Especially
when Trump decided to pull the US out of the Paris Agreement, the US
seems to stay conservative and want to maintain its advantages and
strengths in the coal industry. The US President Trump in many
occasions promised to the coal workers that he would bring back jobs
for the coal workers. However, from the entire world economy or
technology development, there is a trend that sustainable renewable
energy is going to replace the
traditional fossil fuel. Such circumstance also happens in many other
sectors when those who stand at advantageous positions have higher
opportunities costs to
adopt to new technologies as they need to abandon its existing
advantages and bear the risk of not gaining advantages in new
sectors.
The
ones with existing advantages and strengths do not always have
advantages over other small opponents, as they are too big to be
flexible and adopt new technologies or strategies.
This problem is even more obvious in the infrastructure building. In
many developed countries, they have relatively poorer infrastructure.
In the US, the New York City’s underground system is relatively
poor and is not the first choice for many citizens
in the city. Though in London the underground system is the first
choice for many people, the room of the trains is tiny and there
is no network (though recent years the stations have public wifi
hotspots).
However,
in some countries which recently develop including Japan and
Singapore, the infrastructure is much more modern, Even Germany could
be counted as such country, as its old infrastructure had been
largely destroyed during the second world war, its current
infrastructure was built after the second world war. For those
developed countries with complete transport and other infrastructural
systems for long time, they are struggling to make decisions on
whether or not they should upgrade their current systems, as the
costs are incredibly high and there is some risk that the current
available systems may need another upgrade after they adopt the new
system. In addition, many of these countries have large expenditures
on other fields, including education, national defence, welfare
system and etc. Furthermore, upgrading infrastructure have long term
and moderate impacts; however,
there are some fields that can immediate and crucial impacts, the
electoral political system makes politicians prefer those immediate
policies rather than long term policies. Therefore, the decision of
upgrading infrastructural systems is hardly made by the politicians
in these developed countries.
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