That plans has a number of non starters, like cap and trade, sure lets go get the whole world to participate in it. There is no fair way to implement it. If you use current levels current bad actors like china are rewarded. If you use by population again china is rewarded, and the US would be massively penalized.
Prioritizing renewable on the grid means the least agile generators (who are also the cheapest) get the short end.
Government guarantee's for private investment is broken by design, if your going to subsidize rewards they might as well do it themselves as gov capital is cheaper. To do otherwise just pushes business to game the system.
Their plan fails at rapidly increasing the standard of living of a massive amount of the worlds population. To do so we need a LOT of cheap energy production, it's not enough to keep the status quo the third world needs to come up while we keep growth in the first.