I was just at a conference where a bunch of utility CEOs gave speeches saying that if the govt wouldn't provide them guidance on a clear pathway to full decarbonisation, they would just figure it out themselves.https://www.afr.com/news/business-to-go-it-alone-on-energy-climate-policy-20181010-h16gbv …
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Why does this sound more like an eco papal indulgence than an actually constructive policy?
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I have more loyalty to Google than I do to America or Russia precisely because of stuff like this.
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Who the hell else in the current national leadership environment is going to do it? CA can only do so so much as a single state, even if it is the number 5 economy on the planet.
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And/or insulating themselves from political/climate-related infrastructure disruption
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It's actually remarkable -- the wind power tax credit costs about $3b a year and the electric car credit less than $1b. Phasing them out is the biggest false economy in history.
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Naturally, since many governments are so incompetent ....
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