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[-] jack@hexbear.net 76 points 2 months ago

Global clean-tech dominance hasn’t necessarily meant profits for Chinese firms. Beijing has been phasing out subsidies such as the feed-in tariffs that had guaranteed high prices for renewable power. That’s as over-production has driven down prices to near break-even levels.

Spazzapan from Systemiq says shareholder interests in China “have been largely disregarded, with chronic overcapacity and relentless price wars eroding company equity.”

It’s a system that favors “scale over profitability,” she says.

This is exactly what a socialist government should do with renewables.

[-] BeanisBrain@hexbear.net 52 points 2 months ago

shareholder interests in China “have been largely disregarded

waow-based

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this post was submitted on 22 Sep 2025
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