carbon-free will take a really long time to be cheaper.
As soon as demand for oil starts to drop, so will oil prices, and I suspect they could go down by a factor of 10 or more and oil-rich nations would still think it worthwhile to exploit at least some reserves.
As soon as demand for oil starts to drop, so will oil prices, and I suspect they could go down by a factor of 10 or more and oil-rich nations would still think it worthwhile to exploit at least some reserves.