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International organizations like the World Bank and the United
Nations are supposed to help the world’s poor escape poverty,
but fully convinced they are doing good, these development
agencies are pushing an anti-development agenda. Now here’s an
inconvenient truth: curbing the planet’s carbon footprint
necessarily slows economic growth, the primary engine of human
well-fare. International aid organizations need to carefully
consider the impact of the climate “solutions” they advocate,
lest they do more harm than good. The International Energy
Agency estimates that it would cost $45 trillion through 2050 to
mitigate global warming through efforts aimed at “greening” the
global economy. Most of that would be spent in developing
countries, to prevent them from fueling their growing economies
with hydrocarbon energy sources like coal and oil. These fossil
fuels are cheap and still plentiful, b