Yup. It's nothing more than political theater to help promulgate their ideological agenda. The oil industry is already monopolized by certain groups of exceedingly rich people; there's obscene amounts of money to be made in the energy sector. Politicians and corporate elites desperately want to be able to get in before the "boom" happens so that they can solidify their wealth for generations to come.
What better way to do that than to straight-up create a bogeyman using fudged science to usher that age in?
It's not a secret that currently the technology for the world to go "green" simply isn't up to par for it be practical in any conceivable way. Hell, most people don't even realize that a Tesla has an almost similar carbon footprint compared to any other vehicle -- only slightly better.
But what would really blow their mind is the ecological disaster that mining for rare earth metals cause for local ecosystems. Currently, fracking and natural gas are exceedingly more efficient ant less damaging.
Not to mention, they always seem to forget one very important detail: that the "green movement" requires an absurd amount of plastics to accommodate it as well. What are plastics made out of? Why they're made of oil, of course! So they're basically advocating for a double-dip of bullshit!

It would all be pretty funny, if it weren't for the fact that their corruption is further revealed when people realize that the US has exceedingly little rare earth metals available and that the only people who would benefit from a "green movement" are also the ones who provide the vast majority of the worlds rare earth metals and who are responsible for most of the world's pollution -- China!
China is the one of the few places that has rare earth metals in abundance.
Know who else does?
Afghanistan!
Guess who just stepped in after Biden's disastrous handling of the situation there and formed a partnership with the Taliban in exchange for the right to be able to mine those rare earth metals? Of course it's China again.
Anyway, that's enough random ranting.