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

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

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11 ай бұрын

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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Пікірлер: 121

@cur1ousbanana 11 ай бұрын

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.

@rudrapratap17 11 ай бұрын

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

@bcascadascrane9831 11 ай бұрын

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

@BK01012 11 ай бұрын

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 11 ай бұрын

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 11 ай бұрын

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

@supertrooper1600 11 ай бұрын

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

@omega7arts 11 ай бұрын

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

@bcascadascrane9831 11 ай бұрын

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

@innerlocus 11 ай бұрын

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

@bcascadascrane9831 11 ай бұрын

Thank you I was wondering where it got started.

@ddpwe5269 11 ай бұрын

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!!!

@hiepkhachnongdan 11 ай бұрын

❤❤

@user-lv8wv3jk4b 11 ай бұрын

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

@kmi187 11 ай бұрын

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

@sentientflower7891 11 ай бұрын

See the oil industry!

@vthilton 11 ай бұрын

Save Our Planet Now

@blissas7261 11 ай бұрын

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.

@InspiringKeynoteSpeakers 11 ай бұрын

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!

@1981dAVIDE 11 ай бұрын

Unfortunately save ourselves is not cost effective

@user-kh8jy5ec8o 11 ай бұрын

This should be the text on my grave

@Alex-cd3lr 11 ай бұрын

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

@jazmineflores887 5 ай бұрын

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

@CraigMcDonald1234 11 ай бұрын

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 11 ай бұрын

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

@MarkVO 11 ай бұрын

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 11 ай бұрын

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 11 ай бұрын

@@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 11 ай бұрын

@@juliahenriques210 governments are not accountable when money disappears.

@bcascadascrane9831 11 ай бұрын

SPOT ON.

@jollyabias 11 ай бұрын

@@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

@richard_d_bird 11 ай бұрын

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

@theodoresweger4948 11 ай бұрын

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

@adw00000 11 ай бұрын

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

@codywalter 11 ай бұрын

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.

@metal6948 11 ай бұрын

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 11 ай бұрын

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

@shinbo1007 11 ай бұрын

OMG

@danishjaved454 7 ай бұрын

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

@flowerfloc 11 ай бұрын

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

@sendthis9480 11 ай бұрын

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

@colbertbigby2636 11 ай бұрын

Gdwork Sir 🥇

@adigerlaprasad5348 11 ай бұрын

World no 1 chanal TED 🙏🇮🇳🇮🇳🇮🇳🏆

@bobclarke2242 11 ай бұрын

Fossil Fuel taxes to pay for Green Solutions 🌎🌳🐝

@arthurfoyt6727 10 ай бұрын

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

@edhero4515 11 ай бұрын

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.

@kifa7878 11 ай бұрын

This is real perfect speaking

@aethellstan 11 ай бұрын

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

@jollyabias 11 ай бұрын

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 11 ай бұрын

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

@jollyabias 11 ай бұрын

@@aethellstan soon

@jollyabias 11 ай бұрын

@@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 11 ай бұрын

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 11 ай бұрын

😢

@praveenmunda1323 11 ай бұрын

Look who is talking?

@jazmineflores887 5 ай бұрын

yo mama

@goetwil3399 11 ай бұрын

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...🙏🙏🙏

@ProSto7343 11 ай бұрын

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

@jollyabias 11 ай бұрын

I think your clue is the Philippines

@worldpeace6278 11 ай бұрын

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

@ronoldcross8189 11 ай бұрын

Those responsible must pay, not the victims.

@MOIZIYAH 11 ай бұрын

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

@PaulADAigle 11 ай бұрын

He lost me at "loans".

@pondholloworchards 11 ай бұрын

Y'all get ready your breathing will be taxed

@ProSto7343 11 ай бұрын

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

@chelseashurmantine8153 11 ай бұрын

Air will be privatized by O’Hare air

@sentientflower7891 11 ай бұрын

Try living downwind a coal power plant.

@pondholloworchards 11 ай бұрын

@@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 11 ай бұрын

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

@pueohoot543 11 ай бұрын

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

@cldude691 11 ай бұрын

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 11 ай бұрын

World Bank shill

@piku5637 11 ай бұрын

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

@ronoldcross8189 11 ай бұрын

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

@lunapasquale 11 ай бұрын

Get LOST

@colbertbigby2636 11 ай бұрын

Trumpers 😩

@lunapasquale 11 ай бұрын

@@colbertbigby2636 Marxists 🤣

@Anonymoose66G 11 ай бұрын

@@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 11 ай бұрын

@@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 11 ай бұрын

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

@SylvainDuford 11 ай бұрын

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

@Knight766 11 ай бұрын

The rich will pay, in money or blood.

@arthurfoyt6727 10 ай бұрын

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

@nthurai6414 11 ай бұрын

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

@dwad3ify 11 ай бұрын

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

@bennobassosaurus7078 11 ай бұрын

Propaganda talks

@importantname 11 ай бұрын

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 11 ай бұрын

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

@Trynnagetmydegree__ 6 ай бұрын

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

@steveweiss7191 11 ай бұрын

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.

@antonioas709 11 ай бұрын

Bill gates should pay for it

@mindyourownbastardbu 11 ай бұрын

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...