CGTN Europe spoke to Milton Chung, Global Chair of Baker McKenzie, at the World Economic Forum in Davos.
Category
🎵
MusicTranscript
00:00Energy prices for European industry are nearly double those in the United States and China according to the International Energy Agency
00:07It says that without low cost and reliable clean infrastructure a continent will remain behind
00:13Milton Chang is global chair of international legal company Baker McKenzie. He's been speaking to CGTN
00:20There's a lot more. There's a lot that's been done. There's a lot more that needs to be done and the opportunity for
00:26The green economy is this is runs into trillions of dollars last year in 2024
00:32The level of state support for green programs was unprecedented
00:38Yes, there were some times where project deployment may have been slower than people wanted, but the opportunity is that the need is there
00:47and
00:49Going forward, you know, I think we're hoping and expecting that there'll be even more state support
00:53Coupled with even more private sector investment in this area