This Changes Everything: Capitalism vs. The Climate

by Naomi Klein

The Yasuní plan was based on the premise that Ecuador, like all developing countries, is owed a debt for the inherent injustice of climate change—the fact that wealthy countries had used up most of the atmospheric capacity for safely absorbing CO2 before developing countries had a chance to industrialize. And since the entire world would reap the benefits of keeping that carbon in the ground (since it would help stabilize the global climate), it is unfair to expect Ecuador, as a poor country whose people had contributed little to the climate crisis, to shoulder the economic burden for giving up those potential petro dollars. Instead, that burden should be shared between Ecuador and the highly industrialized countries most responsible for the buildup of atmospheric carbon.