[jcattle]

I would wager that investment in battery tech, solar, wind and electric vehicles was largely driven by the trust of companies in institutions that carbon pricing will continue in the future.

I'm not a macro economist, I also haven't looked for any sources on this, but this is my guess.

Same for LEDs. I would guess that adoption, investment and improvement of LED tech was driven in large parts by a clear roadmap abolishing incandescent lighting.