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Planetary Crisis? Call an Economist! - Ep48: Nick Stern
Cleaning Up: Leadership in an Age of Climate Change
Investments With Great Returns
We need lots of innovation but first and foremost the big investments are in the energy sector, particularly electric power. If you look at the numbers that need to get to net zero by 2050, you need something like a quadrupling of electric power. So much electric power investment in renewables with storage is already cheaper than the dirty last century fossil fuel stuff. These are investments with great returns. But you've got to make the investments. We kill around 10 million people from air pollution out of the total number of deaths of more than 50 million people a year. Not all of it is from very fossil fuel. A lot is.
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