because their power of authority is based on the strength of the economy

Yeah I feel like this is the biggest open secret we never talk about. Like ideology is just a lie, like a nursery rhyme we repeat to keep calm, but completely irrelevant in the face of how well people are doing economically.

But it's been shown that a serious green new deal or "war economy" would be great for the economy. Just not for the pocket books of those who own "the world" like factories or are part of the value chain that is based on either fossil fuel or industrial processes that emit greenhouse gases otherwise.

Basically we could have looked at the previous investments and business value that would be lost or be "redistributed" if we had adapted. Like every long term investment in the world is at risk. It could be in the order of the value of the whole world, and that's the "power" this idea of climate adaptation was up against.