Snapshot · The Rest Is Politics
Global investment in solar and wind is now twice the amount being invested in fossil fuels, with most fossil investment going to maintenance of existing infrastructure.
Where this was said
At 36:15 · chapter starts 33:05
Jørgensen offers two sharp case studies of how the green transition fails politically. [1] — Dan Jørgensen "Spain was hit hard by gas dependency in 2022 and has since shifted heavily to renewables — its citizens see cheaper bills and back the tran…" 33:10 The French Gilets Jaunes protests were not a revolt against fighting climate change — they were a revolt against rising personal costs. Similarly, in Sweden, young voters in the most recent election backed right-wing parties not over immigration but over fuel taxes, despite Sweden being the home of Greta Thunberg. The lesson he draws: populations want to fight climate change, but not if it visibly hurts their own finances. Politicians — including himself, he admits — must therefore use every available tool to align individual financial incentives with climate goals: lower taxes on electricity, invest more in grids, subsidise energy efficiency. The political will is there in principle; what's missing is the courage to match pricing policy to stated objectives.
Spain was hit hard by gas dependency in 2022 and has since shifted heavily to renewables — its citizens see cheaper bills and back the transition. Italy remains fossil-dependent and pays high prices. The contrast shows that the green argument wins where people experience it, not just where they're told about it.
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