It depends.
For petroleum products, reduced carbon emissions can lead to increased use of the resource, which in the end will increase our emissions. It really depends on what is done.
What's clear is that electrification eliminates carbon emissions, unlike every other form of innovation in the fossil energy sector. The latter will be necessary, of course, and I agree on that with the other witnesses. We will still need oil and natural gas but only up to the 22nd century.