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If your arguement is true all capitalist companies would produce in the most environmentally sustainable ways.

They don't. Capitalism is only interested in the short to medium term of profits.

It is true that even the ruling class will be effected by environmental catastrophe. But if a company producing Widgets, uses environmentally sound methods it will be less competitive than the one that doesn't and will go out of business. It's all short to medium term Mister!

If it's true that everything is focused on the short term, then in the long term it will be a self-correcting problem as I keep pointing out. At some point the long-term issues are unavoidable. The question is whether it reaches a crisis point where there is no recovery possible, or whether the system continues to adapt before the crisis point is reached.

We can obviously see the crisis looming, and if we can see it so can "the capitalists."