Worse, European financial institutions, the World Bank and other lenders still refuse to finance fossil fuel development or fossil fuel electricity generation. Even pre-Trump Obama and Biden USAID (US Agency for International Development) programs “put the climate crisis at the center of U.S. foreign policy and national security,” and focused on compelling aid recipients to “transition” from fossil to wind and solar.
Thankfully, change is in the air. African people and their leaders increasingly recognize that coal, oil and gas not only fuel electricity generation, vehicles, cooking, heating and other necessities. Developing and selling those resources also generates billions in revenue that can be used to finance more energy and economic development – without having to beg ideological institutions for handouts, submit to their demands and restrictions, or remain mired in poverty, disease and despondency.
Following the example of China, India, Indonesia and Vietnam in driving hard toward modernity, Niger, Senegal and Côte D’Ivoire are leading the way in Africa. Guyana is doing likewise on the north coast of South America, even as Venezuelan dictator Nicolas Maduro seeks ways to seize its oil fields. They’re all poised to ride oil booms, while South Africa, Botswana, Zambia and other African nations are breaking away from domineering, climate-obsessed banks and NGOs, to chart their own courses.
These countries are also beginning to realize that “clean, green, renewable, sustainable, affordable” wind and solar power reflects none of those concepts.
An African “clean energy transition” would require hundreds of thousands of wind turbines, tens of millions of solar panels and hundreds of thousands of miles of transmission lines across tens of millions of acres of Africa’s magnificent scenic areas and wildlife habitats.