The fundamental problem is that green energy is too expensive, which is why it will need billions in subsidies the next two decades. Instead of making more failed promises to pay ever more subsidies, we should spend the money on research and development of the next generations of green energy sources. If we can innovate the price of green energy down below the cost of fossil fuels, everyone will switch, including China and India. Economics confirm that for every dollar spent on green R&D, we will avoid $11 of climate damage.