I think that's, generally speaking, not true, as evidenced by the fact that climate change is still happening almost entirely due to selfish motivations of oil companies and bribed politicians.
I think it's probably a good thing in this case.
I think the idea behind that concept is not that it's true. The idea is we will never change human self-interest and greed. So we build systems where even with that as the primary motivation, it still has more important secondary effects that probably benefit us.
Yet, globally, the world is moving towards renewables regardless of big-oil interests. I don't think even the most hard core activists are expecting to close everything coal, gas and oil related overnight, so we need to wait until the energy transformation is finished. It won't be led by the US, Russia and the Middle-East, that's for sure, but it will happen.