A capital strike on oil exploration around the world will have the effect of strangling production and driving up prices in the interim period. Grand gestures of virtue signalling might also run up against the realities of Physics and Economics. The Lindy principle would suggest that hydrocarbons won't cease to be useful within the timeframes set by politicians.
look at the trouble they had in France when the leaders got a bit carried away with woke petrol taxing. Yellow shirt anyone? Too complex an issue to think you can legislate an answer.
Britain banning petrol, DIesal and hybrid vehicles form 2035, page-5
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