> In addition to being cheaper...
It might even be cheaper, we're looking for the tipping point. But if it is actually cheaper to get power from solar energy, people will just switch to it at high speed. The reason the world runs on something like 80% fossil fuel is because solar has, so far, manifestly not been a cheaper source of energy than fossil fuels.
If you ignore the fact that people would have to go without energy then sure, it'd be great. But the practical reality is the downsides of oil are much smaller than the downsides of not having cheap, accessible energy. Which is why the world persists in using coal and oil.