There's a global war on, we're not going to be burning less Jet A or Diesel any time soon... The left will not be able to disengage from Iran no matter how much they want to now because of the ramifications of the IRGC controlling the global oil supply. Along with that, because prices are high companies and nation states are hyper incentivized to drill more to try to get as much oil as they can since it is scarce, so it's not like we're going to stop exploration now.
The high prices might deter some use, but probably not as much as we'd need. But yeah, the day Russia invaded Ukraine most of my dreams of decarbonization evaporated. You can't fight a war with one hand tied behind your back - and it's only gotten worse since then.
Now, electing the Dems might staunch the bleeding some, but this is going to get much much worse before it gets better. Bear in mind that a ton of people are likely going to starve as a result of the increased gas prices? So there's that too... The whole thing is a mess.
Now, what to do about it? I don't know, I live in Alaska, my state will probably come out better from this whole mess on a 30 year time horizon? But I expect the salmon runs to be much smaller and the forest fire season to be much worse year after year. On the bright side, we might end up solving a lot of chemistry and health issues with the open fold stuff, and we might get cheap access to space, which could change things a lot? But things are going to be quite weird.