Earlier quoted context omitted.
Tangent but: this is also why reducing greenhouse gas emissions is hard. As long as fossil fuels remain one of the cheapest easiest to scale ways to make power, there’s a similar incentive to cheat. If everyone else cuts emissions and you don’t, your margins are higher and you can undercut them. Global reductions require an all-cooperate scenario. Developing nations have the strongest incentive to cheat since they ne…
Agreed - the good news is, in many circumstances renewable energy is cheaper for new energy capacity. As long as regulations move in the right direction, we are likely to see the global energy mix move towards renewable sources over time
Trump did manage to make it more expensive for most of the world, but reversing that chaos is much, much harder.