The USA is a first-world country. We can ill-afford to waste money with the economy being as sluggish as it is but we can do it and not break the bank.
Third-world countries do not have that luxury and we and the fools at the United Nations are trying to deprive countries in Africa the cheap energy they need to develop and rise out of poverty.
Matt Ridley so eloquently explains:
There really is a trade-off: denying aid for fossil fuels hurts the poor
My column in The Times is on the undeniable truth that western countries are preventing Africans getting access to the cheapest power, which is fossil-fuelled.
In what is probably the silliest comment on climate since a Ukip councillor blamed floods on gay marriage, a green journalist opined of the refugees dying in the Mediterranean: “This is what climate crisis looks like . . . We know there is evidence that the violence triggered by the Arab Spring uprisings of 2011 were in part fuelled by protests over soaring food prices.”
The soaring prices were actually exacerbated (as the Food and Agriculture Organisation of the UN confirmed) by the diversion of much of the world’s farmland into making motor fuel, in the form of ethanol and biodiesel, for the rich to salve their green consciences. Climate policies were probably a greater contributor to the Arab Spring than climate change itself.
Many refugees are fleeing Islamist persecution in Libya and the Sahel but as Dr Kandeh Yumkella, UN under-secretary-general, told the BBC, the “long-term push factors” that are driving people to make the “miserable journey” include the lack of energy in sub-Saharan Africa.
Without abundant fuel and power, prosperity is impossible: workers cannot amplify their productivity, doctors cannot preserve vaccines, students cannot learn after dark, goods cannot get to market. Nearly 700 million Africans rely mainly on wood or dung to cook and heat with, and 600 million have no access to electric light. Britain with 60 million people has nearly as much electricity-generating capacity as the whole of sub-Saharan Africa, minus South Africa, with 800 million.
The truth and a few numbers:
In 2013 Ed Davey, the energy secretary, announced that British taxpayers will no longer fund coal-fired power stations in developing countries, and that he would put pressure on development banks to ensure that their funding policies rule out coal. (I declare a commercial interest in coal in Northumberland.)
In the same year the US passed a bill prohibiting the Overseas Private Investment Corporation — a federal agency responsible for underwriting American companies that invest in developing countries — from investing in energy projects that involve fossil fuels.
There is a growing backlash against this policy. The Republicans want to reverse it. Yvo de Boer, head of the Global Green Growth Institute, says: “You really have to be able to offer these countries an economically viable alternative, before you begin to rule out coal.” And Donald Kaberuka, president of the African Development Bank, says it is hypocritical for western governments, made rich by fossil fuels, “to say to African countries, ‘You cannot develop dams, you cannot develop coal, just rely on these very expensive renewables’. African countries will not listen.”
The Center for Global Development calculates that $10 billion invested in renewable energy technology in sub-Saharan Africa could give 20-27 million people access to basic electricity, whereas the same sum spent on gas-fired generation would supply 90 million.
Thank God that the rest of the world is not caught up in this political fever-dream:
Meanwhile, China’s new Asian Infrastructure Investment Bank, is stepping in as the Americans and Europeans step back. Its willingness to fund coal projects is one of the reasons other Asian countries are rushing to join the project, to the irritation of Washington. The Australian government is joining forces with Japan to push for the construction of “clean coal” plants in the developing world — power stations that burn coal more efficiently.
Much more at the site - how can these politicos sleep at night? Are they that out of touch with the boots-on-the-ground reality. Ideas so good they have to be mandetory...