The climate change caused by burning fossil fuels is having an enormous effect on the entire planet. The real costs of burning fossil fuels needs to be born by the people who are profiting from it -- this is how "true markets" have to work. And that will be reflected in the money price we all pay, but it must be proportional to the incentive to pull the oil and coal out of the ground.
By the way, have you heard about the offshore gas drilling rig that has had a blowout and had to be abandoned?
Offshore Natural Gas Leak in Scotland -- Total Trying to Contain It