> The real cost of oil and gas needs to be internalized by these companies.
Well, it's not going to be internalized by the companies, no matter what happens. It's going to be borne by consumers, either in taxes or in direct charges.
The difference is, if it's direct charges, then people feel more pressure to limit how much they use.
And it's a valid point. Your phrasing just sounded like the "companies should be a free source of money for our grand, expensive plans" school of economic insanity, and I reacted to that, rather than to what you were really saying.
To your actual point, I have an honest question: Is electricity subsidized? Do you have a figure for total subsidies, worldwide?
Note that much of the investment in renewables has been subsidized, though that's probably a one-off at installation rather than an annual amount. It would have to be pro-rated over the expected lifetime of the installation.
This means that every year the world's taxpayers are giving 7% of the world's GDP for free to Oil and Gas industry.
Before any comparison can be made, the real cost of oil and gas needs to be internalized by these companies .
[0] https://en.m.wikipedia.org/wiki/Fossil_fuel_subsidies