We all know enough economics and political economy on this board to know that what was needed was NOT governmental pledges, but steadily rising taxes on hydrocarbon burning with the funds directly rebated back to citizens, setting the correct incentives in the correct way to change course. The rebate would have kept the citizenry from having their politicians bribed away from the public good by ExxonShellSaudPutin…
We are now screwed, and no surprise, and the costs will almost certainly far far far far outweigh the supposed economic benefits of hydrocarbon burning.
david fb