
Chinese Blackouts Are Revealing Something Much More Important About The Global Economy
Economics Explained
00:00
The Problem With China's Coal Grid
Many companies have decided to build out their own infer structure in order to t for end user dollars. It's also comically unfeasible, because all the usable land around urban areas would be taken up by a cobweb of competing energy lines. There are millions of homes and businesses across china right now that would be willing to pay a higher price for access to reli electricity,. but due to regulations, that's just not possible. This is a very interesting issue with so many moving parts that it really is hard to see what will end up happening.
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