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is not the goal implied by the proposition offered in this article or indeed the supposition, GREEN NEW DEAL. Certainly self sufficiency appears to be an inappropriate attitude for integral regulation of international investment and capital formation. Please, elaborate.
"Leaving fossil fuel subsidies alone" is the null hypothesis of government policy for a large number of nation-states, irrespective of the Paris accord. Adding discriminatory incentives (commercial or transfer payments) to fossil fuel preference policy has not produced statistically significant change in rates of adoption of alternative fuel industries (upstream and downstream) over the prior 40 years. Controversy in Germany over coal, nuclear decomission, solar FITs, LNG FDI is one highly visible case study on point. USA commitment to any is simply incoherent and disregarded.
Setting aside tendency for misplaced precision in industrial surveys and research bias manifest in select regional output surveillance and crazy IMF USD debt marketing to sovereign governments to fund fossil fuel subsidies, over all, PPM has increased to 413.
I infer, "leaving fossil fuel subsidies alone" neither impedes production and consumption nor facilitates alternative fuel production and consumption. I conclude: fossil fuel subsidy is a barrier to goal attainment.
Diversity is the key to economic and political evolution.
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