That sounds like a very reasonable argument but I fear everyone has such an excuse. The other sides have their own arguments. The poor will find it more just that they can get the corresponding funds. The richer without labour laws do not value them and will likely not care about the consequences but will findbthemselves worthy of the corresponding funds.

Net result: everyone keeps pumping oil, the price is low, renewables are less attractive.

The solution is to "just stop oil" regardless of the merits it has so it becomes increasingly attractive to find alternatives even in tougher sectors.

environmental regulations

LOL. Good one. Those toxic "ponds" at Fort Mac are lakes of VOCs. We ruin water and burn gas on every barrel of oil extracted,