Rebirth: The Financial Giant

In the future of the entire world, the ideal situation is for mankind to make breakthrough technological progress, fundamentally changing the current energy structure, such as technologies such as controllable nuclear fusion.

If breakthrough technology is not born, it is basically impossible for the productivity to improve greatly, and it will not change the trend of the whole world becoming more and more inward.

And a technology like controlled nuclear fusion, fifty years indefinitely, is too far away and too unpredictable.

Focusing on the present is an urgent matter. Of course, the research and development of new technologies must be carried out, but the things in front of the door are more important. In short, both hands must be grasped, and both hands must be hard.

For the present moment, the things in front of our eyes are the world that is getting more and more rolled up.

The Net Zero Financial Alliance corresponds to the so-called similar carbon-based new rules of the game, that is, the side reflection of the involution of the world, the operation of welding the door.

A carbon tax is on the horizon.

Lu Ming is also very clear that the listing of carbon trading will only happen next year, and it is just around the corner.

The background of carbon tax is that mankind is facing a new round of energy revolution, and the development of the entire human civilization is closely related to energy utilization.

This energy revolution is undoubtedly a new stage in which clean energy leads the world. Clean energy means renewable energy, such as wind, light, water, geothermal, and even tidal power, to gradually replace traditional fossil energy.

There are actually two core driving forces driving this clean energy revolution.

One is the issue of climate change, which international bankers and financiers are paying special attention to for the first time ever, that is, the issue of reducing carbon emissions, which will soon become a hot spot in the world.

Another is the cost issue. Once renewable clean energy is applied on a large scale, its cost will be much lower than that of fossil energy.

If you use traditional fossil energy, oil, coal, etc., the price is an insurmountable basic cost, but the cost of using renewable energy, wind, light, etc. is almost zero, only the sunk cost of investment is relatively high, and the maintenance cost during the period is much lower. .

In addition, the energy efficiency of using electricity is also the highest. For example, if the car is a gasoline vehicle, the fuel consumption cost per kilometer ranges from a few cents to a dollar. If it is a new energy vehicle, the cost per kilometer ranges from a few cents to a dime.

This is still in the case of thermal power generation. If photovoltaic power generation and wind power generation are rolled out on a large scale in the future, this cost will have to be greatly reduced.

The blueprint for all these prospects is bright, but the cost and risks cannot be ignored in the process of achieving this grand project. To develop clean energy, the first thing is the supporting infrastructure. This lowest-level structure must be effectively built worldwide. One hundred trillion dollars can't be beaten, which the ghosts are right to say, after all, it is the underlying construction of a new energy system.

As everyone knows, Tianchi Technology, a subsidiary of Tiansheng Capital, is currently smashing hundreds of billions of infrastructure such as charging piles across the country.

But it is precisely because of this that the so-called net zero financial alliance and the financial commitment of Mark Carney to the next three decades to the middle of this century will be $150 trillion in the previous video conference. An average of $5 trillion is invested annually.

The expansion of this asset and liability is full of profits.

Lu Ming readily accepted the invitation from International Capital to participate in the Net Zero Financial Alliance.

With the word international financier, Lu Ming is now also a world-renowned international financier and a predator-level figure.

The carbon tax is a vested interest of Yu Guo and Tiansheng Capital. Of course, there are 10,000 reasons to support it. After all, the country has completed industrialization, and Tiansheng Capital has also completed the layout.

In the coming wave of the energy revolution, Greater China and Europe and the United States all want to be the leaders, and the eastern powers have the most hope and the most potential to come out on top.

Because the layout of the country in the past ten or two decades is where the confidence lies.

In the manufacture of clean energy equipment, whether it is photovoltaic power generation equipment, hydropower generation equipment, or wind power generation equipment, the domestic technical level has reached the world's advanced level, and the market share is the first in the world, such as wind power, hydropower , photovoltaic and other equipment, about 60% of the world is provided by companies in Greater China.

Relevant leading companies are still growing companies, and Tiansheng Capital has also boarded the car in the past three years, or directly increased its holdings from the secondary market or private placement.

Another one is the use of clean energy, the user side and the user side of the market. As of the first half of this year, it is estimated that more than 70% of the world's pure electric vehicles are manufactured by domestic companies, and the 70% share has soared by almost half. Because of the sudden emergence of Tianchi technology this year, the rise of Tianchi has contributed the most weight.

In terms of equipment energy storage, domestic Ningde Times, Biyadi, Ganfeng Lithium Industry, etc., the production capacity of energy storage equipment also accounts for more than 70% of the world's market.

Finally, from the final consumption of clean energy to the production of the supply side, there is usually a relatively long-distance power transmission problem, and the power needs to be delivered to consumers in the metropolis from thousands of kilometers or even tens of thousands of kilometers away.

The power transmission system is a key technology, and the super UHV technology is the core technological innovation. The domestic smart grid system with four verticals and six horizontals already has grid transmission between the east and west of the whole country.

However, the problem that renewable energy is facing now is that the output of power generation is unstable, which creates a contradiction between supply and demand and the need for a stable power supply at the consumer end. For example, photovoltaics cannot work at night, but electricity is also needed at night.

The solution to this contradiction is to organically adjust a number of different clean energy sources according to the situation and local conditions, such as hydropower, nuclear power, etc., and the longer-term strategy is to implement a super power network system on a global scale. Realize global power interconnection.

Many great things have been done over the years since the opening of the road.

Once the global power network is interconnected, the major time zones of the earth, in the desert Gobi and other uninhabited areas of several major states in the world, such as photovoltaics, wind power plants, etc., will be clearly arranged, and the major time zones will alternately supply each other. The power grid can solve the contradiction between supply and demand of clean energy by using UHV technology.

The so-called carbon standard is not in carbon at all, but in electricity, perhaps it should be said to be electricity standard.

The current global oil trade is as high as several trillion US dollars every year, and the future electricity trade is also in the order of several trillion US dollars, and this matter leaves the Greater China region, and no one in the world can play it.

Therefore, no matter how the Net Zero Financial Alliance does not like it, it has to invite Tiansheng Capital into the group to cut a large piece of the cake. There is no way.

In this big wave of the energy revolution, having a ticket means to achieve industrialization, and only after industrialization can we be able to make adjustments to the energy structure.

But here comes the problem. For countries and regions that have not yet achieved industrialization, they still use fossil energy to adjust their energy structure in order to cope with climate change.

So the carbon tax came into being.

The so-called carbon tax is an additional tax levied according to the energy used in the manufacture of goods in the country where the developed countries and regions import goods.

If clean energy is used, then the carbon emission tax is zero; if traditional fossil energy is used, then an additional carbon emission tax will be levied, which is not low.

In the underdeveloped countries and regions that have not achieved industrialization, all they can do is a little low-end industry, mainly relying on cheap labor and low profits. In the past 30 years, China has relied on this path to finally realize industrialization. Capital for the transformation of civilization and ecologicalization.

If the carbon emission tax is implemented, the countries that have not yet achieved industrialization will not be able to adjust the energy structure, then the advantage of cheap labor is meaningless. A carbon tax enterprise has no profit and cannot survive, then the low-end industry will not be able to keep it, even more so. Stop talking.

In other words, for countries that have not yet completed industrialization, it is no longer feasible to learn the way of the rabbit before, and the carbon emission tax has completely blocked this way.

Because the carrying capacity of this car is limited, it is impossible to satisfy everyone's comfortable life with the current level of human productivity. It has a population of about 2 billion, and a guy in Greater China will get 1.4 billion in the car.

Since the beginning of last year, the trade war has been going on for so long, and Ami has used all kinds of methods to greet her, but she still can't stop it, and secretly has to accept the reality.

Although it is very uncomfortable and overloaded to squeeze in such a big man, it is still possible to live a comfortable life, because this energy revolution can reduce costs, coupled with the development of information technology, 5G, AI and other technologies can also tap part of the productivity. In other words, it can also increase a group of people to live a good life, so it is still affordable.

But really no more!

If the people in the back want to continue to get in the car, it means that the people in the car will be kicked off. Of course, the people in the car are unwilling, so they must directly weld the door to prevent the people in the back from getting in the car.

In the world of involution, the game of stock is so cruel.

Before the productive forces have been further developed, and the revolutionary technology has not been broken through, it can only be rolled up.

The whole world knows that industrialization is the only way for a country and a nation to become self-reliant, but this stock world is becoming more and more convoluted.

If the big stick of carbon tax makes countries and regions that have not yet achieved industrialization cut off from relying on cheap labor and low profits, then the move of the global minimum tax rate of 15% makes it impossible for them to upgrade their industries and make high-profit products. , that is, blocking the way to develop industrialization by taking advantage of the low tax rate.

Low profits and low tax rates are blocked at the same time!

The so-called 15% principle of the global minimum tax rate, that is, it must be a company with business abroad, and the profit of a company with a global turnover of more than 750 million euros exceeds 10%. If this condition is met, the company has business in a certain country or region. , but the corporate tax rate in this place is only 10%, then the home country of the company will impose an additional 5% tax on it to make up for the difference in the world's lowest corporate tax.

Now the world's large multinational giant groups like to move their headquarters to low-tax areas, such as the Open Islands, Bermuda, etc. Once the principle of the lowest tax rate is rolled out, a large number of multinational giants will move from low-tax areas and return to their own. Home countries, this will also have a huge impact on those so-called tax havens.

All in all, once these two tricks are used, it is basically the rhythm of completely welding the door. If you are not in the car, you will never have a chance to get in the car again.

This minimum tax rate principle has little impact on some domestic companies undertaking industrial upgrading. For example, companies in the chip industry have strong tax incentives, but these companies’ business is in Greater China, and overseas revenue can be ignored. Although the tax rate for these companies is lower than 15%, it will not be materially affected.

The huge market size of Greater China is a major advantage, and it is also the confidence. These companies can grow by relying on the domestic market. They can basically grab the domestic market share of foreign companies in the industry. They are basically the top of the industry. Can't grab market share, so don't need to rely on the global market, which is very critical.

It is worth mentioning that the principle of the lowest tax rate has no effect on Tiansheng Capital, because the company is not registered on an offshore island, it is registered in Ningzhou, and the tax rate paid is far higher than the 15% global lowest tax rate. standard.

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