> ... celebrating Iceland's decision to not ...
Okay, but you're celebrating make-believe virtues. Iceland is also not destroying its tropical coral reefs. That sounds nice...but it has none. Nor any sort of tradition or incentive to try doing that.
The US coal thing is all about widespread memories (and myths) of sustained good economic times, in large areas of the country which now feel destitute. Millions of voters feeling that they have no future. If not that the elites want them to hurry up and die.
To paraphrase Munger - if you want different outcomes there, then you need to change the incentives.
