“…Since the late 2000s, a growing chorus of academics and movements have been suggesting that wholescale energy transitions, on a timeline and carbon budget consistent with maintaining a habitable planet, require a managed decline of fossil fuel production. Building on decades of community resistance movements to fossil fuel extraction and nongovernmental research and advocacy (Carter & McKenzie, 2020), academics are now calling for policies that restrict the supply of fossil fuels and support renewable energy transitions (Erickson, Lazarus, & Piggot, 2018; Frumhoff, Heede, & Oreskes, 2015; Green & Denniss, 2018; Muttitt, 2016; Muttitt & Kartha, 2020; Paul, Santos Skandier, & Renzy, 2020; Piggot, Erickson, van Asselt, & Lazarus, 2018). Importantly, contributors to this approach do not reject demand‐side policies outright, but they do argue that green capital approaches alone have proven vastly insufficient to meet the scale and scope of the climate challenge ahead of us.…”