you have a masters in the area, so should be able to understand my point, it's not that hard.
but, I'll try to explain in different words.
Essentially I think it boils down to you basing your climate change thinking on 450ppm being some magical boundary that
(a) we can't cross because it will lead to irreversible climate change, and
(b) we won't cross because it will lead to irreversible climate change,
(c) and therefore that 80% of proven fossil fuel reserves will have to be left in the ground, and we must view this as being inevitable and prepare for an economy based on that loss of 80% of fossil fuel reserves.
In response I'd say.
(a) 450ppm was a convenient target to be set by IPPC in the 90's, as there was a realistic chance that we might meet it, and scientific consensus could be built around it being very likely to limit climate change to at or below 2 degrees. The reality is that its a continuum, and the difference in risk between 451 and 449ppm is negligble, the difference in risk between 450 and 500ppm is significant, even more significant would be the difference in risk between 450 and 550ppm, and we should obviously move as fast as is sensible to keep the greenhouse gas concentration as low as possible on that continuum of risk, but...
(b) There's absolutely no chance of us not crossing the 450ppm barrier, we would have had to take serious global action in the 90s for that ever to be a reality, and the USA scuppered all hope of that.
(c) This being the case, there is also absolutely no chance that we're going to leave anything like 80% of proven reserves in the ground. Doing so would utterly devastate the global economy not in a recession type way, or even in a depression type way, but in a way that would result in minimum hundreds of millions dying and billions being thrown into abject poverty. Even though the world's politicians are a stupid bunch, I somehow doubt they're going to destroy the entire economy in some last ditch effort to keep us under a fairly arbitrary target figure given that they've mostly spent the last 25 years at best paying lip service to the subject.
(d) This being the case, continuing to state with certainty that 80% of fossil fuel reserves will be left in the ground, and that the world's energy supply is therefore going to be screwed and we'll not have the energy to develop renewables to the point where they can take over etc etc is not a position that can really be supported by the evidence. Continuing to assert the opposite serves no useful purpose, and makes you come across like like some sort of climate change conspiraloon rather than someone giving a well thought through analysis of the situation.