This paper will argue that protection of the environment has traditionally been an ostentatious good that only the rich countries can afford. Sustainable development has been considered an oxymoron. In simple terms, excessive care for the environment has been demographically and economically unfeasible. It will also be argued, however, that in recent years significant progress has been made towards environmental protection through inter-governmental organizations such as APEC and the WTO. 7 pgs. 16 f/c. 12b.