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China is spending 600 billion over 6 years to mitigate this problem. https://www.ft.com/content/2c0fa0d1-2902-440e-8677-d9f087c2e943 https://www.ft.com/content
by bryanlarsen 2y ago
China is spending 600 billion over 6 years to mitigate this problem.
https://www.ft.com/content/2c0fa0d1-2902-440e-8677-d9f087c2e943 https://www.ft.com/content/2c0fa0d1-2902-440e-8677-d9f087c2e...
But money isn't the primary problem. The primary problem in the US and Europe is that NIMBY's can delay the construction of an interconnect by ~10 years. China generally doesn't have this problem.
https://www.bostonherald.com/2024/07/03/work-resumes-on-power-line-through-maine-to-bring-quebec-hydro-power-onto-new-england-grid/ https://www.bostonherald.com/2024/07/03/work-resumes-on-powe...