baha wrote:In the end, I think govt incentives and mandates are just there to give momentum. The economics takes over before the mandated time and it all happens automatically. At least I hope so

That seems right to me. A big CO2 tax on transport fuels would help give it a "kick start" and ramp up much more quickly, instead of all the dilly-dallying around. (Which makes AGW worse, cumulatively, over time, each year we do that.)
The thing that really aggravates me about that is for all the complaints about it hurting the "poor", and killing the economy, etc., those issues could be heavily remediated. So there's no excuse, except politicians pandering to the FF and ICE lobbyists.
Example 1: There could be an annual tax credit for low income taxpayers. Or there could be some kind of federal gas debit card, for poor people to get the CO2 tax on gas/diesel back right away (for those who cite cash flow problems) -- but I see lots of black market dealing in such cards, without adequate controls. One control would be to strictly limit the amount the card could be used (i.e. 300 gallons of fuel a year), to help motivate the reward being for FRUGAL use of transport fuel in a fuel efficient car, and of course prevent the card from being sold to idiot X who wants to burn 2000+ gallons of gasoline a year commuting.
Example 2: For a big FF CO2 tax, expected to bring in a lots of revenue, some sort of lowering of the lower to middle class tax brackets could be done to shoot for revenue neutrality. This way, the better off folks have only the direct incentive to consume less to much less, but the everyday J6P family who is supposedly struggling as the incentive without paying more taxes, UNLESS they consume a lot of FF's.
The disincentive to purchase a big truck or SUV which hauls mostly one person and rarely goes off road would be gigantic. The person who bought an EV or an efficient PHEV would see a huge savings. And such cars are becoming reasonably available used, and this will get better as time passes.
And except for crying from the auto and oil businesses, net, the economy should see little harm, and in reality, probably benefit over time via greater efficiency.
But we can't or won't do that, as we have so little REAL leadership or vision on Capitol Hill from EITHER major party. This isn't a party issue -- it's a captive stupid politician issue.