Any agreement adopted under the circumstances that prevail at the Hague is bound to do more harm than good. The unintended consequence of such an agreement will be nothing more than the empowerment of a U.N. body to do what the representatives of 180 nations could not do - write the procedures through which the United Nations can dictate the energy policies of 38 developed nations. This is precisely what 150 developing nations want, and it is precisely what the United Nations wants. The United Nations intends to be the equalizer, the manager of the earth's resources - to ensure that all people enjoy the benefits of the earth's bounty equally. This is the classic, utopian dream of socialism.
Benefits acquired by any other method are either a gift, or theft.
Forced equity is not a gift.