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The actual cost of preventing climate breakdown | Yuval Noah Harari

24 snips
Jun 17, 2022
Historian Yuval Noah Harari reveals a surprising strategy to combat climate change. He suggests that an investment of just 2% of global GDP could prevent catastrophic outcomes. This modest financial commitment can lead to clean technology advancements and job creation. Harari emphasizes the need for a shift in priorities, reallocating resources away from harmful subsidies toward sustainable solutions. He highlights the hidden costs of the fossil fuel industry and calls for concerted action to reclaim lost funds, offering a hopeful outlook on climate action.
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INSIGHT

Preventing Climate Catastrophe

  • Humanity possesses vast resources and can prevent ecological disaster.
  • Preventing catastrophic climate change is estimated to cost around 2% of global GDP.
INSIGHT

Investing in Clean Technologies

  • Investing 2% of global GDP in clean technologies creates jobs and economic opportunities.
  • This investment will likely be profitable by reducing healthcare costs and air pollution.
ADVICE

Political Action Plan

  • Define the goal as 1.5 degrees Celsius and the means as 2% GDP investment.
  • Frame preventing climate change as a feasible political project.
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