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Video Summary
Summary
Core Theme
Our consumption and production of goods generate greenhouse gas emissions that harm others, creating a market failure where prices don't reflect the true costs. Transitioning to low-carbon growth is not only safer and more sustainable but also economically advantageous compared to the severe future costs of high-carbon practices.
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when we
consume or use goods we emit greenhouse gases
gases
and those greenhouse gases damage others
profoundly damage
others so we have consequences up for
our actions
which we do not pay for prices do not give
give
the full market signals prices do not
tell us the full cost
of what we're doing that is a market failure
failure
please make sure that the northern
countries what you do for
the southern countries you don't do it
as a charity
you do it because people in the south
have certain rights and these rights are
the basic
minimum human rights we are talking
we cannot actually afford the luxury
of saying or trying to pinpoint
what is climate change how much is this
impacting home
we have to work we have to be you know
well it'll be much more expensive if we
don't do this
the difficulties of high carbon growth
will be extremely costly
in the future on the other hand if we
move to low carbon growth
we will be able to do it at a cost of
one or two percent
low carbon growth is quieter safer
more energy secure more biodiverse what
we're looking at here
is a much better growing world than the
high carbon growth story
which will eventually kill itself and is
much dirtier and more
insecure this isn't a question of giving
up paradise
this is a question of giving up a very
dangerous dirty pass
and going on to a much more attractive
one look we are on the same boat
our boat is sinking it's not you and us
anymore it's us
we are the world we are sinking we have
to think together work together
act as one otherwise yes there is
nothing but pessimism
but i think humanity is more intelligent
than most people give it credit for and
i think the answers will come out
but not on their own we'll have to make
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