No, the problem is a lack of public support.

Nearly 70% of Americans wouldn't pay $10/mo more to help fight climate change. [1] This is clearly at odds with what experts are claiming is necessary to meaningfully impact climate change.

[1] https://www.theatlantic.com/science/archive/2019/01/do-most-...

So much damage has already been done by fossil fuels, and unfortunately there is just so much left in the ground which hasn't been exploited yet solely due to politics. Russia wants to extract the fossil fuels in the Arctic which potentially holds vast reserves, the only thing preventing it is the idea that pissing off all the NATO allies surrounding the Arctic is not a good move. Norway is a very oil rich country and a lot of its welfare is due to the oil, if the profitability of its current reserves wasn't enough, the only thing stopping Norway from extracting its own reserves further north would be domestic, political backlash.

We need to be very vigilant politically because in a purely short term, economic point of view fossil fuels still very much makes sense.

It's not though. The tech has to capture almost a century of output from the fossil fuel lobbyists damage as well as prevent any new emissions at the same time.