Yep, taking things slowly (or doing nothing) has backfired badly. In the US they need, and are aiming for, 50% reduction in CO2 by 2030, and 80% reduction in the leccy generation sector. That's a massive challenge, but of course whilst we could have done things slow and steady if we'd started 30-40yrs ago, now it's all hands to the pump, just to reduce the terrible damage and consequences that are now unavoidable.
At least economics is now on our side, with new coal generation in India expected to be uneconomic and a stranded asset by the time current construction is completed. Private financing has now dried up, so construction is only possible with government support.
I assume that the same now applies in China, though to be fair the central Gov is trying to halt coal expansion, but regional powers are still trying to power grab, in more ways than one.
Be nice if the UK Gov expands the size of the 2021 CfD auction pots, and a shame they have dropped the PiG for new BEV's, but tbf the tax incentives for BEV company cars are a massive driver for BEV rollouts, so that's good.
Fingers crossed the Gov will stop playing green, and start acting green. Removing support for blue hydrogen with it's horrific levels of CO2e emissions, before that industry can get a foothold, would be a start, but thinking that the Tories might remove money making schemes for the FF industry ....... now I know I've gone crazee.