The US is just choosing to make a huge mistake and not participate in growth markets like clean energy, etc.
Fossil fuels losing economic viability is a small light at the end of the tunnel. But even that may not help if politic is making bad enough laws.
Coal plants may still be getting installed, but relatively(!) little coal gets burned in them, because PV is just so much cheaper these days.
EV transition is also a big deal there. For all that the American (and European) car industry complains about dumping, the Chinese just buy those same EVs without any of the tariffs adding to the prices.
Practical issues remain with emissions due to metal refining, but those seem tractable, and solutions are already getting deployed outside research labs.
Still, big unsolved issues remain with emissions from concrete (IIRC the work there is currently lab research), and the scale of change needed is ~"everything everywhere except *grassland*" or ~"everything everywhere except North Korea".