Monetary power, climate breakdown: how China finances the green transition while European monetary…

The actual way to fix the climate crisis is to do what China has done: usîng 𝗺𝗼𝗻𝗲𝘁𝗮𝗿𝘆 𝗽𝗼𝗹𝗶𝗰𝘆 to speed up renewables development, rather than denying these capital-intensive industries investment and locking economies into a shareholder-remunerating doom loop

The best and only realistic way to pay for the energy transition is to align monetary policy with the shift in spending necessary And if you want proof it works: China

There is an 'off' switch for climate change, and it's called 'monetary policy' And if you want proof it works - China have twice as much renewables capacity under construction than the rest of the world combined