I'm glad we agree that fossil fuels were necessary. It has nothing to do with "shareholder value" -- it has to do with minimizing human suffering.
Also, it's noteworthy that US emissions peaked in 2007. We're down ~20% since then. The world is absolutely addressing climate change, and the worst case scenarios have already been avoided. Faster would be better but we're moving reasonably fast.
The reason other countries are able to move so much faster than the U.S. is because parties that have power in the U.S. push back with economic concerns. The distance between "shareholder value" and "stock market performance" is miniscule.
We can have our cake and eat it, we just need to transition to cleaner forms of energy. Which we are doing.
Look at the headline. Res ipsa loquitur.
They told us to deny the evidence before our very eyes.
Do you have a source on this?
Anyway, here's new research demonstrating the near polar opposite of the original claim, in case anyone digging up these old threads was also wondering if slibhb's foundational arguments held up: https://www.researchgate.net/publication/389855619_Global_Wa...