Getting rid of oil and gas would only set us back a century or two. From Ronald Stein at lewrockwell.com:
As late as the 1800’s, the world was “decarbonized” as there were no coal or natural gas power plants, and what the Beverly Hillbillies situation comedies of the 1960’s theme song called “oil that is, black gold, Texas tea”, had not been discovered as something that could be manufactured into usable products.
Before the 1900’s life was hard and dirty, and most people never traveled 100-200 miles from where they were born, and life expectancy was short. Today, crude oil is manufactured into all the products used in the medical industry, fertilizers, electronics and more than 6,000 other products that are the basis of lifestyles and economies.
Now, worldwide efforts are in place to have electricity generated by breezes and sunshine to decarbonize the electricity being generated by coal and natural gas. The “other” fossil fuel of crude oil is caught on the chopping block efforts to eliminate ALL 3 fossil fuels, but crude oil is seldom ever used for electricity generation!
Saule Omarova, who withdrew as Biden’s nominee for Comptroller of the Currency, wants coal, oil, and gas industries ‘to go bankrupt’ is a reflection that she is either oblivious or ignorant to how life and the economies of the world were before 1900. The world had no coal and natural gas generated electricity, nor any of the products, nor fuels manufactured from crude oil needed for airlines, ships, and militaries around the world, as none of those existed before 1900! Had she been confirmed Saule Omarova wanted to push the world back to those decarbonized days of the 1800’s.