Just another example (I like examples), Q1 NPN has a collector power dissipation of 1W and I'm focusing on this transistor only. Assume I've connected a 12V device. The Vce for this would be around 7V at best (when hFE is 990, Ic is 97mA just for fun). 1W / 7V = 0.142A or 142mA so I'm within the thermal limit.
Now if my battery was 16V and I have a 16V device, Vce is at best 11V which means the max current can only be 0.09A / 90mA which would mean the transistor would overheat and eventually die?