Except that isn’t true anymore. The tight coupling between economic development and CO2 emissions has been broken, and there’s no longer any reason to believe that high CO2 output industry is best way for developing countries to improve their standards of living.
The west might have burned its way to economic development, but developing nations are forging their own paths, and hydrocarbons aren’t the industrial requirement they used to be, or even the most economical way to producing energy. Choosing “green” alternatives also means choosing alternatives that faster and easier to deploy, work incredibly well in decentralised systems, and are often cheaper and easier to repair.