It is necessary to find cost-effective ways to replace coal with renewables or to be able to use coal and lignite in a climate-friendly way (clean coal technologies, methanol economy, carbon capture, storage, and recycling) to make decarbonization not only an alternative for rich countries, but a truly global option.
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There is no transition. This is “all of the above” i.e. build more of everything, green or dirty, the only goal is growth.
What if we could keep doing exactly what we have been doing for the past 150 years, but we just reframed the externalities into a friendly sound byte, and also lobbied the government to make us exempt from the environmental regulations that were targeting us?
This is environmentalism in Late-stage-Capitalism.