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I think it'll ultimately be China who starts the greenvolution, but not in a grand way. * it has started restructuring its economy to be more longterm oriented
by tifadg1 5y ago
I think it'll ultimately be China who starts the greenvolution, but not in a grand way.
* it has started restructuring its economy to be more longterm oriented. Banning for-profit education, tightening mega corps, exploring ways to encourage child bearing.
* belt-and-road - as well as being a cashcow longterm, it also gives leverage to push your vision. And with that vision being free - china pays for it now - it'll be a much easier sell than trying to convince western world to give money to developing world as per paris climate accords (which by and large remain unimplemented).
Now certainly it'll take a while. US could do it now by imposing an import tax if the supply chain is dirty, but there's no heartfelt urgency.
And is there urgency really? I mean what do the timelines look like if nothing really changes?