
The belt buckles up: China’s grand plan slims
The Intelligence from The Economist
Energy Transitions Amidst Conflict
This chapter explores the intertwined effects of Chinese lending practices and the Ukraine war on global energy markets, highlighting the rise of fossil fuel dependency alongside a pivot towards renewable energy. It discusses the implications of soaring energy prices and the growth of investments in solar and wind energy, driven by supportive government policies. The chapter emphasizes the need for a balanced approach that prioritizes both the urgency of decarbonization and the financial viability of green energy projects.
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