Comment by lyschoening

The more accurate scenario is one where they drop everything and rapidly switched to synthetic fuels and chemicals from solar, which initially would be prohibitively expensive. Would they do that, they wouldn't sell anything as they would bankrupt their customers, lest they ate some of the costs themselves until their customers had time to adjust. That scenario, while still being hyperbolic, is in essence what we need to see. Big Oil needs to shrink; their prices need to cover the cost to society, their products need to be used less and they need to spend a whole lot of money on cleaning up their mess.