Canada expects to announce this week that all new cars will have to be zero emissions by 2035, a senior government source said, as Ottawa is set to unveil new regulations in the latest example of countries around the world pushing for electrification.
The ‘stuff required’ (political, infrastructure, bureaucracy, etc.) is unfortunately at odds with unrestrained capitalism. While it would be lovely to have everyone deal with a modest car and a modest house, companies will do everything they can to lure customers to a more luxurious offering; and the customers will work themselves into an early grave to be able to afford it.
I don’t care about grand narratives of economic ideologies anymore, but I wouldn’t call corruption capitalism. Apart from all 18th and 19th century ideologies being unfit for 20th to 25th centuries climate change mitigation and resilience, a few countries being held back by decadence will not stop change, as we have seen with the PV industry.
Scheming this into Cold War-style binary thinking of Socialism/Communism vs Capitalism is insufficient. We will have achieved either parts goals and the planet turns into a hot desert.