[seoaeu]

Climate change will also disproportionately lower income households.

> perhaps we innovate on making its extraction more eco friendly

Wait what? Fossil fuels will never be eco friendly. The best thing for renewable energy is to be more economical than their competitors, which is far more achievable when oil is expensive. It should be obvious that oil prices doubling do not cause electric cars or solar panels to double in price, even if they do become slightly more expensive.

[annexrichmond]

Well that's just false. As of 2020 US reduced its emissions by over 20% below 2005 levels which was mostly due to fracking natural gas instead of coal.

Not saying that's all rainbows either but you're suggesting there can't possibly be any improvement here. Sounds like a bad bet.

[seoaeu]

You claimed that the best way to make oil consumption more eco friendly was by reducing the environmental impact of extracting it, rather than letting high cost motivate consumers to switch to renewables. Now you've backtracked to supporting natural gas to replace coal. It is true that switching from coal to natural gas is a big win for CO2 emissions, but there are clear diminishing returns on that. Since 2005, the US has already gone from 50% coal power to 20%. The problem is that our current levels of oil and natural gas consumption are incompatible with hitting emissions targets. The mere act of burning those fuels at the current rate already puts those targets out of reach -- before even considering the cost of extracting them.