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We already have some very promising seeming sodium based batteries that are much more environmentally friendly. Afaik, the capital class hasn't been funding it as well as they should because it's unclear if the tech will ever reach the same level of energy density per dollar as the current stuff. In other words, I don't think the problem is the tech. The problem is the owners of the private sector energy companies are more interested in sustainable short term profit than what's best for society, long term.
Yes I agree with what you posit at the end. It’s a huge problem at a systemic level in fact, and I don’t think it’s necessarily inherent to the capitalist system because it wasn’t always like this. And the most ruthless capitalists on earth, the Chinese, do not seem to have this myopic focus in short term gains and are very willing to eat a loss today to end up winning over the long term. I think this is the true downfall of our society.