Let’s look at a couple simple things that getting rid of oil production would impact. (and keep in mind I’m keeping this short because typing on a mobile device sucks)
1 - price of electricity would go up (due to fuel costs) 2 - price of concrete would go up (due to both carbon usage and energy usage) 3 - price of steel would go up (probably way up due to the energy Use) 4 - price of plastic would go up (because of higher material cost)
Other third-order effects would happen too:
5 - price of food would go up (because of higher fuel and material cost) 6 - housing costs would rise (due to energy costs and things like PVC which make up huge portions of any modern plumbing system) 7 - inflation would rise (due to energy, food, and materials price increases)
And it just gets worse, hitting those on a budget or low income especially hard.
Again, the ideas may be laudable, but changes like this take decades - like 5+ decades, not just one or two.