Even if prices of renewables are dropping, a carbon-pricing is still required to disadvantage cheaper oil and coal competing with renewables.
Until now, attempts of carbon-pricing have been light, as heavier penalties could hurt the poor. As a result, corporations just passed the cost of these regulations onto consumers, without reducing their hydrocarbon consumption.
These attempts of carbon-pricing are being tweaked in order to bring results. Will it ever work without a spectacular increase of the carbon penalties… at the cost of derailing the economy?