The post The Green Premium Is Dead. The Fossil Premium Has Arrived. appeared on BitcoinEthereumNews.com.

In North America, cleantech is often dismissed as an overpriced niche for tree huggers and climate alarmists. It comes with a “green premium,” say critics who, apparently, have barricaded themselves against the reality that clean innovation is driving exponential change in most of our major industries. This reminds me of the old story where a traveling sage introduces a king to the game of chess. The enthusiastic king offers the sage any reward he can name. The humble man asks for a single grain of rice to be placed on the first square of the chessboard, two on the second, four on the third, with each square having double the amount of the previous one. The king initially agrees, but only later realizes his treasury cannot fulfill the request, as the total number of grains becomes astronomically large by the 64th square, far exceeding his kingdom’s production of rice. Today’s cleantech critics, like the king, cannot fathom exponential growth. But let’s face it: the green premium is dead. China killed it with low-cost solar, wind and batteries, affordable EVs and dominance in critical minerals. Unless North Americans and Europeans wake up to this reality, their citizens will pay a hefty fossil premium with economic and political consequences. Anyone who thinks buying an EV is “virtue signaling” clearly hasn’t heard about the BYD Dolphin Surf, a Chinese-made electric hatchback recently introduced in Europe. It starts at €22,950 ($26,552 USD) with a range of up to 265 miles—a steal next to the €39,990 ($46,172) Tesla 3 with a range starting in the low-to-mid-300s. No wonder BYD outsells Tesla globally. Tariffs are the only thing temporarily saving North American and European carmakers from BYD. The Dolphin Surf starts at $13,375 in China. In the U.S., you won’t find an internal combustion engine hatchback…

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Filed under: News - @ November 11, 2025 11:27 pm