Victory for Winners is Not Always Constant

In large countries, economies, geographies, and power systems tend to be more complex. Thus, big countries have both renewable and fossil fuels and more probabilities of gravitating towards the center of the index than towards the bottom.

Some, in particular, Australia, China, Russia, and Britain, have big fossil fuels, whereas Japan doesn't and only imports fossil fuels. This ensures that Japan would lose a large pressure both o....