So would greater incentives and regulatory restrictions, but many governments have been unable to enact much of the necessary legislation.
But in the meantime, the world has barely begun to wean itself off fossil fuels.
Whatever the long-term future of the planet may be, short-term bets on the dirtiest fuels — in more polite language, the most carbon intensive — are paying off.
But every single one of those coal-mining companies rose at least 145 percent in the stock market over the 12 months through Thursday.
Preparations are underway for a starting in Glasgow on Oct.
Also, these companies are firms with a majority of revenue in the last twelve months directly derived from mining, lending, transactions in Bitcoin, or manufacturing Bitcoin mining equipment.