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Thursday, 9 April 2015

Can China’s Infrastructure Bank Fix Climate Change?

Instead of viewing the AIIB as a symbol of looming Chinese economic hegemony, the AIIB should instead be viewed as a global climate change solution with powerful, vastly distributed benefits. Stewart Taggart claims it would create non-discriminatory access to a massive regional market for energy sources ranging from sun, wind, and biomass to hydro and geothermal. Without the external labor sink of infrastructure projects, domestic Chinese unemployment will also rise.



Stewart Taggart Founder & Principal, Grenatec via CHINA US Focus http://ift.tt/1Ft7ahU

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