If politicians start thinking the world doesn't work in supply and demand, the end is near.
pragmatic decisions mean being ahead of the curve. Talking forever and making stupid laws + feeding politician friends with tax money will be the same effect but 180° + behind the curve.
Do we want more energy? Build it. Do we want energy storage? Build it.
IMO all western states are overcommitted to old technologies/ infrastructure. From telecommunications, cargo, and transportations up to the energy sector.
Using it to the end is cheaper than renewing it. Renew means pay it twice. If at the same time technologies transferred "for free" means again be behind the curve.
Now to think "we want it, that's why it works" never works.
It's like printing money or increasing taxes to pay the bills. It doesn't work too. That doesn't increase productivity at all and makes every citizen poorer than before.
IMO nowadays political doesn't understand simple economic mechanics. That will make the Bill at the end horrendous high.
Btw, investments in the energy sector would be IMO really bullish, if it not would be overregulated around the globe.
Yes, the energy sector needs a lot of innovation. I think we should get back to the Adams Curve:
https://www.lesswrong.com/posts/Ck5cgNS2Eozc8mBeJ/a-review-of-where-is-my-flying-car-by-j-storrs-hall
Let's hope BTC (mining) incentivizes energy entrepreneurs to innovate in this crucial industry. Politicians won't rescue us...