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While everyone is right about the reasoning, no one brought up the relevant historical example: Eugene Debs in the 1920 Election… which is unfortunate because it’s a good one.
Euegen Debs was a socialist candidate who ran in the 1920 elections after being jailed by Wilson’s Sedition Act of 1918 for opposing the US joining WW1 and the accompanying draft.
To solve the climate crisis the ~1 billion people in global north will absolutely need to significantly bail out the global South. There is no clear development path that doesn’t go through heavy fossil fuel usage, and it should go without saying we probably can’t even improve the living standard of another billion people, let alone seven billion without basically just giving them money and technology to skip the fossil fuel step. Countries in the global north have actually agreed to this framework, it’s just that noone has actually made good on the promise yet. So… not only is it not nonsense… it’s an active dispute between developed countries and developing countries.