I believe this is part of the misinformation campaign that the oil lobby pushed to kill the Kyoto protocol, and it holds no merit.
Western nations are responsible for the majority of historic emissions, and have gotten rich at the cost of everyone else’s future. They have the financial capacity to build out the required infrastructure with the money they have already made off of their pollution. This is the logic behind the exceptions to the Kyoto protocol. The US (or rather the oil lobby) touted this as unfair (which it isn’t) and instead continued to pollute at an accelerated rate. It was also always understood that the Kyoto protocol was a start which would get stronger in a later agreement, so China was never going to be exempt forever, and they knew that.
When the US killed the Kyoto protocol they killed every future prospects with it as well. The disagreement was always about this issue you point out, but COP after COP, non-western nations (including China) proposed a reduction (e.g. in COP 2009 China promised a 40-45% reduction from 2005 by 2020; this puts China in the same category as Europe with governments that promise action but fail to deliver) but COP after COP it was always the USA that brought up this as a disagreement and we continued to not make an agreement (COP-15 resulted in a non-binding agreement and China missed this target).
But this is all irrelevant when discussing capitalism as the only culprit of the climate disaster because most (all?) of China’s pollution companies are publicly traded either in Hong Kong Stock Exchange, or in the New York Stock Exchange, or both, with the Chinese state as its majority owner, for over a decade now. These companies operate for the profits of their share holders, not for the benefits of their workers like a communist entity would. These are firmly capitalist entities, one might call them state capitalist.
This is going a long way into the weeds I don't have an interest in trying to discuss it here. But you seem to be equating USA with capitalism or that historic emissions and economic development somehow means the blame can be pinned on "capitalism", again ignoring current and historic emissions from communist countries, or poor capitalist countries. Or that the CCP does not exercise de facto authority over all large corporations operating in China.
Sorry, I'm just not going to buy it. It just looks like you have a hatred of capitalism and trying to pin things to it. Better tighten up your argument a whole lot before you try it out on somebody else.
Western nations are responsible for the majority of historic emissions, and have gotten rich at the cost of everyone else’s future. They have the financial capacity to build out the required infrastructure with the money they have already made off of their pollution. This is the logic behind the exceptions to the Kyoto protocol. The US (or rather the oil lobby) touted this as unfair (which it isn’t) and instead continued to pollute at an accelerated rate. It was also always understood that the Kyoto protocol was a start which would get stronger in a later agreement, so China was never going to be exempt forever, and they knew that.
When the US killed the Kyoto protocol they killed every future prospects with it as well. The disagreement was always about this issue you point out, but COP after COP, non-western nations (including China) proposed a reduction (e.g. in COP 2009 China promised a 40-45% reduction from 2005 by 2020; this puts China in the same category as Europe with governments that promise action but fail to deliver) but COP after COP it was always the USA that brought up this as a disagreement and we continued to not make an agreement (COP-15 resulted in a non-binding agreement and China missed this target).
But this is all irrelevant when discussing capitalism as the only culprit of the climate disaster because most (all?) of China’s pollution companies are publicly traded either in Hong Kong Stock Exchange, or in the New York Stock Exchange, or both, with the Chinese state as its majority owner, for over a decade now. These companies operate for the profits of their share holders, not for the benefits of their workers like a communist entity would. These are firmly capitalist entities, one might call them state capitalist.