We will continue extracting absolutely everything we can from Earth, at whatever the cost ... with the hope that technology will one day save us from our weakness.
And, yes, technologyy may "save us", but there are many different definitions of what that will look that ... some may be horrendous for the majority, but none of them will inconvenience those making the most significant decisions.
2 degree global warming means 5-6 degree more in new york (as the average mean temperature is meassured also above oceans/mountaints etc.) - and you can now ask yourself if you still want to live in NY when its 5-6 degree warmer than today?