There's a new kind of colonialism afoot in rich nations, and much like the old colonialism, this one, too, purports to be for the good of the colonized. Today's colonialists are Left-wing environmentalists exporting their vision of "climate justice" as a way to deal with global inequality. But despite the high-minded morality implied by the latest green agenda, just like older forms of colonialism, it creates a relationship of dependency that undermines the true interests of the colonized.
Environmental colonialism was on full display at a recent guilt fest, the UN's latest climate summit, known as the COP27. The idea cooked up by the billionaires of Silicon Valley, London and Wall Street and agreed upon at the November summit by born again zealots like President Biden, is to provide "loss and damage" funding for countries hit hard by climate disasters. In other words, we've just committed to paying climate reparations.
Of course, governments in these countries will take the loot, and perhaps send some of it to useful pursuits. But what the developing world needs most is not a handout but the very technologies—including fossil fuels—that have served to reduce poverty globally. What poor countries and poor people everywhere need is not green blood money but help increasing the electricity supply that is critical for industrialization.
Full article is available at Newsweek.