I, for one, have never recommended doing nothing. The focus should be on reducing harmful emissions which affect people's health, improving the environment by planting trees, tackling the problem of excessive plastic and toxic waste, protecting people's lives and property through better water management and control of floods, creating more inland lakes to take advantage of the increased precipitation due to warming, which will also lower the rate of sea level rise by 'trapping' the water on land; surrounding new coal-fired power plants with real greenhouses to take advantage of the benefits of the CO2 emissions, and so on.
Spending trillions on the transition to renewable energy, which has already had the effect of significantly raising electricity prices in Australia and elsewhere, such as Germany, makes such projects I've listed above less likely.
Our Democrat candidates for president running for the 2020 election want America to spend trillions of dollars on "green". Sanders, the most generous, wants to spend $16.3 Trillion dollars. By comparison, that's more than 3/4's of the entire US GDP for a year. That's more than the combined GDP of Germany, Japan, Italy, France and Britain. It's about a dozen times your AUstralia's GDP. The amount boggles the mind and rattles your pocketbook.
Beside all the spending on the programs you mentioned, think of all the money not spent on other things like cancer research, feeding the poor, housing the homeless. creating a national health program for everyone, etc. There's no discussion going on about this. We're going off hell bent on spending money without any thought of allocations. It's about politics.
Meanwhile, the US Federal government's deficit is already $1.07 Trillion dollars just for this year. Our debt is over $22 Trillion. Too bad we can't create electricity like we print money.
