International trade wars, ushered in by Trump, have unfortunately started affecting the green energy transition. Since China has developed a virtual monopoly on a range of green technologies from solar panels to lithium batteries, western governments fear Chinese dominance over important economic sectors and are imposing trade restrictions, putting their own climate targets in doubt. In retaliation, China has used its stranglehold over rare earth minerals by imposing export controls, that are expected to hurt many critical sectors in the West, including green energy technologies.
