What I think is fascinating is the AOC's of the world are insisting that the Government intervene immediately. It is of national importance! Meanwhile, their solutions are uneconomic, expensive, and push more power (and graft) to Washington DC.
Meanwhile, the economics of the private sector are moving in exactly the same direction, in a persistent and consistent fashion. Yet that move "isn't enough." So DC needs to get their dirty hands in the middle of it. No thanks.
Utilities are quickly and dramatically reducing their carbon footprint along with all other pollutants that they emit. I sometimes think that the environmentalists are desperate to "do something immediately" before the population realizes that the problem is solving itself by the best possible method - rational economics that increase the capacity of the cheapest form of new energy today - renewables.
Can't have that. "What would happen to our opportunities for power and graft?", asks the typical DC politician.