China's electrification, renewables, and infrastructure trajectories mean coal demand is going to plummet, and emissions with it. The USA? Not so much.
Good strategy starts with a hard-nosed acceptance of reality, as Richard Rumelt points out, and US domestic climate policies — I’ve read, assessed, and published regarding most of them — don’t start with reality, they start with mythology and aspirations. They are feel-good documents. Only starting based in reality leads to policies and action plans that will actually lead to positive outcomes.
·3 months ago