In short, we aren't on track to an apocalyptic extinction, and the new head is concerned that rhetoric that we are is making people apathetic and paralyzes them from making beneficial actions.
He makes it clear too that this doesn't mean things are perfectly fine. The world is becoming and will be more dangerous with respect to climate. We're going to still have serious problems to deal with. The problems just aren't insurmountable and extinction level.
If you mean "compete" in a capitalist sense, then you're right. But sailing ships absolutely "compete" in that they can move goods and products from one port to another using zero fossil fuels. That's not ignoring any reality, they actually do work and sail using the wind. Open any history book for proof if you don't believe me.
But as we're already aware, relying in any way on capitalism or its definitions is going to do the exact opposite of saving us from climate change.