Environment slowing down growth

I’d be interested in hearing what everyone thinks of this.

I have a friend that works as an environmental engineer and I’ve tried to get her to start investing a few times.

She argues that the returns we have historically seen thus far can’t continue into the future because of the effects of an ever growing economy on the environment. And that stricter environment laws will considerably slow down growth.

What does everyone think of this? Can industries keep growing at the same pace or will things have to change soon?