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?