Sure but the problem would be 100 times worse if fossil fuel adoption doest decline. Its good news that we seem to be on the way to shifting our behavior.
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I’m concerned about climate change. But if you ask most people how much progress we’ve made they would say “barely any”. That belief that we can’t do it, is the main thing aside from public policy slowing us down. When people think things are hopeless, they often don’t see the point in fighting or changing their behavior. I also think most people don’t realize that renewable energy adoption has accelerated so quickly the last few years. Every year we have had massive growth over last year in adoption.
iirc ~1/4 of the worlds energy production is renewable. More than 90% of all new electricity capacity worldwide came from renewable sources in 2024. Doomers want you to believe it can’t happen again while we are in the very decade that is likely to change the world. Public policy doesn’t even matter at this point, renewable energy is cheaper, so nearly all new investments are in renewables.


Solar is easily the cheapest energy and its getting cheaper every year. Repairing a coal power plant is not as attractive as a much cheaper to run biofuel plant. Etc.
Without knowing the specifics, I doubt profitability was the issue. Once a solar panel is installed it is pure profit with minimal maintenance. Companies get in trouble when they commit way more to a project than they can raise in investments. It seems more likely that is what happened.
Lastly your looking at a few countries that are pushing back with what amounts to theater (Germany is 56% renewable energy). Meanwhile the largest producer of energy in the world, China, is staying committed to converting to renewables and s also 56% of the way there. But even in countries pushing back the growth trend is clear, we are past early adoption and squarely in the common adoption phase of electrifying our technology out of fossil fuels.