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The fewer people willing to lend the more expensive money becomes. This can make some projects unprofitable.
by adrianN 6y ago
The fewer people willing to lend the more expensive money becomes. This can make some projects unprofitable.
- LatteLazy 6y agoThe Problem is that is a long long way off. If you need to borrow 100m USD for a new coal power station, and the total world debt market is about $24tn, you're only borrowing something like 4x10^-5%. So even if 99.999% of lenders decline your project on ecological grounds, you still have 20 times more funding available than you need.