Core of the issue though, isn't it? The planet can't support 8 billion humans right now. This living standards of around 7.8, 7.9 billion of them are unacceptably low IMO. So if it can't support 8 billion now and it can't support 8 billion in the future, I'd like some fairly concrete explanations of why we shouldn't be promoting cheap energy and industrialisation in the here and now. It appears that industrialisation drives down population and may even lead to transhumanism, so per capita improvements to prosperity seem to be the most viable solution to our sustainability problems. I'd also bet working on cheap energy will probably drive up the carrying capacity too, that is what happened all the other times securing energy got cheaper.
And as we can see in the Chinese example that we're talking about today, if we had just gone full-greed and kept building coal plants we'd probably have stumbled on a low-carbon equilibrium by accident anyway because that is more or less what seems to be happening in China. Coal and oil aren't that competitive these days. There is a pretty high chance fossil fuels would have been pushed into 2nd class status already if the deplorable fools in the 80s and 90s hadn't succeeded kneecapped western nuclear programs.
The problem is only if we get the opportunity to make hard choices for better outcomes. Do we have the self control to do that as a species, or are we doomed to act like petulant five year olds who can only think about short term benefits? Can humanity pass the marshmallow test?
In fact, one telling point is that it demonstrates that in 20,000 BCE industrialisation and rapid global warming of 4 degrees would have ushered the world into the unthinkable horrors of ... somewhat better than the present day because they'd have consumed more energy than we have. Change is clearly not automatically a bad thing.