this post was submitted on 22 Sep 2025
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[–] GreatSquare@lemmygrad.ml 19 points 3 weeks ago (1 children)

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 points 3 weeks ago (1 children)

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 7 points 3 weeks ago

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.

[–] triplenadir@lemmygrad.ml 17 points 3 weeks ago

Say the line, Bart!

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

[–] big_spoon@lemmygrad.ml 12 points 3 weeks ago

who would have thought that a communist country would be better playing capitalism?