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  • triplenadir@lemmygrad.ml
    17·
    2 天前

    Say the line, Bart!

    Western politicians have accused it of winning the clean-tech race at the cost of environmental and human rights protections.

  • GreatSquare@lemmygrad.ml
    19·
    3 天前

    For companies and investors caught in the fray, it’s been “total misery,” says Dan Wang, research fellow at Stanford University’s Hoover History Lab and the author of Breakneck. China’s model relies on “a lot of state power, a lot of consumer power, but not very much financial investor benefit,” he says.

    So sad. They can’t make money out of addressing climate change so they aren’t going to invest.

    How about not having a climate disaster in the future by reducing emissions (unlike the US where emissions are still going UP while China’s emissions are actually reducing)? Is that worth investing in?

    • ExotiqueMatter@lemmygrad.ml
      12·
      2 天前

      You can’t blame me for wanting guaranties that my ventures will generate a good return on investment, I can’t sacrifice my 1B$ portfolio just to save the world you see?

      • GreatSquare@lemmygrad.ml
        6·
        2 天前

        This is why the world cannot rely on capitalism to solve an environmental issue. Capitalists are only motivated by profits. Seeing that they can’t compete in a market, they just leave.

        Expect the same shit if AI profit projections turn bad.

      • Maeve@lemmygrad.ml
        4·
        2 天前

        Al Gore, the chairman of Generation Investment Management and former US vice president, says China’s supremacy in the energy transition is now leading “many nations” to consider closer ties with the country. He describes America’s retreat from transition technologies as a “tragedy.” China manufactures about 80% of the world’s solar panels, supplies some 60% of the planet’s wind turbines, 70% of its EVs and 75% of batteries, all at a lower financial cost than the West.

        I think Biden recognized this, albeit a bit late and hoped to play catch up, but that wouldn’t have been profitable for the right people, so we have whatever this shoot-ourselves-in-both-feet strategy, now.