Unquote "enormous", plz. There was some recent study which concluded that if all (externalized) costs to society were folded into the price of products, then b

Unquote "enormous", plz. There was some recent study which concluded that if all (externalized) costs to society were folded into the price of products, then basically all fossil-fuel enterprises would be unprofitable. That's not even comparing against alternatives. Just [benefits - costs] expressed in $. Of course one could argue a lot about the details of such a study. But... here we are in '23 with oil companies raking in record profits. And using those to pay dividend to shareholders + infrastructure investments to keep oil & gas flowing even longer. As opposed to investing that windfall into speeding up sustainable energy transition. That's a 'bit' of a discrepancy, to put it mildly. Only glimmer of hope I spotted is that exploration for new oil fields seems to be slowing down. In laymans terms: known reserves are big enough given CO2 budgets imposed by various climate accords. No need to explore eg. the Arctic any further. Expect a lot of currently known fossil reserves to remain in the ground, even if (ignoring externalized costs) pumping those up would appear profitable.