Who will pay for the costs of climate change?: John Kerry and an Aspen Ideas Festival panel discuss
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- เผยแพร่เมื่อ 23 มิ.ย. 2024
- Costs related to climate change are expected to reach $38 trillion annually by 2050, but who will pay for the adaptation and mitigation projects needed to combat the extreme weather? NBC News' Stephanie Ruhle moderates a panel with former U.S. climate envoy and Secretary of State John Kerry, Anne Finucane of the TPG Rise Climate Fund and Chair of Rubicon Carbon, and Vijay V. Vaitheeswaran, a energy and climate editor at The Economist. NBCUniversal News Group is the media partner of Aspen Ideas Festival.
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#AspenIdeas #ClimateChange #JohnKerry
They don't call Greed a deadly sin for nothing.
CO2 is good for the earth it makes plant life grow faster and help wildlife to thrive. Our planet is 5% greener than is was 20 years ago thanks to CO2. Our magnetosphere is weakening, causing the sun to have more of an effect on the earth.
lol
@@Helieos45Hello this statement is coming from Mobile Exon or you are one really confused individual,and I’m being very kind in my description of you.
Pride is the most disgusting of the Seven Deadly Sins.
@@Helieos45completely false
Tax the rich. 😝 The top 10% could easily fund all of this if they had the will to do it. The rest of us have been pulling their weight for far too long. It's time for them to step up.
We did have this in the past, except we were dinosaurs back then. 🤪🦕🦖🐋🦈🌴
Have a look at how much the top 10% pay in taxes. Around 50% of all taxes are paid by that group. I think the problem is the top 0.1% who figure out how to pay nothing. There's your problem!
Deport every illegal and cut government spending.
This won't be solved just with money, humans need to change their behavior. That's a very big ask in a capitalistic economy
@@zenfishbike They are changing their behaviour - they are having very few children. This is the Earths only hope now.
If the US really wanted to combat climate change, then governments should've reduced car dependency through safer bicycle infrastructure, light rail transit, and high speed rail. Politicians are never going to ban fossil fuels because it keeps these corporations keep them in office.
The car industry lobby exists..
But that's only about 20% of the problem.
Most US cities are a definition of an urban sprawl. I love biking, but where I live it's just not feasible to bike for anything else than recreation. My daughter's school is 5 miles away, my work is 20 miles away, my doctor is 22 miles away and so on. And everybody wants to live in a house. US cities need a complete overhaul and high-density housing. But nobody really wants it, including the people.
…lobbyists…🤬
CO2 is good for the earth it makes plant life grow faster and help wildlife to thrive. Our planet is 5% greener than is was 20 years ago thanks to CO2. Our magnetosphere is weakening, causing the sun to have more of an effect on the earth.
Why does not anybody talk about conservation? 80% of energy use is unnecessary - we are just afraid of hurting the economy, hence losing votes.
eventually we will have to do so.
@@denisdaly1708 it's always "in the future" with you people
people are dying while companies are figuring out how to make money.
Our cities are old models of human innovation. We need to redesign the way we create our cities.
Problem is the cities are already built a certain way and we can't just tear down what exists and rebuild it in a nonglobalwarming fashion. That would spew more global warming gasses into the atmosphere.
@@donniemoder1466 can we do half and half? The major contributing factor to the climate crisis is that we have too many cars on the road.
We all suffer from our actions, and companies found to have knowingly lied should have penalties and fees. Fossil fuels posting record profits without repercussions is inexcusable.
CO2 is good for the earth it makes plant life grow faster and help wildlife to thrive. Our planet is 5% greener than is was 20 years ago thanks to CO2. Our magnetosphere is weakening, causing the sun to have more of an effect on the earth.
@@Helieos45 Can I complain to you about your monotonous prompt?
Government is the one posting the record profits. Dr 'I am the Science! Favci makes over $435,000 a year at home watching The Price Is Right.
Mr. Kerry notes COPS advances on Methane and 150 corporations, etc., but I did not hear anything about the problem of governments subsidizing the fossil fuel industry worldwide, and worldwide military emissions.
The liquor industry produces more methane than your daily commute GOVERNMENT FAT TAXES LIQUOR AND BOOZE. Your pets produce 35% of all livestock methane BUT PETS IS A $95B PROFIT CENTER. EPA nano-measures and fines public drinking water systems BUT BOTTLED WATER BIG CORPORATE IS EXEMPT.😂🎉
Environment polluters are talking about climate change.
Heartening words to hear by an environmental scientist and engineer who has seen these problems, and some solutions, for decades. One action that is essential to the most efficient path forward is to meet in community, to work together in the discomfort of chaotic disagreement, to find solutions.
dont you get it yet? us humans have engineered our own demise. more petrol was burned last years than any prior year.. if you think its hot now just wait a few years till that co2 does its thing.
We need more CO2 not less!It makes up only 0.004% of the atmosphere for gods sake!Many of these people sitting here don't know this as didn't some of Kerry's mates when asked this very question in CONGRESS.They came up with diabolical answers,eg 6% up to 8%,guess 9%.How embarrassing!We need less humans breathing out CO2 and more vegetative ecosystems taking in CO2 and producing oxygen in photosynthesis.
Good discussion! Thanks !!! We need to act and recognize we are at war. Urgency not complacency. Come together not against each other.
Everyone on that panel flew to the festival on private jets.
We are all on a freight train, headed down a steep mountain out of control. Not only are we not applying the brakes, but we are stepping on the accelerator. We have already passed most of the most critical tipping points. A tipping point is the point beyond reversal. Technology will not save us.
Where are the materials for this transition supposed to come from, there is more energy needed for mining ores because high yield locations are depleted.
Can we please hear from you more and more? I wonder if you are getting your knowledge out to the younder generation who really care about the environment and this will help Biden win. We need more and more and more!
How are working class people going to afford high tech autos ? The problem, the wealthy people in my small town that is in senator Kerrys category live in massive homes where I see very little solar panels. Let's not be hypocritical. Also it doesn't look good when you have a event like this in Aspen Colorado. How about holding it in Charleston west virginia and explain to real people how they will afford to survive in this new world ?
"How are working class people going to afford high tech autos ?" There are cheap EVs and hybrids and they will keep getting cheaper as production scales up.
Kerry doesn't think it's his problem.He jets around the world ( private jet of course)," educating " us in how to save the planet!Well how about leading by example!
@@lloydsingline340 he obviously considers it his problem given he has made it his priority to go around the world talking very directly and clearly about the issue. This is a forum for higher class people, yeah that's true, these are the people that are behind finance, politics. Even though that is the case, at least these "elites" are talking about it and ideally pushing others in this group to take this issue very seriously. It's better than nothing, which is what the the republicans will give you -nothing. A void future.
I agree with @dough3819 and @Karlwheatley though, these discussions won't mean much to most people until they are included. I think Kerry would go to Charleston, WV with this message. However, I don't think people in many areas of the US want to hear this message.
Thank you for putting this together. Appreciate this discussion a lot!
We are facing what we deserve by ignoring this problem . Sadly 😮
You must tax and fine oil corporations. Simple solution but decision makers may not be up to it, so people power needed, like Gretta.
It’s too late 😢 We need to make big changes. Transition away from fossil fuels, change how we live, change how we think, don’t look in a rear view mirror to move forward faster
'Follow the Science!' they/them frantically tiktok'd on they/them'ns rose-gold Made in China iPhöne!😂
_"It's Been 35 Years Since It Was This Hot In Early June!"_ In other words, it was as hot in 1990 and hotter still in 1930s. *MAGIC CO2!*
Misinformation
@@Greenspaceservices When I was getting my 'I Am the Science!' Environmental Science degree they had a Help Line where I studied to avoid the Dorm Follies. Mostly lonely or emotional people, but there were always the End of Days! rabbinicals. That was pathetic but scaredy was the guy who called "I Am Lord Get Your Master!". A true psycho split- personality, part Coyote-Trickster, part Beezebub Wanna Be. "I Am Lord Gore!. Sure you are, pal.
@@Greenspaceservices Now who is the Denier?😂
The AMOC is going to shut down.
It may have already
The jet streams
are not normal at all
coral reefs, kelb woods are faster
We will all pay. But not with money.
If you don't insist on being buried - it's free.
The idea that it will 'cost your life' is a culturally conditioned belief.
@@volkerengels5298ya if your culture is of the poorer countries.
@@globalwarming382 No No
Fear of loss requires a sense of ownership. This is more common in rich countries. You understand
In fact, I live in one of the richest countries in the world. We invented the Porsche you want, babe
Absolutely all of us. Except those who are already gone. They get to quit.
Let's make the TV industry pay the costs.
Appreciate this vital conversation. We must do more individually so that we can summon collective will. It could be a galvanizing moment for the world. So sick of the greed.
The poor and poor countries are paying and will continue to pay. The question really is how soon will the wealthy help to ease that burden and will the catastrophe need to touch them unavoidably first.
I live on the western slope of Colorado, have lived in Aspen, and still visit there about once a year. That airport has 50 +\- private jets parked there year round with constant activity by the hour. I find it ironic that they hold this discussion in Aspen, and also wonder if the participants traveled there on private jets as well.
Many of us during the pandemic, we in the health care profession worked for FREE! No pay, no recognition, no rewards and now we are expected to pay for the climate remediation? Knock on the doors of the wealth holders from the pandemic era and collect.
It's all about the money. Hemp is a far better renewable for paper products than trees. According to the paper industry, it would cost too much to retool their equipment.
My husband has always said that his goal in life was to leaving the "Biggest Carbon BOOT PRINT POSSIBLE " , and now he's been diagnosed with a Terminal Illness, he's making every effort, can you say "9 Month Roadtrip! "
(in the 40ft. Diesel Pusher 😉)
Duh... 😢 we all will .. While everyone debates for the last 40 years.
Everything that produces CO2s (the blanket) also produces heat that is hotter than the air, adds more heat to what the sun already produces.
We have been at 107 to 108 degrees Fahrenheit on 6/25. In the San Joaquin Valley. The normal temperature for this time of year should be 93 degrees Fahrenheit. That's 14 to 15 degrees above normal.
_"That's 14 to 15 degrees above normal."_
That's maybe the motivation everyone needs. Could be too late though.
I have deep concern we are not coming at this problem from all the right angles. Water is very important to this issue. It is true that with more heat means more evaporation causing more problems to solve in many ways. Big data centers and mines are going to installed with power in mind but they take massive water resources. Its so humid today it might reach 108 heat index. I purchased a dehumidifier for my living space and it pulls at least a cup of water out every day and it is a simple cheap model. If we use desalination, humidifiers and dehumidifiers to change this situation it could use less energy, create water and take the severity out of this problem. Of course the research and scale would have to be developed but a cooler ocean, weaker weather patterns and more resources might be achieved. Forest fires happen when its dry or less humid for to long and I've seen research saying the tree's are coughing and gasping to breath its just crazy to ignore the simplest of technology and create improved outcomes.
Using economic stability as an excuse to dismiss climate change is like rearranging deck chairs on the Titanic. Approach the solution carefully and thoughtfully sure, the economy matters too, but let’s be honest. We can do better than this. 🙃
It is gonna start from industry then They’re gonna charge on your car and then on your breath.
Mate, it's a tax that they want you to avoid.
When are you going to be speaking to the ongoing climate engineering programs that have been active and expanding worldwide for over 76 years?
There can be no legitimate discussions regarding climate change without first and foremost including the above mentioned problem.
When is that happening and when is it not and how can you tell the difference?
Care to provide a link to legitimate information about your claim? 76 years?
Not the people who caused it/ set up our unsustainable lifestyles.
Thank God he's not a candidate
Usar metáforas de guerra, no ayudan en nada, no es una guerra ni contra la naturaleza ni contra nadie. Lo que necesitamos es generar espacios o herramientas que nos permitan escucharnos. Necesitamos volver a aprender a escucharnos entre nosotros. Hace 40 años el mundo no era asi, habia mas escucha, mas tolerancia. Realizar campañas globales donde la comunicación sea efectiva, es una buena herramienta.
Anyone who thinks they will skate through the next decade without making major changes in their housing, diet, transportation, employment, and energy consumption is living in a dream world. When food and water become precious commodities, our treasured possessions - the fine house (or two), the boat, the RV, the new car - will haunt us with their uselessness.
Citizens assemblies are the only way.
Same people who pay for everything. Leaders destroy things and we citizens pay for it.
49:11 nuclear energy
Thanks aloot
Ladies the 70,'s called
They want those wedges back.
Good eye
By volume, the dry air in Earth's atmosphere is about 78.08 percent nitrogen, 20.95 percent oxygen, and 0.93 percent argon, adding up to 99.96 percent. A brew of trace gases accounts for the other approximately 0.04 percent, including the greenhouse gases carbon dioxide, methane, nitrous oxide and ozone. To think that a small increase (200 parts per million in the last hundred years) of carbon dioxide would affect the weather is absurd.
How about big oil .
There are creative solutions.. more than these people state .
Unless we create a global standard to measure and benchmark carbon performance across each industry and hold each country economically accountable if they don’t hit their reduction targets, we will never achieve a net zero global economy.
_"...and hold each country economically accountable..."_
Let's start with Russia.
isn't it too late to deal with climate change
Economically speaking, it is already too late to stop the big economic crash coming over the next 50 years, even if we transitioned everything to green/clean energy.
All we can do now is determine if that crash is going to be civilization ending or just super painful. The rich will feel this crash the hardest, even if many of the worlds poor will (and already are in India etc) notice and suffer the most from climate change soonest, it is that economic crash that is set to wipe out most currently held wealth.
Think this debate should be held in the democratic Republic of the Congo, see if they think this is the biggest problem , oh and the kids would get a chance to thank you for the employment they are forced to endure .
Climate Change is not an intellectual or an economic issue. It is a human issue that every living human being will address and pay for with their health and their lives.
15:32 _"And what is the ultimate price tag to transition to greener renewable energy. Who pays for these projects and ultimately if we don't do it who pays that price?"_
If we transition it doesn't cost much extra money we just have invest as usual but in different projects and products that don't burn fossil fuels.
If we get distracted by Big Oil and delay the transition or don't finally transition at all it will cause tremendous additional costs to deal with desasters and pay an irresponsible deathtoll.
49:33 _"...and the US is currently 20%...she means nuclear is 20% of the energy demand of the US..."_
Here I have to intervene...
Yes nuclear may have a 20% share on the US electricity demand and how John Kerry said earlier 75% of the US electricity demand may be "green energy", but *electricity* demand does not mean energy demand.
The biggest energy demand 2/3rd or even more of whole energy demand comes from traffic and heating of housing.
This all has to be electrified.
Cars and airplanes are very popular and widespread in the US.
That means emobility and heat pumps have to completely substitute ICE engines and gas and/or oil heaters.
Remember this: A man created two documentaries that predicted the current weather patterns we are experiencing due to our neglect of Earth. Our descendants will face unimaginable suffering as numerous societies collapse and cherished annual cultural events disappear. It's time to pay attention and invest whatever is necessary to protect our most sacred elder, EARTH.
Who will play the costs of climate change? The future is now. We're already playing the costs. The wealthy and Corporations will avoid paying those costs as much and as long as they possibly can. Meanwhile everybody is already paying them. Any homeowner in Florida is already paying huge increases in insurance fees. Anyone living near any coast in the U.S. is paying these costs.
Transition @ 10:15 - Not gonna happen. Watch them all show non verbal tells.
The Oil companies of course!
Equal taxing is a far approch to funding our so called climate change.
Animals have lived successfully on this planet without money for millions of years. We arrive on the scene and can't think about anything else. Until it ceases to be our primary incentive our exit is guaranteed.
Go go industri.....goverments have to make a kind off garantie too the industries😊
John I don’t have a private jet kerry
And.... Trump?
What you have to say is not important.....
Still irrelevant! just a hideous excuse to stay in denial. CC via human caused increase in CO2 is a scientific fact. What one does about it is a completely different issue. And if one flies and is able to make a huge impact, then that is using a cup of water to prime the well.
Poor people.
Oh yeah John, we will get to a transition. But with significant damage. We are at best in damage control mode. Climate crisis not being the only planetary overshoot factor.
You are rich, your children willl cost you about 1.5 million to raise to 18, or longer. Our children are rich, no matter how you argue it because there's too many people right now. Each child will be born into wealth. Especially those of you online.
2005 The Federal Nonnuclear Energy Research & Development Act, 1974 HELLO NBC NEWS,
Hi Senator Kerry, time to do the JOB of least cost energy, the LAW.
Who are the people that are going to build the power technology to save the planet? Is this about MONEY or KNOWLEDGE?
John Kerry should be the 2024 Democratic Nominee.
Yes finally, the start of the end of the world.
If something was going to be done, it would have....30 or 50 years ago. The only thing left is the dismantling of the economy itself and from those ashes something else will potentially form depending on how severe the food security gets. Otherwise, just societal collapse.
No discussion of developed nations, chief among them the US, European nations, China, who are by far the largest historical emitters, paying for the damage these emissions have already caused and continue to cause. There was the usual talk about the US as a leader, etc., but a leader pays for the damage it has caused, i.e., acts morally. If the US and other responsible countries fail to pay for the damage, they have no moral standing to ask others to sacrifice to "fight" (whatever that means) "climate change."
Duh. Poor people will pay.
When pandemic occurred….
Everyone stayed home not driving….
I notice the sky and air more clean…..
Oil demand fell so low that brokers were paying customers to haul the oil away!
Are you saying that pandemic is good for the Earth through sequestration of human activities like humans did not exist. No more tourism, no more long distance travel, no more daily commutes, that will probably put a dent on slowing Global Warming Crisis. Whatever the change, it has to be transformative and lasting!
_"When pandemic occurred…."_
Yes, commuting to work and to do grocery with an EV instead of an ICE car would have a much bigger effect than a pandemic.
What a boring world you would create - try having three kids and rely on public transport to get them around.
@@lloydsingline340 Try thinking of the dying world in a state of climate collapse that you are bringing children into.
I'll tell you what the problem is....we squandered away the chance to transition to a cleaner energy source for home and travel and saving oil reserves for future generations for those products we can't live without decades ago when it would have made a difference. These endless panels saying the same thing over again is useless. We only needed to become carbon neutral, put in what the planet can take out.....no chance we'll ever do that now.
We don't have to 2050...maybe 2030....
No, actually the current short-duration warm period won't peak until at least 2075. Maybe 2100.
@@JimmyD806 " the current short-duration warm period won't peak until at least 2075." The "warm period" is totally determined by our emissions and related feedback loops we are setting in motion. There are no natural cycles that are causing any lasting warming at this point in Earth's history, and if not for our emissions, global temps would have been quite stable for another 50,000 years.
@@karlwheatley1244
What emissions determined the Older Peron Transgression? Or what lack of emissions determined the Middle Bronze Age Cold Epoch or the Iron Age Cold Epoch or the Piora Oscillation?
@@JimmyD806 Thanks for your reply, but as your argument makes zero sense scientifically.
It's akin to saying "My wife usually gets headaches from stress or her period, so the headache she has now can't possibly be from the car crash she was in today."
Many things can and have caused global warming and cooling in the past, but a) NONE of those natural drivers of climate change are doing anything that accounts for the observed warming, b) thousands of studies prove that the warming was caused by our emissions and their inevitable effects, and c) we have 40+ years of quite accurate climate models based on their conclusions about how much additional warming is caused by each XX additional units of CO2.
Ergo, the climate scientists have this figured out, and had it figured out long ago, which is why every nation on Earth--including those that make most of their money from oil--have signed off on a report stating that our emissions caused ~98% of all global warming since 1900.
Take care.
@@karlwheatley1244
Hey, no worries. Science isn't everyone's forte. Or, as Clint Eastwood said, "A good man should always know his limitations."
its ok. take a step back and look at the at the prehistoric record of our planet and you will come to the conclusion that the planet will survive. humans, probably not.
40:02 thats where you lose 99% of ppl interest, when you tell them its Physics. Ppl are stupid.
You guys are worried about OTHER COUNTRIES going deeper in Debt, but you're NOT worried that the UNITED STATES GOING FURTHER IN DEBT???
THAT'S INSANE!!🤬🖕🤬🖕
Do you actually understand and mean what you say?
This old guy's kidding himself. 1.5 is over in the next couple of years. Numbers matter. Over 1.5 we trigger irreversible tipping points. Irreversible.
Ban private jets and yachts 😊
The more you advanced as a nation the more you advanced to your own destruction.
What a hypocrite; ask him about his own carbon footprint.😂
Who will pay? The same people that always pay the poor and disadvantageD
33:16 deutsche bank took risk first with Trumps fraud.
Biden cried to get back in the Paris agreement. What has it done
Juice
This is more blablabla.
The survivors
Why is Biden your candidate? Its like you want to loss to Trump.
It's too late. Pay zero dollars. Pay the consequences.
No.
If ignorance is bliss, this comment would make me happy. Giving up without trying is not a teammate I want.
@@chandleredwards who did you save today
If we weren't still rising... you might have a point... but since continuing is more than capable of pushing us from a damaging and dangerous position to a point of cataclysmic destruction... you don't.
The consequences, as you mildly put it, won't just be something we can throw money toward and fix like it's a broken down car. The kind of devastation inaction will bring wouldn't even allow our current economies to continue in any meaningful manner.
Stephanie? She's the one nobody wants. Done at the beginning
wow this looks dumb
Nah we're toast.
#853That's some cosmic level Sciops voodoö. *Send the $B💵💵💵💵 or the kid gets it!*
ESG Compliance
Materiality Assessments
Corporate Sustainability Reporting Directive
Carbon Border Adjustment Mechanism
_"One ring to find them, and in the darkness, _*_$Bind_*_ them!"_ al-Goreia
I’m losing hope -
No one wants to listen for 30 + years of my own attempts of making the facts heard
Held a seat I. Think tanks to help cater to industries to help them see barely any profit loss in the divesting in fossil fuels
The first time I was with a group we had asked for audience for the un
The corporate leaders laughed
The people cared less
They are worse and trump deregulated the worst earth harming industries
Voted for Kerry In'04
To fix climate change 5 or 6 billion people must go we are the problem even then it will take another 4 to 500 years to fix itself.😢😢
Mild estimate. Multiply it by ten, and that's a good start.
Most of the people who "must go" must be F150 drivers, McDonalds customers, people living in oversized houses, people flying around the world regularly, i.e., people in developed Western nations, not people living in countries whose emissions are miniscule.
@@TobinMiller-el6yk 👍👍👍👍👍👍👍👍👍👍 because I can click 👍 only once.
The earth will be uninhabitable by the year 2060 ......