...yea, too little, too late, in a highly ineffective manner. We're not going to consume our way out of climate change and that's all VCs are capable of doing. In fact our addiction to managing our society via consumption is very directly related to ongoing climate change.
You want to know what would actually look like addressing the problem? Paying poor countries to not build coal plants. Blowing up infrastructure. Etc. Reduction of emissions is the only thing that matters at this point.
> So that they can be replaced with cleaner power or just to bribe people into staying poor?
This is a straightforward wealth-transfer. It is up to the recipient to decide how they want to use it, but it should be noted this is attached to a statement to not build coal plants. Given the obvious correlation between energy production and economic productivity this should work out ok as well as delivering a long-overdue balancing of power among economically disparate peoples. The last effect is why I know this will not happen until it is too late (probably already).
> So that people starve to death?
That's coming regardless. Nonetheless, strategic targeting should avoid this.
You should probably stop reading whatever it is you're reading. Your thought process on this matter is bordering on zealotry. You just suggested destroying infrastructure, which you acknowledge will starve thousands of people to prevent climate change. When questioned on that, your response is that they will die anyway.
[1] https://www.verdict.co.uk/climate-tech-investing-dominates-v...
[2] https://www.pwc.com/gx/en/issues/esg/state-of-climate-tech-2...