I don't know if that's true or not in the long term - not even first order. Wind turbines weren't innately profitable until at one point they became a low cost leader in power generation by some measures. Humanity may find a fairly low-power input catalyst that give us cheaper fuels than digging it up from miles underground, shipping it thousands more miles, refining it and shipping it hundreds of more miles. Right now, in this instant of technology, I'd agree on first order profitability.

Second order systemically it's almost certainly a profit vs needing to rebuild so much civil infrastructure for hurricane resistance, new and expanding flood plains, fire resistance, farm droughts, etc.. or incurring all sorts of other health costs for fossil fuels infrastructure. The cost of acting to curb climate change is still cheaper than letting it all go chaotic.