Heard on the Street: China’s renewable buildout is good for the planet. But so far, it has proven tough to make money from Chinese renewable stocks
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Beijing is within striking distance of its wind and solar power targets, but the boom is a mixed blessing for investorsIn the biggest climate commitment made by any nation, China pledged to go carbon neutral by 2060. While it will be challenging for Beijing to achieve its goal, China’s plan to become a green superpower will have ripple effects around the world. Illustration: Crystal Tai. But investors in the country’s green power stocks are bracing for more difficult weather.
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