Doesn't this avoid the core point of decarbonising the economy? Rather than getting Chevron to limit emissions, we need them to cease emissions. Which for an oil company means find an entirely new line of business - hopefully something like renewables - or cease to exist. Allow a tiny few to continue for the purposes of creating plastics we can't easily substitute by something else. Yes, that expects and requires far-reaching regulation.
Continuing to exist, and emit, just a bit slower is only delaying climate impact, and by a tiny amount.
Continuing to exist, and emit, just a bit slower is only delaying climate impact, and by a tiny amount.