I'm convinced it's intentional because the ultra rich have figured out that we have gotten so close to an Economic Singularity that they are burning money in any way possible so that they don't lose the power they have currently, and would lose the moment that an Economic Singularity actually takes place.

They aren't just burning the world to cause climate change to kill the poors, they are, in fact, burning the planet to desperately pull up a ladder, that isn't a ladder, and is a floor, to prevent it from materializing. They're trying to kill the rest of us, before we all have the exact same buying power they have, or at least close enough that the difference is academic.