Fossil fuel are getting progressively harder to produce, singe the easily accessible oil and gas fields were the first to be exploited, ans are (soon to be) depleted.

Renewable sources are getting progressively cheapet.

The EU is planning to enforce CBAM soon, and other may follow and tax import from country that have 0 carbon tax.

So even if they’re not motivated for dumb political reasons, they’re going to feel more and more financial pressure.