I think a lot of people actually dont realize the value it gives humanity. Lots of people think we would have been better of in an alternate universe where we never discovered oil & gas.

How is this short therm value for people using them? They are drivers of the most fundamental stuff in our day to day lives. Either enabling billions of people cheap efficient transport, efficient agriculture producing cheap food, cheap and efficient global shipping of goods, a great portable and ajustable source of electricity.

I think as of now its a question on how much you are willing to sacrifice human welfare over preserving current nature/environment. Extreme weather has largely been solved for humans, the trend is still less death and starvation caused by extreme weather, we are immensely adaptable and resilient.

Im not sure our current pace of reducing emissions is that horrible. There are reasons to why it takes time. I might be too optimistic, but I think we will largely solve human issues. Nature as you point out, im worried about, although I know less about. And its hard to quantify what the value is for us.

The second most expensive source of energy is misleading in terms of whole picture. They are using a theoretical cost per kwh generated. You have to account for the much higher infrastructure and systemic cost of electricity generation you can not control (wind/solar). You cant simply use wind or solar without pairing it with an controllable source like hydro, gas, coal or batteries. Which is why the world is still very much using gas and coal (and still building more). Renewables are a cheap and good supplement to these sources, you just cant replace them cheaply (yet).

Regarding "the most subsidized industry worldwide", this wikipedia article does not mention any tax revenue and taxation of these companies. Which are stil very often government cash cows and often pays much more taxes than other corporations. The subsidies are straight to citizen's gas tanks and heating bills.

"Subsidies are mainly on consumption,[3] such as a lower sales tax on natural gas for residential heating; or subsidies on production, such as tax breaks on exploration for oil."

In my country Norway for example, we have tax breaks on exploration to incentivize investment in exploration, but you have to take into account that these companies have an 80 corporate tax rate! In many petro states they are straight up nationalized companies.

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Thats not true. We don't know if we would be able to be were we at.

There is also no value in this. If we owuldn't known about progress through oil and gas, who would say that we would be unable to get to the same point just a 100 years later?

No own would be hurt if we would have achieved this 100 years later but healthier.

It was also ignored on purpose. Oil companies knew very well, researchers knew. Apparently there were big demonstrations here in germany in the 70ties so our parents knew too.

Life came inbetween apparently.

And from a pure calculation point of view: Its actually very easy to switch over to renewable. As of today, we do have everything we need.

The only thing missing is people doing it.

And just to be clear: it would repay itself.

How much extra investment to you think green tech companies get for pension funds excluding investment in this sector? They also only invest in publicly listed companies, not green startups. To me it seems like the exclusion is based on them viewing it immoral to invest in these companies..

I think the right way to go about this is to tax consumption of fossil fuels in countries where we can afford it and use the money to subsidize green tech/industry.

Slavery is evil. Fossil fuels is actually still a net good for humanity. E.g. the consequences of removing access to these energy sources, would be overwhelmingly more negative for humanity right now, than the consequence of global warming.

The transition is moving ahead, it just takes time, and we need more technological breakthroughs and innovation. Trying to attack production instead of solving demand, can cause serious consequences, in which the poorest countries in the world would suffer the most.

We do want to buy it from the Gulf. It’s just that a certain country started a certain war and this is now off the table.

I think Europe happily buys from the Gulf currently, and reluctantly buys from Russia if they have to.

Its more about being self sufficient. This is something that can easily be weaponized against us. E.g. Russia using Europes own money to finance their invasion of Ukraine.