The Climate Crisis Is Expensive - Here’s Who Should Pay for It | Avinash Persaud | TED

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  • Опубликовано: 17 авг 2023
  • The developing world is most affected by climate change but has contributed the least to the problem. Meanwhile, rich countries historically exacerbated the environmental crisis and grew wealthy as a result -- but aren't helping developing countries build climate resilience, which is now more crucial than ever to slowing climate change everywhere. Economist Avinash Persaud has an ambitious proposal to reimagine that dynamic: the Bridgetown Initiative, a groundbreaking vision of how rich countries can catalyze climate mitigation, contribute to loss and damages and help build a sustainable future for all.
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    • The Climate Crisis Is ...
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Комментарии • 121

  • @cur1ousbanana
    @cur1ousbanana 9 месяцев назад +20

    As a Caribbean native, this is a song sang sweet for those who create nice plans but fail to actualize other factors that makes these initiatives fail.

  • @BK01012
    @BK01012 9 месяцев назад +43

    If 100 companies are responsible for 71% of polution i thing its quite logical who should pay for it. I dont get why economist always want the comon people to pay for smth they arent responsible for...

    • @TheAmericanAmerican
      @TheAmericanAmerican 9 месяцев назад

      It's because the vast majority of "economists" are just unwittingly mouthpieces of the capitalists.
      Actual economists know that capitalism has dominated the planet for the last 400 years and is therefore the cause of climate and simultaneously the biggest obstacle to stopping it.

    • @dwad3ify
      @dwad3ify 9 месяцев назад

      Because they aren’t economists, they’re *shills*

    • @supertrooper1600
      @supertrooper1600 9 месяцев назад +6

      That’s because all costs incurred upon a company are transferred to the consumer.

    • @omega7arts
      @omega7arts 9 месяцев назад

      The ones responsible are the consumers who buy products stemming from polluting sources. That is you and me.

    • @bcascadascrane9831
      @bcascadascrane9831 9 месяцев назад +2

      They want it all and for us to serve them till we die.

  • @rudrapratap17
    @rudrapratap17 9 месяцев назад +5

    Now it's time that Governments really need to come together while taking combined systematic actions to combat climate change.

    • @bcascadascrane9831
      @bcascadascrane9831 9 месяцев назад

      The first attempts are called The Paris Agreement. Much work to get everyone on the same page.

  • @kmi187
    @kmi187 9 месяцев назад +23

    When this type of money is involved, corruption is a certainty.

  • @innerlocus
    @innerlocus 9 месяцев назад +6

    "He who dies with the most toys wins." The quote was initially attributed to flamboyant millionaire Malcolm Forbes.

    • @bcascadascrane9831
      @bcascadascrane9831 9 месяцев назад +1

      Thank you I was wondering where it got started.

  • @ddpwe5269
    @ddpwe5269 9 месяцев назад +10

    Great presentation! Now, if only we could implement these things with the richer countries so we can finally start doing stuff that WILL affect the climate problem! As Avi said, all that's being done at the moment is talk, talk, talk and point fingers. Let's get this going!!!

  • @user-lv8wv3jk4b
    @user-lv8wv3jk4b 9 месяцев назад +1

    Does anyone remember a popular song by Rush. The Trees. . . The last line. . . Hatchett Axe and Saw. . . That song comes to mind. Give it a listen

  • @hiepkhachNT85
    @hiepkhachNT85 9 месяцев назад +1

    ❤❤

  • @blissas7261
    @blissas7261 9 месяцев назад +1

    it's sad how rich countries are not willing to help the poor countries to retrieve of the climate change crisis. In south India, it's scorching hot, like the summer heat, which is not the month of hot climate which is right now as i write this, I wish the world could awake and see the climate change crisis happening in the world right now and causing people's lives.

  • @vthilton
    @vthilton 9 месяцев назад +2

    Save Our Planet Now

  • @InspiringKeynoteSpeakers
    @InspiringKeynoteSpeakers 9 месяцев назад +5

    We should totally get behind these ideas and start making a difference for our planet. Avi is right - we need to stop all the talking and blaming and actually do something!

  • @Alex-cd3lr
    @Alex-cd3lr 9 месяцев назад +4

    Yah, nice narrative my dude. My 1.6 horrendous Honda diesel is for SURE the issue here

    • @jazmineflores887
      @jazmineflores887 3 месяца назад

      naw bc ik that honda alone created holes in our ozone layer

  • @1981dAVIDE
    @1981dAVIDE 9 месяцев назад +2

    Unfortunately save ourselves is not cost effective

    • @user-kh8jy5ec8o
      @user-kh8jy5ec8o 9 месяцев назад +1

      This should be the text on my grave

  • @richard_d_bird
    @richard_d_bird 9 месяцев назад +4

    oh it will get paid for, whether anything's done about it or not. in money or in blood.

  • @adw00000
    @adw00000 9 месяцев назад +22

    How about the billionaires pay for it. The messed it up in the first place.

    • @codywalter
      @codywalter 9 месяцев назад

      They will never have to pay for anything. We can talk about it til the end of time. The world is their playground. The upper 1% are the only ones who live the American dream.

  • @flowerfloc
    @flowerfloc 9 месяцев назад +13

    the rich, the rich need to pay for it.
    How is this even a question

    • @sendthis9480
      @sendthis9480 9 месяцев назад +1

      I mean….duh.
      Rich people are really the only ones that help.
      How many millions have you donated??

  • @theodoresweger4948
    @theodoresweger4948 9 месяцев назад

    We know who should but the question is who will if anyone..???

  • @aidenknight6948
    @aidenknight6948 9 месяцев назад +4

    I think all the enormous oil companies who’ve spearheaded this crisis should pay their fair share. The people who can AFFORD to pay for this should pay.

    • @bcascadascrane9831
      @bcascadascrane9831 9 месяцев назад

      Did you see Al Gore ? He made it all plan as your nose... Great Lecture.

  • @CraigMcDonald1234
    @CraigMcDonald1234 9 месяцев назад +3

    FYI, in 2022, 23% of power produced in US was from solar, wind and hydro. Just 30 years earlier in 1992 it was 44%. Things are getting better.
    if we don't value something enough we over-consume it, says the 'chubby man' on stage. He was chock full of audience grabbing cliches so I have to poke fun of him. some things he said which are triggering......the rich caused global warming. energy consumption is slanted towards the rich. the rich should pay more...........
    I make $35,000/year in USA which is $20,000 less than average in the USA, but 35 times more than the average Indian or Honduran. In the USA I'm poor. In Honduras and India I'm rich. Should I pay for my energy sins by giving money to India and Honduras?

    • @user-kh8jy5ec8o
      @user-kh8jy5ec8o 9 месяцев назад

      @TobinMiller-wt6yf You say Eu but Eu means ALL EUROPEAN UNION MEMBERS over 28 countries for 1

  • @adigerlaprasad5348
    @adigerlaprasad5348 9 месяцев назад +1

    World no 1 chanal TED 🙏🇮🇳🇮🇳🇮🇳🏆

  • @MarkVO
    @MarkVO 9 месяцев назад +20

    This is the common, idealistic, "someone else should pay for it" solution that doesn't work in the real world.
    Funnelling money through governments is the single most inefficient way to do things and completely ignores the fact that local officials will pocket these funds for their own self interest.
    By disincentivising coal/LNG through taxation you will make all energy more expensive for EXACTLY the people you think you're trying to save.
    Petrol generators are commonplace in natural disasters and help keep people's electricity running.
    Huge loans will artificially inject funds in the economy, increasing the money supply, causing prices to spike. This will simply inflate energy prices and kick the can down the road further.
    Rich people can handle a price hike, the poor can't.
    By all means, take out loans to help the immediate consequences of natural disasters, but the economy needs to be freed up and incentives need to be provided to promote private foreign investment so people can build and work towards being able to choose renewable energy, thus driving costs down.

    • @juliahenriques210
      @juliahenriques210 9 месяцев назад +6

      Private foreign investment was precisely what got us here in the first place. Governments, however bad, are held slightly accountable at ellections. The private sector can just literally make a run for its money.

    • @BrandonAbernathy
      @BrandonAbernathy 9 месяцев назад +3

      ​@@juliahenriques210this couldn't be more wrong. Governments are completely unaccountable and the private sector, what isn't in bed with the government, is wholly accountable. This isn't even debatable.

    • @MarkVO
      @MarkVO 9 месяцев назад +1

      @@juliahenriques210 governments are not accountable when money disappears.

    • @bcascadascrane9831
      @bcascadascrane9831 9 месяцев назад +1

      SPOT ON.

    • @jollyabias
      @jollyabias 9 месяцев назад

      ​@@BrandonAbernathythis topic u know who this small country can help climate change gas and oil is coming of course the gold invest this country solve problem financial crisis global warming no gold back up money which country two much gold and etc. Only Philippines topic more resources and good economics

  • @danishjaved454
    @danishjaved454 5 месяцев назад

    Ok you make peace and we will invest more in green energy

  • @shinbo1007
    @shinbo1007 9 месяцев назад +1

    OMG

  • @edhero4515
    @edhero4515 9 месяцев назад

    I am not smart enough to understand what exactly he is proposing. He comes across as a green, "sustainable systems" thinking Christian Lindner without the learning disability. I like him.

  • @bobclarke2242
    @bobclarke2242 9 месяцев назад +1

    Fossil Fuel taxes to pay for Green Solutions 🌎🌳🐝

    • @arthurfoyt6727
      @arthurfoyt6727 8 месяцев назад

      Or state the obvious: This is socialism in the guise of "helping".

  • @colbertbigby2636
    @colbertbigby2636 9 месяцев назад

    Gdwork Sir 🥇

  • @kifa7878
    @kifa7878 9 месяцев назад +3

    This is real perfect speaking

  • @goetwil3399
    @goetwil3399 9 месяцев назад

    May God Be Always with You Sir...🙏🙏🙏🙏🙏
    It has been a long long long time ago..., "The Power" of " The Fosil Kingdoms" & their Monet... are much stronger...🙏🙏🙏

  • @alias7343
    @alias7343 9 месяцев назад +2

    Our 800+ military bases around the world couldn't have anything to do with it.

  • @ronoldcross8189
    @ronoldcross8189 9 месяцев назад +1

    Those responsible must pay, not the victims.

  • @praveenmunda1323
    @praveenmunda1323 9 месяцев назад

    Look who is talking?

  • @jollyabias
    @jollyabias 9 месяцев назад

    I think your clue is the Philippines

  • @aethellstan
    @aethellstan 9 месяцев назад +6

    "the colonial era"? hasn't our entire history been the colonial era in one form or another? mongols, sumarians, egyptians, han chinese etc...

    • @jollyabias
      @jollyabias 9 месяцев назад

      This topic he vedio one person the leader is solve of global warming financial crisis need all country this leader is economist etc. Only Philippines president this prophet

    • @aethellstan
      @aethellstan 9 месяцев назад

      @@jollyabias couldn't have put it better myself...!

    • @jollyabias
      @jollyabias 9 месяцев назад

      @@aethellstan soon

    • @jollyabias
      @jollyabias 9 месяцев назад

      @@aethellstan remember colonial of spanish o spanyol lost spanish colonial then america colonial era of Philippines the original name of Philippines is MAHARLIKA but the spanish colony change the name of maharlika to Filipinas and war anerica and spanish so lost war win america so america colony Filipinas to change name english is Philippines why spanish colony because of more island of the Philippines more resources

    • @jollyabias
      @jollyabias 9 месяцев назад

      And sea in the Philippines is more deposit of gas and oil the west Philippines still remember china want the west Philippines sea because of more resourses can not explore drill the west Philippines sea because of china soon is coming

  • @kristianseo
    @kristianseo 9 месяцев назад

    😢

  • @PaulADAigle
    @PaulADAigle 9 месяцев назад +3

    He lost me at "loans".

  • @pondholloworchards
    @pondholloworchards 9 месяцев назад +31

    Y'all get ready your breathing will be taxed

    • @alias7343
      @alias7343 9 месяцев назад

      Exactly. Gas masks and exorbitantly expensive oxygen canisters on the way.

    • @chelseashurmantine8153
      @chelseashurmantine8153 9 месяцев назад +1

      Air will be privatized by O’Hare air

    • @sentientflower7891
      @sentientflower7891 9 месяцев назад

      Try living downwind a coal power plant.

    • @pondholloworchards
      @pondholloworchards 9 месяцев назад

      @@sentientflower7891 if you don't like it move I live close to a nuclear power plant what happens if it melts down I'm not scared tho

    • @alexzanderthompson1709
      @alexzanderthompson1709 9 месяцев назад

      @@pondholloworchardsdeaths from nuclear power is a fraction of the amount of deaths from coal power. Even accounting for the disproportionate amount of coal power

  • @worldpeace6278
    @worldpeace6278 9 месяцев назад

    Talk without action 😂😂😂😂😂 reason why climate hit hard man made crisis

  • @MOIZIYAH
    @MOIZIYAH 9 месяцев назад

    walk the talk instead of walking the gob.. practice what your preach machan

  • @pueohoot543
    @pueohoot543 9 месяцев назад +1

    It’s all malarkey, hobcough, they speak about a future like we have time to find a solution… THE WORLD IS NOT WAITING FOR ANY ONE SPECIES TO TAKE THE HELM, Mommas got her own plans for how things are guna go from her on

  • @ronoldcross8189
    @ronoldcross8189 9 месяцев назад +1

    The super rich. 0001% with their boats yachts, mansions, must take some financial responsibility.

  • @cldude691
    @cldude691 9 месяцев назад +1

    This is a ridiculous supposition of cause and effect. Rich countries get hit by just as many natural disasters as poor, we are just far better equipped the handle them by our innate productive and long term planning mindset. When was the last time someone sent (meaningful) aid to the US? I certainly can't remember it. It is not the fault of the rich countries that the other countries can't get their act together. This guy probably flew first class then got driven to this talk, meanwhile he will go home to his likely large house that consumes enough energy for 100 households. Rich climate alarmists do this all the time - it's simply a scam to take your money, until they actually do something that affects them personally.

  • @sfjarhead4062
    @sfjarhead4062 9 месяцев назад +1

    World Bank shill

  • @piku5637
    @piku5637 9 месяцев назад +1

    The bourgeoisie need to answer for their crimes. The proletariat shouldn’t pay the price.

  • @arthurfoyt6727
    @arthurfoyt6727 8 месяцев назад

    Crisis? Save the world?
    The good news is that there is no climate crisis.

  • @Knight766
    @Knight766 9 месяцев назад +2

    The rich will pay, in money or blood.

  • @SylvainDuford
    @SylvainDuford 9 месяцев назад +1

    Another one who says "nucular". Don't know why but that makes me cringe every time. Otherwise, good presentation.

  • @lunapasquale
    @lunapasquale 9 месяцев назад +7

    Get LOST

    • @colbertbigby2636
      @colbertbigby2636 9 месяцев назад +2

      Trumpers 😩

    • @lunapasquale
      @lunapasquale 9 месяцев назад +1

      @@colbertbigby2636 Marxists 🤣

    • @Anonymoose66G
      @Anonymoose66G 9 месяцев назад

      @@lunapasquale Is that supposed to be inherently negative? What's the point of throwing around these types of nonsensical ideals? I mean is it inherently negative for me to call you a capitalist? No... I'd like to hear why you think Marxism is inherently negative.
      Any reply would be encouraged and welcomed, thanks.

    • @TheAmericanAmerican
      @TheAmericanAmerican 9 месяцев назад

      ​@@lunapasqualeyou act as if calling someone a Marxist is a bad thing? Why? Karl Marx was based af and was a pen pal with Abraham Lincoln who thought that Marx's criticism of capitalism was great.
      Being a Marxist is one of the most American things possible! ✊️🇺🇲

    • @lunapasquale
      @lunapasquale 9 месяцев назад

      @Jacobl66 if you don't know go read another Rules for Radicals
      How bout 1984??

  • @nthurai6414
    @nthurai6414 9 месяцев назад +3

    Excessive amount Greed of Capitalistic Economic system will eventually destroy this beautiful planet once the non renewable energy source is completely finished.

    • @dwad3ify
      @dwad3ify 9 месяцев назад +1

      The planet will be fine. Eventually shake us off like a bad case of fleas and nature will recover

  • @bennobassosaurus7078
    @bennobassosaurus7078 9 месяцев назад +1

    Propaganda talks

  • @antonioas709
    @antonioas709 9 месяцев назад

    Bill gates should pay for it

  • @steveweiss7191
    @steveweiss7191 9 месяцев назад

    We need more fossil fuels, not less. Lots more because the need for cheap and reliable energy is growing and needs to grow a lot more.

  • @importantname
    @importantname 9 месяцев назад +1

    Which or what climate crisis? Adapt, or die - the climate is always changing, the only difference this time is we humans are speeding up to evolution from snow ball to hot. Start figuring out how your family will survive the extremes. Stop worrying about who to blame. Unless your a Lawyer and then you can spend all your time blaming and sueing someone else.

    • @sentientflower7891
      @sentientflower7891 9 месяцев назад +1

      If you step in front of a dump truck you can adapt to getting run over by dying.

    • @Trynnagetmydegree__
      @Trynnagetmydegree__ 4 месяца назад

      How much of an extreme is survivable? LMAO shall we leave you behind while the Earth is in shambles to test your assumption?

  • @mindyourownbastardbu
    @mindyourownbastardbu 9 месяцев назад

    The world isn't burning. The only way you can make resilience is by moving everything underground. You could place the entry, say, in the antarctic...