more of them. They started construction on 94.5GW. The USA has 196.2GW of coal power plants total. You do not build them, if you do not plan to use them. So China is going to burn more coal in the coming years increasing their emissions.

https://www.reuters.com/business/energy/chinas-2024-coal-power-construction-hits-10-year-high-researchers-say-2025-02-13/

https://www.statista.com/statistics/530569/installed-capacity-of-coal-power-plants-in-selected-countries/

The problem is that renewables can be done by a lot smaller companies then fossil fuels. Solar can be done by a family on the roof rather easily. Wind turbines cost 3million per piece, so very possible investment for a farmer, small company and the like.

Fossil fuel power plants are a lot more expensive hence competition is smaller. We are easily talking 100million and more per plant. Large pipelines, refineries and oil or gas field developments easily cost over a billion. That keeps out competition. Not to mention oil having the largest cartel in the world backing it.