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"Look! Market forces are solving the problem for us! The system works!"
Meanwhile those same market forces leading private owners of planet killing factories leaving them on because the money they print still spends.
The article says that renewable capacity in China grew faster than demand though:
That same year, its renewable capacity grew faster than its overall demand for electricity — meaning its fossil fuel usage actually went backwards.
Okay but using China as an example of good things happening is kinda cheating
In this case though it's globally relevant because China is actively exporting their solar tech to the rest of the world. All the developing countries will be able to use solar as backbone of their energy grids instead of relying on fossil fuels the way "developed" western countries do.
Chinas over production of panels gives global south access to them cheaply