This Changes Everything: Capitalism vs. The Climate

by Naomi Klein

As we have seen, emissions in North America and Europe still need to come down dramatically but, thanks largely to the offshoring of production enabled by the free-trade era, they have pretty much stopped growing. It’s the fast-rising economies of the Global South—with China, India, Brazil, and South Africa leading the pack—that are mostly responsible for the surge in emissions in recent years, which is why we are racing toward tipping points far more quickly than anticipated. The reason for this shift in the source of emissions has everything to do with the spectacular success multinational corporations have had in globalizing the high-consumption-based economic model pioneered in wealthy western countries. The trouble is, the atmosphere can’t take it. As the atmospheric physicist and mitigation expert Alice Bows-Larkin put it in an interview, “The number of people that went through industrialization the first time around is like a drop in the ocean compared to the number of people going through industrialization this time.” And to quote President Obama in late 2013, if China’s and India’s energy consumption imitates the U.S. model, “we’ll be four feet under water.”