If we can continue producing them in a renewable or at least sustainable way, why not?

If the only way to keep that up is burning oil, then no.

Please also note that some of the most intense producers of CO2 are poor(er) countries which burn coal because it's cheap. Even natural gas can be too expensive for them, let alone solar or wind installations.

I wonder when the West would consider buying and converting such plants. It's likely feasible in Africa, hardly so in China.