Oh for sure, I'd say that capitalism in general is pretty wasteful and damaging to the environment. Hard to do much about it as an individual though, we're a kinda destructive species
Increasing population -> more food demand though, and a lot of deforestation is due to livestock, so they have a compounding effect. Methane's lifespan increases as it's emitted, too
Which is why I am against any further investment in imfossil fuel infrastructure. Really the free market is already pushing energy to go green. It's cheaper to go green for power.