Germany thought they'd have cheap Russian gas from Nordstream. Now they're looking to move manufacturing to the US because energy is too expensive.
Look at it this way, even is CO2 levels are primarily anthropogenic, most of the world isn't willing to do anything about it substantial (i.e. Global South). In which case the Western economies martyring themselves isn't going to change anything.
OTOH, if climate change is not primarily anthropogenic the West martyring itself with expensive green energy decisions is a disastrous mistake.
Global South, i.e. BRICS+, sells and consumes huge amounts of oil.
Russia has proven mineral reserves of $75T, most in the world by a fat margin. If they stop selling their oil they're done, and so are China, India, Japan, and parts of Europe. BRICS don't have the ability to drop oil without catastrophic impacts on their food and energy systems.
>Yikes
Climate science is hard. The margins of error are wide. They already have a track record of being overly aggressive on predictions.
Look at it this way, even is CO2 levels are primarily anthropogenic, most of the world isn't willing to do anything about it substantial (i.e. Global South). In which case the Western economies martyring themselves isn't going to change anything.
OTOH, if climate change is not primarily anthropogenic the West martyring itself with expensive green energy decisions is a disastrous mistake.
What is the game theoretical optimal move here?