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This has always been THE catch-22 facing humanity, and people still don't understand it. The amount of energy and raw minerals (mining) needed to transition away from fossil fuels at this point is so large, we'll blow well past 2c just building an initial "stage 1" renewable/carbon neutral energy grid. Some studies indicate all known reserves of critical resources (e.g. copper, cobalt) aren't enough to even complete stage 1.
ALWAYS REMEMBER, THOUGH! THE ONLY WAY TO SAVE THE PLANET IS TO CONSUME HARDER THAN YOU'VE EVER CONSUMED BEFORE!
The thing is that having everyone who has a natural gas furnace switch to a heat pump and having that gas burned at a municipal generator instead IS a good thing. It will use less fossil fuel than keeping the furnaces in people’s houses and it is easier to switch a whole city’s power grid over to something cleaner like wind, solar, or nuclear once the demand exists.
It's a double whammy for utilities. It would be a massive challenge just to transition existing production away from fossil fuels, but they need also anticipate a giant surge in demand as entire sectors of the economy electrify.
And that is only tackling the production side. They also need to invest heavily in grid storage and upgrading the grid itself both to handle the greater power demand and adapt to more intermittent power sources. The stopgap measure here is fall back on peaker plants, but these are some of the heaviest emitters around, as their flexibility comes at the cost of efficiency relative to base load generators.
I guess it all comes down to time. Given enough time, all of this infrastructure could be put in place. Had we taken climate change seriously decades ago when scientists first raised the alarm, we would be in better shape today, but it's water under the bridge at this point. As it stands, we need to find ways to buy time, and that will likely entail some sacrifice to the status quo of our consumer culture. But people seem so dug-in to not accept any change or adaptation to circumstances. It's worrisome.