The present income distribution of the world is
massively inequitable. The top 20% receives 83% of
all wealth, the bottom 60% split just 7% of the world's
wealth.
The developed countries' focus must be on energy efficiency
and transition to renewables.
In the developing nations the ability to raise their
own living standards is the priority. Today, small
scale energy generation is crucial.
With access to electricity to meet basic survival
needs, the developing nations can then move from requiring
foreign aid to becoming part of the world economy.
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