A “New Deal” For Energy
For the purpose of this post, I see the original deal of cards for energy in the allocation of fossil fuel reserves. Saudi Arabia got a couple of aces. Japan has been much less fortunate.
The point is that after the transition to renewable energy, each country will be responsible for their energy base. If you invest a lot of money in renewable energy infrastructure, you will end up with more energy than a country that continues burning fossil fuel.