But based on a recent analysis, we argue that high-income governments need not worry about triggering these financial losses. That is because most hits from stranded fossil fuel assets—lower production volumes or sales at lower prices than investors expected—would fall primarily on the wealthy members of these countries. That ain’t most voters.
This article seems ignorant of the fact that policies in western "democracies" don't follow voters but money, partly because companies and shareholders have enormous power and sway over elections, and also because that wealthy class makes up most of the political class.
Like most neoliberal slop, there's no analysis of power and an assumption that the entire system can be trusted to work as its own propaganda says it should.