Linguistic magic out of the way, let's have a look at why nobody has a serious plan.
Take a deep breath.
Money.
So far governments have pandered to their electorate with the field of dreams approach, make things a bit easy for big ticket renewable schemes to get approval and become financially attractive to their backers.
While this has resulted in a somewhat greener (discuss) grid, it is undeniable that it is less robust. Most of the hard yards in CO2 reduction have been by substituting natural gas for coal, not windmills and silicon. That lack of robustness is a direct function of the lack of storage that the intermittent renewables need, and the inability of conventional fossil fuel and nuclear plants to operate economically as intermittent suppliers. Yes gas peakers can do that reliably, but they cost a lot to operate, $500/MWh (ie 50c/kWh) at the moment is not even break even.
As we have discovered in the past couple of years, if first world governments feel like it they can borrow $100000 per taxpayer to deal with 'existential' issues. This will of course have to be paid off by future generations and/or inflated into insignificance. So how much of our grandchildren's money do we need to steal to stop them moaning about climate change (well, infinite, there will always be a new crisis to solve)?
As of this instant Australia needs about 131 TWh of coal powered electricity per year, so as in that other thread, at $10B per GW for (expensive US style) nuclear or a gas peaker reliant basically renewable system, we'd need 15 GW, or $150B, or another $15000 per taxpayer. So given that we've just spent 5x that on a pandemic which mostly harvested a lot of very old people, money wise it seems doable, for Australia. But... India, China, and eventually Africa will need to also spend that much, and they haven't got the dough. Or the will. If they had the money they'd spend it on something else (hopefully schools and hospitals, not Mercedes and New York penthouses).
Cheers
Greg Locock
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