US Fracking Ban Could Cost The Economy $7 Trillion

@ abstract exchange imagine.

First, your confusing pilot programs with full scale development. Even if there are renewable energies that can take market share from oil and gas (O&G), it's not an immediate deployment. Second, you don't fully understand the concept of what O&G is, because if you did you'd understand that what you're talking about is replacing natural gas not oil, petroleum, or petrochemicals. Third, since your evaluation doesn't consider time scale. You've missed the boat on the immediate impact on a frac ban. The global demand would get back filled with global O&G production. Which would increase emissions since the regulations in OPEC and Russia fields are less than in the U.S.

You either work on green hydrogen or are willfully ignorant to your own reliance on O&G.

The American Petroleum Institute gave very wrong observation about the consequences of fossil fuel bans. This wrong observation is very dangerous, because it can gradually decrease global role of America, and leads America to very conflicted position of energy supply ability-energy demand.
The Democrat proposes quite right direction : transition to renewable energy. It is the only right direction, which can make America again to be great. But it is necessary to emphasise that fossil fuel bans must go in tandem with colossal building renewable energy stations+hydrogen productions factories. So the right strategy is near the Democrat propose, it is : try maximally to use revenues of present fossil fuel to accelerate building colossal net of renewable energy stations+hydrogen production factories in all american territories, and step by step delete fossil fuels stations to 0. The final target of this process is that America becomes green hydrogen exporter. In far future, if people will use more nuclear energy or nuclear fusion energy, then hydrogen is the fundamental intermediate energy carrier for global import-export energy market (global hydrogen market).
I explain why green hydrogen economy is right approach for America to get advantage in the world :
1/ Renewable energy resource is more than enough to power all countries with current developing temp for many years more.
2/ America has no advantage to compete with some countries by fossil fuels, for example Russia. Urge fossil fuels, America will not only harm global health, but also exactly will lose Russia in fossil fuel competing. But if switch fossil fuel competition to green energy competition, than America will have very important advantage, because America has big resource of solar and wind energy . So America must tend the world to hydrogen energy model, in which America can sell hydrogen, as America has advantage in producing green hydrogen. At least, in hydrogen economy, America can always guarantee it green energy leader position. Transition into green hydrogen is very possible, and it will happen. Today many countries regard their idealistic cultures more than economic arguments. It means that just propagate the hydrogen economy for ecology, than people will gradually deny fossil fuels to buy hydrogen.
3/ If America wants to achieve global leader role again, then America must have attractive modern civilisation idealistic culture to talk and to call the world. Hydrogen economy is ideal culture to attract the world. Fortunately for America that it really has advantages in hydrogen economy culture. Once it can talk and attract the world, it can organise global structures with finances of world partners in this hydrogen economy culture. For example, organise to make african countries to be rich to convert africa into hydrogen exporter for the whole world.

I explain why American Petroleum Institute gave wrong observation :
1/ fossil fuels energy bans will cut jobs . It is wrong. Fossil fuel bans go in tandem with building renewable energy nets+hydrogen production nets. Renewable energy+hydrogen economy creates more jobs than fossil fuel energy.
2/ fossil fuel energy ban will lead America to reliance on foreign fossil fuel energy. It is wrong! Because renewable energy+hydrogen economy gives enough energy for America and export.