An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
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Wednesday, February 26, 2020
Going green: China continues massive investment in renewable energy
Chinese state-owned power company, China Three Gorges Corporation, has announced it has started developing more than two dozen of new green energy projects, requiring the total investment of $8.2 billion.
The construction of 25 new projects with a total installed capacity of 3.92 million kilowatts was started simultaneously in 14 provinces and regions, the Beijing-based company announced on Monday. The initiatives are expected to create 17,000 jobs for locals and help the nation's industrial chain to resume work and production, as well as optimize the local industrial structure.
RT
Going green: China continues massive investment in renewable energy
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