The idea that eventually every industrial nation can mature and "grow out of" carbon production makes the ludicrous claim that somehow industrial production magically requires less CO2 over all in the long run. Sure this would be possible if processes could all become more efficient and overall output experience 0 growth, but continued growth is essential for current economic models.
We all know we are living in a global economy, but then talk about resources and waste as if they are local problems. The truth is modern global Capitalism requires perpetual growth and increase production and consumption. We all like getting paid and living in a prosperous society but that money cannot come in a sustainable world. Where do you derive profit from a truly sustainable system?
[1] https://www.carbonbrief.org/mapped-worlds-largest-co2-import...