How Can We Escape Soaring Energy Bills? Stop Using Fossil Fuels | Tessa Khan | TED

41,468 views ・ 2022-12-12

TED


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In the decades since the world became dependent on oil and gas,
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we’ve been through cycle after cycle of boom and bust, of crisis and recovery.
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In the 1970s, the 90s and now in 2022, with Russia’s war against Ukraine,
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we find ourselves once again in the grip of soaring fossil fuel prices
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that have exposed so many countries to deep social and economic strife.
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Instead of the usual cycle of crisis and then return to a fragile status quo,
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this can and must be the last time that we are left so vulnerable.
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Let me tell you why.
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In the last year, we've reached unprecedented clarity
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about the fact that there is no room for new fossil fuel infrastructure
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if we are to have a decent shot
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of limiting the warming of our climate to 1.5 degrees.
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These warnings have sounded against a terrifying backdrop of climate chaos:
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Europe’s rivers running dry,
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apocalyptic flooding in Pakistan,
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savage wildfires, heat and drought across the world.
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The devastation wrought by our warming climate
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driven by the burning of oil, gas and coal
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can no longer be ignored.
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At the same time,
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a new reality, also driven by our dependency on fossil fuels,
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has been playing out in some of the richest countries in the world.
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In the UK, millions of people
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are coming face to face with the desperate reality
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behind the term "fuel poverty."
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We've had stories about pensioners riding public buses all day to stay warm,
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of local councils opening warm banks
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for people who can't afford to heat their homes.
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Before the UK government announced
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that it was going to freeze the unit price of energy
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in what is considered to be the single most expensive policy announcement
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since the Second World War,
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40 percent of people living in the UK were expected to be in fuel poverty
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by the end of this year.
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Even with that price freeze,
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6.7 million households will struggle to pay their energy bills.
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How did we get here?
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Why is the situation so acute?
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The answer is gas.
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The UK is exceptionally reliant on gas.
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The vast majority of our homes are gas-heated,
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and a big chunk of our electricity is generated by gas-fired power stations.
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With that comes extreme vulnerability to international gas prices
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that are now projected to stay unusually high until at least 2025.
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In the UK and indeed across Europe, this is a moment of huge peril.
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And of huge opportunity.
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As a climate change lawyer and campaigner
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working in the UK and across the global North,
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conversations around fossil fuels in the recent past,
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including about our domestic significant oil and gas industry here in the UK,
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those conversations have until recently been about the impacts of climate change
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that are wreaking havoc in other parts of the world,
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or about impacts that are portrayed as fleeting in the UK.
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It's been very easy for politicians
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and a media focused on short-term news cycles to dismiss.
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But that has now changed forever.
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The only way to address our energy affordability crisis
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is to address its root cause,
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and that is our dependency on fossil fuels.
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That's now common cause, not just across the climate movement,
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but across sectors working on inequality and poverty as well.
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Renewable energy sources,
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which are our only path away from climate catastrophe,
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sources like solar and wind,
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those are now nine times cheaper than gas as a source of electricity in the UK.
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Moreover, we know that we can significantly reduce
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our energy demand here
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by upgrading our homes,
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which are among the coldest and leakiest in Europe.
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While politicians and the fossil fuel industry's proxies might in this moment,
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and indeed are in this moment,
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trying to double down on fossil fuel production
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as a solution to our sky-high energy bills,
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they are about to find out in short order
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that in a moment of acute crisis like this,
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when millions of people are experiencing the impact
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in such a material and tangible way,
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there is no room for peddling false hope.
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There is nowhere to hide.
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And while oil and gas companies continue to record record profits
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off the same forces that are driving families all over the UK into despair,
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it will become even more clear, incontrovertibly clear,
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that boom times for the oil and gas industry
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are bad times for the rest of us.
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Across the UK, there are new movements emerging to make sure
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that we are never put in this position again.
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From campaigns like Warm This Winter to Enough is Enough,
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to movements to stop the opening up of new oil and gas fields,
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like Stop Rosebank,
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to litigation and targeted advocacy,
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there is a wave of action coming to make sure that this is the last cycle.
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This is the last time.
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This can and must be the last alarm bell to sound
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about the true cost of our reliance on fossil fuels
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before we step into a more safe, more just future for us all.
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Thank you.
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(Applause)
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