The power dynamics behind the world’s green transition

Subtext by Zerodha · Sep 17, 2026 · 1h 8m

We cover:

- Why every wealthy nation protected its industries to develop, the reality behind technology transfer in clean-energy joint ventures, and why a "just transition" in India’s coal belt is about securing entire districts, not just retraining workers.

- It also covers the trade-offs between energy and manufacturing sovereignty across the Global South, why Europe's Carbon Border Adjustment Mechanism (CBAM) shifts the cost of decarbonization onto poorer nations, and the asymmetric power dynamics inside global climate institutions.

Timestamps:

0:00 Introduction

0:32 Welcome to Subtext…