One of the major themes at recent United Nations climate conferences has been the idea that wealthy nations should provide climate reparations for poor nations while encouraging those developing countries to shun fossil fuels in favor of so-called green energy.
This is a highly problematic strategy that will do more harm than good. Moreover, it will reinforce and exacerbate the wealth inequality that currently exists between the developed and developing world.
This year, the United Nations (UN) held its biennial Convention of the Parties (COP) in Baku, Azerbaijan, a tiny country with vast oil reserves.
Things got off to a rollicking start when Azerbaijan’s President Ilham Aliyev stunned those in attendance by declaring that fossil fuels are a “gift of God.”
Oil and gas “are natural resources and countries should not be blamed for having them, and…
