I see the point behind the opposition. Global Warming by humans is a fact and we need to address it. The oil industry has benefitted from favorable market conditions and subsidies for many decades. It is also on a position where additional research is not needed to make it a viable fuel. As such, investments in renewable energy sector are necessary. Not just to bring the sector up to parity with the oil industry marketplace, but to also put it to a point where it can effectively price it out. This is important not just as a a matter of policy, but as a matter of survival of our species.