Fossil-free and environmentally friendly energy is becoming increasingly cheaper. This leads to more and more fossil capitalists going bankrupt.
"If the world is to avoid the risk of unmanageably rapid climate change, fossil fuel burning should be reduced quickly. Then the decisions to increase the profitable renewable energy need to be made quickly, not delayed.
A rapid development will lead to the bankruptcy of old energy companies. Then it is important to take care of the people who were employed in the companies and who lose their jobs. But care for the people is no reason to save the companies that risk the welfare of the future with old energy technology.
Caring for the employees is also no reason to protect the owners' assets. Governments must be able to accept that large energy companies go bankrupt."
https://www.etc.se/ledare/fossil-energi-kollapsar-nar-fornybart-blivit-billigt