"Seen as profitable" is not the same as "profitable".

This article isn't saying that the cost of green technology production has decreased or even that private companies want to sell green technology to customers, rather that governments are more willing to pour tax money into green tech and companies are happy to gobble that money up.

Sorry, another depressing comment by me in r/upliftingnews .

My hot take:

So, this news is overhyped, possibly because it is politically expedient for the US to see Lula as a transformative leftist worth investing in.

From the article:

"It is positive to see such a relevant drop in January," WWF-Brasil conservation specialist Daniel Silva said. "However, it is still too early to talk about a trend reversal, as part of this drop may be related to January cloud cover."

He noted the January data represented the first drop from a year earlier in five months.

The fresh figures come after Reuters reported exclusively on Thursday that the United States was considering its first contribution to a multilateral fund aimed at fighting Amazon deforestation, with a possible announcement during President Joe Biden's meeting with Lula at the White House on Friday.

Edit: didn't realize this was r/upliftingnews , thought this was . . . a different news subreddit with an amusing name. Sorry for making a bummer comment.