Nope, if we want to save the planet, we must stop relying on these carbon reserves. Renewable energy and conservation. I fear that is the only way, whether we want to face it or not.
Excess carbon dioxide in the atmosphere has been demonstrated (beyond reasonable doubt) to be the cause of global warming, and further reliance on fossil fuels is only accelerating the damage already done. But, by the same token, we have to be smart about our approaches.