In the corporate world you don't get to blame market conditions for the lack of performance in a leadership role.

That's what the high pay (generally) is for.

Profit miss for the year? Didn't hit the sales target?
You're usually shown the door.
And someone else is brought in.

The whole point is to find success inspite of external factors.

So California leadership blaming climate change and the like is silly. You're aware of the market conditions, so find a solution. 

If they can't, show them the door.
And bring more capable ppl in to do the job.