Former US secretary to the United Nations John Bolton once famously said: “The [UN] Secretariat building in New York has 38 stories. If it lost ten stories it wouldn’t make a bit of difference.” (H/T Milo)
But I’d say Bolton was being too modest in his aspirations. Far too modest. I’d suggest that if we lost all 38 stories the benefits to mankind would be almost incalculable. Right now, indeed, it’s likely that the United Nations poses a far greater threat to Western Civilisation and the world’s economic future than Al Qaeda does. Have a glance at its latest report World Economic And Social Survey 2011 – and you’ll see what I mean.
The report argues that over the next 40 years our governments must spend an annual minimum of $1.9 trillion – that’s an eyewatering $76 trillion – steering the global economy onto the path of “green growth.”
But “Green growth” – as the report more or less acknowledges – is an oxymoron. That’s why, even though it was supervised by an alleged economist, Dutchman Rob Vos, the report is not at all ashamed to advocate limiting economic growth through rationing, punitive taxation and other forms of government intervention. Why? To combat “Climate Change”, of course.
Here’s the kicker:
“Hence, if, for instance, emission reduction targets cannot be met through accelerated technological progress in energy efficiency and renewable energy generation, it may be necessary to impose caps on energy consumption itself in order to meet climate change mitigation in a timely manner. Proposals to put limits on economic growth can be viewed in this context.” (P.19)
And if shaving off $1.9 trillion from the world economy each year (that’s 3 per cent of the world gross product in 2010) results in further economic stagnation and a lower standard of living for our children and grandchildren, well what the hell. As the report primly tells us, none of us actually needs to earn more than $10,000 a year.