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Even if a fossil fuel company did the right thing, unfortunately all it takes is another fossil fuel company doing the wrong thing so that the end result is the same. The only difference is that the companies who did the right thing just get screwed. You need regulation to force every company to do the right thing so that no 1 company can screw it for everyone else.

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Honestly you won't even find one fossil fuel company that will admit it. It's not human nature to do this. The data shows this both among people and corporations.

You are correct, regulation is the only path forward. The problem is, when you give too much freedom to a capitalistic society, the major capitalists aka corporations seem to take control. The corporations in turn take their power and influence the very regulatory bodies that are suppose to keep them in check.

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