What the Fossil Fuel Industry Doesn't Want You To Know | Al Gore | TED

771,640 views ใƒป 2023-08-07

TED


ืื ื ืœื—ืฅ ืคืขืžื™ื™ื ืขืœ ื”ื›ืชื•ื‘ื™ื•ืช ื‘ืื ื’ืœื™ืช ืœืžื˜ื” ื›ื“ื™ ืœื”ืคืขื™ืœ ืืช ื”ืกืจื˜ื•ืŸ.

ืชืจื’ื•ื: aknv tso ืขืจื™ื›ื”: zeeva livshitz
00:08
The most important question these days
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ื”ืฉืืœื” ื”ื—ืฉื•ื‘ื” ื‘ื™ื•ืชืจ ื‘ื™ืžื™ื ื•
00:10
is how can we speed up the solutions to the climate crisis?
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ื”ื™ื: ืื™ืš ื ื•ื›ืœ ืœื–ืจื– ืืช ืคืชืจื•ื ื•ืช ืžืฉื‘ืจ ื”ืืงืœื™ื?
00:15
I'm convinced we are going to solve the climate crisis.
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ืื™ืŸ ืœื™ ืกืคืง ืฉื ืคืชื•ืจ ืืช ืžืฉื‘ืจ ื”ืืงืœื™ื.
00:18
We've got this.
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ื–ื” ื‘ื™ื›ื•ืœืชื ื•.
00:19
But the question remains, will we solve it in time?
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ืื‘ืœ ื”ืฉืืœื” ื”ื™ื: ?ื”ืื ื ืคืชื•ืจ ืื•ืชื• ื‘ื–ืžืŸ
00:24
Others have said we're kind of in a race.
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ื›ื‘ืจ ื ืืžืจ ืฉืื ื• ืงืฆืช ื‘ืžื™ืจื•ืฅ.
00:26
I'll give you the the shortest definition of the problem.
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ืืฆื™ื’ ืœื›ื ืืช ื”ื”ื’ื“ืจื” ื”ื›ื™ ืงืฆืจื” ืฉืœ ื”ื‘ืขื™ื”.
00:29
If I was going to give a one-slide slide show, it would be this slide.
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ืื™ืœื• ื”ื™ื™ืชื™ ื ื•ืชืŸ ื”ืจืฆืื” ืขื ืฉืงื•ืคื™ืช ืื—ืช ื‘ืœื‘ื“ ื”ื™ื ื”ื™ืชื” ื–ืืช:
00:35
That's the troposphere, the lowest part of the atmosphere.
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ื–ืืช ื”ื˜ืจื•ืคื•ืกืคื™ืจื”, ื”ื—ืœืง ื”ื›ื™ ื ืžื•ืš ื‘ืื˜ืžื•ืกืคื™ืจื”.
00:38
And you already know why it's blue.
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ื•ื›ื•ืœื›ื ื™ื•ื“ืขื™ื ืžื“ื•ืข ืฆื‘ืขื” ื›ื—ื•ืœ:
00:40
That's the oxygen that refracts the blue light.
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ื‘ื’ืœืœ ื”ื—ืžืฆืŸ, ืฉื‘ื• ืžืฉืชื‘ืจ ื”ืื•ืจ ื”ื›ื—ื•ืœ.
00:43
And if you could drive a car at highway speed straight up in the air,
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ืื™ืœื• ื ื”ื’ืชื ื‘ืžื›ื•ื ื™ืช ื‘ืžื”ื™ืจื•ืช ืจื’ื™ืœื” ื”ื™ื™ืฉืจ ืœืžืขืœื” ื‘ืื•ื•ื™ืจ,
00:47
you'd get to the top of that blue line in about five to seven minutes.
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ื”ื™ื™ืชื ืžื’ื™ืขื™ื ืœืงืฆื” ื”ืงื• ื”ื›ื—ื•ืœ ื”ื–ื” ืชื•ืš 5-7 ื“ืงื•ืช.
00:50
You could walk it in an hour.
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ื‘ื”ืœื™ื›ื” - ื–ื” ื”ื™ื” ืœื•ืงื— ืœื›ื ืฉืขื”,
00:52
And all of the greenhouse gas pollution is below you.
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ื•ื›ืœ ื–ื™ื”ื•ื ื’ื–ื™ ื”ื—ืžืžื” ื ืžืฆื ืžืชื—ืชื™ื›ื.
00:56
That's what we're using as an open sewer.
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ื‘ื“ื‘ืจ ื”ื–ื” ืื ื• ืžืฉืชืžืฉื™ื ื‘ืชื•ืจ ื‘ื™ื•ื‘ ืคืชื•ื—.
00:58
That's the problem.
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ื–ืืช ื”ื‘ืขื™ื”.
01:00
And it's causing a lot of second and third order consequences.
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ื•ื™ืฉ ืœื›ืš ื”ืฉืœื›ื•ืช ืžืกื“ืจื™ ื’ื•ื“ืœ ืฉื ื™ ื•ืฉืœื™ืฉื™.
01:04
And we saw some of them in the northern-tier cities,
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ืจืื™ื ื• ื—ืœืง ืžื”ืŸ ื‘ืขืจื™ ื—ืฆื™ ื”ื›ื“ื•ืจ ื”ืฆืคื•ื ื™,
01:07
including Detroit.
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ื›ื•ืœืœ ื“ื˜ืจื•ื™ื˜.
01:09
This one's from New York City, all the fires in Canada.
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ื–ืืช ืชืžื•ื ื” ืžื”ืขื™ืจ ื ื™ื•-ื™ื•ืจืง -- ื›ืœ ื”ืฉืจื™ืคื•ืช ื‘ืงื ื“ื”.
01:12
And we have gotten used to the fact that the world suffers deep droughts
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ื•ื”ืชืจื’ืœื ื• ืœื›ืš ืฉื”ืขื•ืœื ืกื•ื‘ืœ ืžื‘ืฆื•ืจื•ืช ื—ืžื•ืจื•ืช
01:17
and huge rain bombs and downpours and floods simultaneously.
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ื•ื‘ืžืงื‘ื™ืœ - ืžื”ืคืฆืฆื•ืช ื’ืฉื, ืฉื‘ืจื™ ืขื ืŸ ื•ืฉื˜ืคื•ื ื•ืช.
01:22
The really ingenious new gravity-measuring satellite
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ืœื•ื•ื™ื™ืŸ ืžื“ื™ื“ืช ื”ื›ื‘ื™ื“ื” ื”ื—ื“ืฉ, ื”ืžืชื•ื—ื›ื ื‘ื™ื•ืชืจ
01:25
has given us, for the first time,
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ื”ืขื ื™ืง ืœื ื• ืœืจืืฉื•ื ื”
01:27
the opportunity to see how this plays out worldwide.
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ืืช ื”ื”ื–ื“ืžื ื•ืช ืœืจืื•ืช ืื™ืš ื–ื” ืžืชืคืชื— ื‘ืขื•ืœื ื›ื•ืœื•.
01:31
We get these huge surpluses of water,
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ื™ืฉ ืœื ื• ืขื•ื“ืคื™ ืขื ืง ืฉืœ ืžื™ื,
01:36
the rain bombs and the drought simultaneously.
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ืืช ื”ืคืฆืฆื•ืช ื”ื’ืฉื ื•ืืช ื”ื‘ืฆื•ืจื•ืช ื‘ื•-ื–ืžื ื™ืช.
01:39
And as you can see, the amplitude is increasing.
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ื•ืืชื ืจื•ืื™ื ืฉื”ื”ื™ืงืฃ ื”ื•ืœืš ื•ื’ื“ืœ.
01:42
And at both ends of our planet right now, we're seeing signs of distress.
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ื•ื‘ืฉื ื™ ืงืฆื•ืชื™ื• ืฉืœ ื›ื•ื›ื‘ ื”ืœื›ืช ืฉืœื ื• ืื ื• ืขื“ื™ื ืœืกื™ืžื ื™ ืžืฆื•ืงื”.
01:47
Of course, you know, I've often said,
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ื›ื™ื“ื•ืข ืœื›ื, ืืžืจืชื™ ืœืขืชื™ื ืงืจื•ื‘ื•ืช,
01:49
every night on the TV news is like a nature hike
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ืฉื›ืœ ืขืจื‘, ื‘ื—ื“ืฉื•ืช, ื–ื” ื›ืžื• ืžืกืข ื‘ื˜ื‘ืข ื‘ื—ื–ื•ืŸ ื™ื•ื—ื ืŸ.
01:51
through the Book of Revelation.
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01:53
And just today,
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ื•ื‘ื“ื™ื•ืง ื”ื™ื•ื,
01:55
big flooding in Montpelier, Vermont,
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ื”ืฆืคื•ืช ืขื ืง ื‘ืžื•ื ืคืœื™ื™ื” ืฉื‘ื•ื•ืจืžื•ื ื˜,
01:57
in southern Japan, in India.
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ื‘ื“ืจื•ื ื™ืคืŸ, ื‘ื”ื•ื“ื•.
02:00
And I haven't done a complete scan,
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ืœื ืขื‘ืจืชื™ ืขืœ ื”ื›ืœ,
02:02
but every single day, it's like that.
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ืื‘ืœ ื–ื” ื›ื›ื” ื™ื•ื ื™ื•ื.
02:05
But in Antarctica,
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ืื‘ืœ ื‘ืื ื˜ืืจืงื˜ื™ืงื”,
02:07
some scientists who are normally pretty levelheaded
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ืžื“ืขื ื™ื ืžืกื•ื™ืžื™ื ืฉื”ื ื‘ื“ืจืš-ื›ืœืœ ื“ื™ ืžื™ื•ืฉื‘ื™ื ื‘ื“ืขืชื
02:09
are getting a little bit freaked out, I would say, is a fair definition,
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ื“ื™ ื™ื•ืฆืื™ื ืžื“ืขืชื - ื•ืœื“ืขืชื™ ื–ื• ื”ื’ื“ืจื” ื”ื•ื’ื ืช -
02:13
about the lowest level ever, at this point in the year, of sea ice.
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ื‘ื’ืœืœ ื”ืžืคืœืก ื”ื ืžื•ืš ื‘ื™ื•ืชืจ ืื™-ืคืขื ื‘ื–ืžืŸ ื–ื” ื‘ืฉื ื”, ืฉืœ ื”ืงืจื— ื‘ื™ื.
02:18
And at the other pole, in the North Atlantic,
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ื•ื‘ืงื•ื˜ื‘ ื”ืฉื ื™, ื‘ืฆืคื•ืŸ ื”ืื•ืงื™ื™ื ื•ืก ื”ืื˜ืœื ื˜ื™,
02:21
we're seeing literally off-the-charts temperatures.
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ืื ื• ืขื“ื™ื ืคืฉื•ื˜ื• ื›ืžืฉืžืขื• ืœื˜ืžืคืจื˜ื•ืจื•ืช ืฉื—ื•ืจื’ื•ืช ืžื”ื˜ื‘ืœืื•ืช.
02:26
So obviously, the crisis has to be addressed.
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ืื– ื‘ืจื•ืจ ืฉื™ืฉ ืœื˜ืคืœ ื‘ืžืฉื‘ืจ ื”ื–ื”.
02:31
And the good news is, as others have often said,
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ื•ืœืคื™ ื”ื‘ืฉื•ืจื•ืช ื”ื˜ื•ื‘ื•ืช, ื›ืคื™ ืฉืื—ืจื™ื ืืžืจื• ืœืขืชื™ื ืงืจื•ื‘ื•ืช,
02:34
we are seeing tremendous progress.
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ืื ื• ืจื•ืื™ื ื”ืชืงื“ืžื•ืช ืขืฆื•ืžื”.
02:37
And it starts with the Inflation Reduction Act here in the United States.
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ื”ื—ืœ ืžื”ื—ื•ืง ืœื”ื•ืจื“ืช ื”ืื™ื ืคืœืฆื™ื”, ื›ืืŸ ื‘ืืจื”โ€œื‘.
02:42
President Biden, the Congress, they have passed the best,
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ื”ื ืฉื™ื ื‘ื™ื™ื“ืŸ ื•ื”ืงื•ื ื’ืจืก ื”ืขื‘ื™ืจื• ืืช ื—ืงื™ืงืช ื”ืืงืœื™ื
02:46
biggest climate legislation in all of history,
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ื”ื’ื“ื•ืœื” ื‘ื™ื•ืชืจ ื‘ื›ืœ ื”ื”ื™ืกื˜ื•ืจื™ื”,
02:50
and it's said to be 369 billion.
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ื•ืื•ืžืจื™ื ืฉืžื“ื•ื‘ืจ ื‘-369 ืžื™ืœื™ืืจื“.
02:52
But the heavy lifting is done by tax credits,
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ืื‘ืœ ืขื™ืงืจ ื”ืžืฉืงืœ ื ื•ืคืœ ืขืœ ื ื•ืฉื ื”ื–ื™ื›ื•ื™ื™ื ืžืžืก,
02:55
and most of them are open-ended.
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ื•ืจื•ื‘ื ืื™ื ื ื‘ื’ื“ืจ ืขื ื™ื™ืŸ ืกื’ื•ืจ.
02:57
And the early applications already show
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ื•ืœืคื™ ื”ื™ื™ืฉื•ื ื”ืžื•ืงื“ื ืฉืœ ื–ื”,
02:59
it's going to be well over a trillion dollars,
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ื”ืกื›ื•ื ื™ืขื‘ื•ืจ ื‘ื”ืจื‘ื” ืืช ื˜ืจื™ืœื™ื•ืŸ ื”ื“ื•ืœืจ,
03:01
maybe 1.2 trillion.
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ื›ื ืจืื” ืฉ-1.2 ื˜ืจื™ืœื™ื•ืŸ.
03:03
So this is really good news.
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ืื– ืืœื” ื‘ืืžืช ื‘ืฉื•ืจื•ืช ื˜ื•ื‘ื•ืช.
03:06
And one month after that passed,
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ื•ื—ื•ื“ืฉ ืื—ื“ ืื—ืจื™ ืฉื”ื—ื•ืง ื”ื•ืขื‘ืจ,
03:08
Australia changed its government and started changing its laws.
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ืื•ืกื˜ืจืœื™ื” ื”ื—ืœื™ืคื” ืžืžืฉืœื” ื•ื”ื—ืœื” ืœืฉื ื•ืช ืืช ื—ื•ืงื™ื”.
03:12
And it's now a pro-climate nation.
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ื•ื›ืขืช ื”ื™ื ืื•ืžื” ืฉืชื•ืžื›ืช ื‘ืคืชืจื•ืŸ ืžืฉื‘ืจ ื”ืืงืœื™ื.
03:14
A month after that, Brazil did the same thing,
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ื—ื•ื“ืฉ ืœืื—ืจ ืžื›ืŸ, ื’ื ื‘ืจื–ื™ืœ ืขืฉืชื” ื–ืืช,
03:18
new president, new policies protecting the Amazon.
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ื ืฉื™ื ื—ื“ืฉ, ืฉื™ื ื•ื™ื™ ืžื“ื™ื ื™ื•ืช, ืฉื™ืžื•ืจ ื”ืืžื–ื•ื ืก.
03:22
And throughout, the European Union has resisted the efforts of Russia
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ื•ื‘ื›ืœ ื”ืื™ื—ื•ื“ ื”ืื™ืจื•ืคื™ ื”ืชื ื’ื“ื• ืœืžืืžืฆื™ื” ืฉืœ ืจื•ืกื™ื”
03:27
to blackmail it into supporting
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ืœืกื—ื•ื˜ ืžื”ื ืชืžื™ื›ื” ื‘ืคืœื™ืฉื” ื”ืื›ื–ืจื™ืช ื•ื”ืกื“ื™ืกื˜ื™ืช ืฉืœื” ืœืื•ืงืจืื™ื ื”.
03:29
its sadistic and cruel invasion of Ukraine.
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03:33
And there are other signs of success as well.
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ื™ืฉ ืขื“ื•ื™ื•ืช ื ื•ืกืคื•ืช ืœื”ืฆืœื—ื”.
03:36
China's reached its renewables target five years ahead of time.
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ืกื™ืŸ ืžืงื“ื™ืžื” ื‘ื—ืžืฉ ืฉื ื™ื ืืช ื”ืฉื’ืช ื™ืขื“ื™ ื”ื“ืœืงื™ื ื”ืžืชื—ื“ืฉื™ื ืฉืœื”.
03:39
It's still building a lot of coal, but only 50 percent capacity utilization.
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ื”ื™ื ืขื“ื™ื™ืŸ ืžืคื™ืงื” ื”ืžื•ืŸ ืคื—ื, ืื‘ืœ ืžื ืฆืœืช ืจืง 50%.
03:44
So there is lots of good news.
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ืื– ื™ืฉ ื”ืจื‘ื” ื‘ืฉื•ืจื•ืช ื˜ื•ื‘ื•ืช.
03:46
But still, in spite of this progress,
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ืื‘ืœ ืœืžืจื•ืช ื›ืœ ื”ื”ืชืงื“ืžื•ืช ื”ื–ืืช, ืคืœื™ื˜ื•ืช ื”ืคื—ืžืŸ ืขื“ื™ื™ืŸ ื‘ืขืœื™ื™ื”.
03:48
the emissions are still going up.
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03:50
And the crisis is still getting worse
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ื•ื”ืžืฉื‘ืจ ืขื“ื™ื™ืŸ ื”ื•ืœืš ื•ืžื—ืจื™ืฃ
03:53
faster than we are deploying the solutions.
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ืžื”ืจ ื™ื•ืชืจ ืžื›ืคื™ ื™ื›ื•ืœืชื ื• ืœื”ืชืงื™ืŸ ืืช ื”ืคืชืจื•ื ื•ืช.
03:57
So maybe it's time to look at the obstacles
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ืื– ืื•ืœื™ ื”ื’ื™ืข ื”ื–ืžืŸ ืœื‘ื—ื•ืŸ ืืช ื”ืžื›ืฉื•ืœื™ื ืฉื ื™ืฆื‘ื™ื ื‘ื“ืจื›ื ื•.
04:00
that are standing in our way.
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04:02
I'm going to focus on two of them this afternoon.
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ื”ืขืจื‘ ืืชืžืงื“ ื‘ืฉื ื™ื™ื ืžื”ื.
04:05
First of all, the unrelenting opposition from the fossil fuel industry.
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ืจืืฉื™ืช, ื”ืื•ืคื•ื–ื™ืฆื™ื” ื”ื‘ืœืชื™-ื ืœืื™ืช ืฉืœ ืชืขืฉื™ื™ืช ื“ืœืงื™ ื”ืžืื•ื‘ื ื™ื.
04:11
A lot of people think they're on side and trying to help.
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ืจื‘ื™ื ื—ื•ืฉื‘ื™ื ืฉื”ื ืœืฆื™ื“ื ื• ื•ืžื ืกื™ื ืœืขื–ื•ืจ.
04:15
But let me tell you,
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ืื‘ืœ ืชื ื• ืœื™ ืœื’ืœื•ืช ืœื›ื --
04:16
and the activists will all tell you this,
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ื•ื›ืš ื’ื ื™ืืžืจื• ืœื›ื ื›ืœ ื”ืคืขื™ืœื™ื --
04:19
every piece of legislation, whether it's at the municipal level,
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ืฉื›ืœ ื—ืงื™ืงื” ืฉื”ื™ื, ื‘ืจืžื” ื”ืžื•ื ื™ืฆื™ืคืœื™ืช,
04:23
the regional or provincial level,
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ื”ืื–ื•ืจื™ืช, ื”ืžื—ื•ื–ื™ืช, ื”ืœืื•ืžื™ืช ืื• ื”ื‘ื™ื ืœืื•ืžื™ืช -
04:25
the national level or the international level,
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04:28
they're in there with their lobbyists and with their fixers
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ื”ื ื ืžืฆืื™ื ืฉื ืขื ื”ืฉืชื“ืœื ื™ื ื•ื”ืขืกืงื ื™ื ืฉืœื”ื
04:31
and with their revolving-door colleagues
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ื•ืขื ืขืžื™ืชื™ื”ื ืœื“ืœืช ื”ืžืกืชื•ื‘ื‘ืช,
04:36
doing everything they can to slow down progress.
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ื•ื”ื ืขื•ืฉื™ื ื›ื›ืœ ื™ื›ื•ืœืชื ืœื”ืื˜ ืืช ื”ื”ืชืงื“ืžื•ืช.
04:40
So speeding up progress means doing something about this.
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ืื– ื–ื™ืจื•ื– ื”ื”ืชืงื“ืžื•ืช ืžืฉืžืขื• ืœืขืฉื•ืช ืžืฉื”ื• ื‘ื ื•ื’ืข ืœื›ืš.
04:44
They have used fraud on a massive scale.
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ื”ื ื”ืฉืชืžืฉื• ื‘ืชืจืžื™ื•ืช ื‘ืงื ื”-ืžื™ื“ื” ืขืฆื•ื.
04:49
Theyโ€™ve used falsehoods on an industrial scale.
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ื”ื ื”ืฉืชืžืฉื• ื‘ื›ื–ื‘ื™ื ื‘ื”ื™ืงืฃ ืชืขืฉื™ื™ืชื™.
04:53
And theyโ€™ve used their legacy political and economic networks,
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ื•ื”ื ื”ืคืขื™ืœื• ืืช ื”ืจืฉืชื•ืช ื”ืคื•ืœื™ื˜ื™ื•ืช ื•ื”ื›ืœื›ืœื™ื•ืช ื”ื™ืฉื ื•ืช ืฉืœื”ื,
04:57
lavishly funded,
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ื‘ืžื™ืžื•ืŸ ืคื–ืจื ื™,
04:58
to capture the policy-making process in too many countries around the world.
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ื›ื“ื™ ืœื”ืฉืชืœื˜ ืขืœ ืชื”ืœื™ืš ืงื‘ื™ืขืช ื”ืžื“ื™ื ื™ื•ืช ื‘ืืจืฆื•ืช ืจื‘ื•ืช ืžืื•ื“ ื‘ืจื—ื‘ื™ ื”ืขื•ืœื.
05:04
And the [UN] Secretary General said
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ื•ื’ื ื”ืžื–ื›ื™ืจ ื”ื›ืœืœื™ ืฉืœ ื”ืื•โ€œื ืืžืจ,
05:07
the fossil fuel industry is the polluted heart of the climate crisis.
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ืฉืชืขืฉื™ื™ืช ื“ืœืงื™ ื”ืžืื•ื‘ื ื™ื ื”ื™ื ืœื™ื‘ื• ื”ืžื–ื•ื”ื ืฉืœ ืžืฉื‘ืจ ื”ืืงืœื™ื.
05:13
Now, that's not to say that the men and women who've worked in fossil fuel
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ืื™ืŸ ื‘ื›ืš ื›ื“ื™ ืœื•ืžืจ ืฉื”ื’ื‘ืจื™ื ื•ื”ื ืฉื™ื ืฉืขื‘ื“ื• ื‘ืชืขืฉื™ื™ืช ื“ืœืงื™ ื”ืžืื•ื‘ื ื™ื
05:19
for the last century and a half are not due our gratitude.
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ื‘ืžืื” ื•ื—ืžื™ืฉื™ื ื”ืฉื ื™ื ื”ืื—ืจื•ื ื•ืช ืื™ื ื ืจืื•ื™ื™ื ืœืชื•ื“ืชื ื•.
05:22
They are, and they didn't cause this.
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ื‘ื”ื—ืœื˜ ื›ืŸ, ื•ื–ื” ืœื ื‘ื’ืœืœื.
05:25
But for decades now, the companies have had the evidence.
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ืื‘ืœ ืžื–ื” ืขืฉืจื•ืช ื‘ืฉื ื™ื ื”ื—ื‘ืจื•ืช ื”ืืœื” ื”ื›ื™ืจื• ืืช ื”ืขื“ื•ื™ื•ืช.
05:28
They know the truth, and they consciously decided to lie to publics
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ื”ืŸ ื™ื•ื“ืขื•ืช ืืช ื”ืืžืช,
ื•ื”ืŸ ื”ื—ืœื™ื˜ื• ื‘ืžื•ื“ืข ืœืฉืงืจ ืœืฆื™ื‘ื•ืจ ื‘ืขื•ืœื ื›ื•ืœื•
05:33
all around the world
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ื›ื“ื™ ืœื”ื—ืœื™ืฉ ืืช ื”ืžื•ืžื ื˜ื•ื ื”ืคื•ืœื™ื˜ื™
05:35
in order to calm down the political momentum
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ืฉื™ืขืฉื” ืžืฉื”ื• ื‘ื ื™ื“ื•ืŸ, ื›ื“ื™ ืฉื”ืŸ ืชื•ื›ืœื ื” ืœื”ืžืฉื™ืš ืœืขืฉื•ืช ื›ืกืฃ.
05:39
for doing something about it so they can make more money.
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05:42
It's simple as that.
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ื–ื” ืขื“ ื›ื“ื™ ื›ืš ืคืฉื•ื˜.
05:44
(Applause)
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(ืžื—ื™ืื•ืช ื›ืคื™ื™ื)
05:47
And now they have brazenly seized control of the COP process,
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ื•ื›ืขืช ื‘ืจื•ื‘ ื—ื•ืฆืคืชื ื”ื ื”ืฉืชืœื˜ื• ืขืœ ืชื”ืœื™ืš โ€œื•ืขื™ื“ืช ื›ืœ ื”ืฆื“ื“ื™ืโ€œ (COP),
05:52
especially this year's COP in Dubai in the United Arab Emirates.
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ื•ื‘ืžื™ื•ื—ื“ ืขืœ ื”ื•ื•ืขื™ื“ื” ืฉืœ ื”ืฉื ื” ื‘ื“ื•ื‘ืื™ ืฉื‘ืื™ื—ื•ื“ ื”ืืžื™ืจื•ื™ื•ืช.
05:58
And concern has been building about this for quite some time.
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ื•ื”ื“ืื’ื” ื‘ืงืฉืจ ืœื›ืš ืžืฆื˜ื‘ืจืช ืžื–ื” ื–ืžืŸ ืจื‘.
06:01
I remember when there were so many fossil fuel delegates in Madrid,
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ืื ื™ ื–ื•ื›ืจ ืฉื‘ืžื“ืจื™ื“ ื”ื™ื• ื”ืžื•ืŸ ื ืฆื™ื’ื™ื ืฉืœ ืชืขืฉื™ื•ืช ื“ืœืงื™ ื”ืžืื•ื‘ื ื™ื,
06:06
but by the time we got to Glasgow a year and a half ago,
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ืื‘ืœ ื›ืฉื”ื’ืขื ื• ืœื’ืœืื–ื’ื• ืœืคื ื™ ืฉื ื” ื•ื—ืฆื™,
06:09
the delegates from the fossil fuel companies
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ื ืฆื™ื’ื™ื”ืŸ ืฉืœ ื—ื‘ืจื•ืช ื“ืœืงื™ ื”ืžืื•ื‘ื ื™ื
06:12
made up a larger group than the largest national delegation.
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ื™ืฆืจื• ืงื‘ื•ืฆื” ื’ื“ื•ืœื” ื™ื•ืชืจ ืžื”ืžืฉืœื—ืช ื”ืœืื•ืžื™ืช ื”ื›ื™ ื’ื“ื•ืœื”.
06:17
And why? Why?
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ื•ืžื“ื•ืข? ืžื“ื•ืข? ื›ื™ ื”ื ืขื•ื–ืจื™ื?
06:19
Because they're helping?
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ื”ื ืœื ืขื•ื–ืจื™ื ืืœื ืžื ืกื™ื ืœืขืฆื•ืจ ืืช ื”ื”ืชืงื“ืžื•ืช!
06:20
They're not helping, they're trying to stop progress.
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06:22
And last year in Egypt,
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ื•ืœืคื ื™ ืฉื ื”, ื‘ืžืฆืจื™ื,
06:24
they had more delegates than the combined delegations
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ื”ื™ื• ืœื”ืŸ ื™ื•ืชืจ ื ืฆื™ื’ื™ื ืžื›ืœ ื”ืžืฉืœื—ื•ืช ื’ื ื™ื—ื“
06:28
of the ten most affected countries by climate.
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ืฉื‘ืื• ืžืขืฉืจ ื”ืืจืฆื•ืช ื”ื›ื™ ืžื•ืฉืคืขื•ืช ืžืžืฉื‘ืจ ื”ืืงืœื™ื.
06:33
And now this year's host, which is a petro state,
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ื•ื”ืžื“ื™ื ื” ืฉืžืืจื—ืช ื”ืฉื ื” ืืช ื”ื•ื•ืขื™ื“ื”, ืžื“ื™ื ื” ืฉืžืคื™ืงื” ื ืคื˜,
06:38
has appointed the president of COP28,
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ืžื™ื ืชื” ืืช ื ืฉื™ื ื”ื•ื•ืขื™ื“ื” ื”-28,
06:41
in spite of the fact that he has a blatant conflict of interest,
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ืœืžืจื•ืช ืฉื”ื•ื ื ืžืฆื ื‘ื ื™ื’ื•ื“ ืขื ื™ื™ื ื™ื ื–ื•ืขืง ืœืฉืžื™ื™ื,
06:46
he's the CEO of the Abu Dhabi National Oil Company
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ื›ืžื™ ืฉืžื›ื”ืŸ ื›ืžื ื›โ€œืœ ื—ื‘ืจืช ื”ื ืคื˜ ื”ืœืื•ืžื™ืช ืฉืœ ืื‘ื• ื“ืื‘ื™
06:50
owned by Abu Dhabi.
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ืฉื‘ื‘ืขืœื•ืชื” ืฉืœ ืื‘ื• ื“ืื‘ื™.
06:51
Their emissions are larger than those of ExxonMobil,
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ืคืœื™ื˜ื•ืช ื”ื ืคื˜ ืฉืœื” ื’ื“ื•ืœื•ืช ืžืืœื” ืฉืœ โ€œืืงืกื•ืŸ-ืžื•ื‘ื™ืœโ€œ,
06:55
and they have no credible plan whatsoever to reduce them.
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ื•ืื™ืŸ ืœื” ืฉื•ื ืชื›ื ื™ืช ืžื”ื™ืžื ื” ืœืฆืžืฆื ืื•ืชืŸ.
06:59
So this is the person in charge of the COP.
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ื–ื” ื”ืื™ืฉ ืฉืขื•ืžื“ ื‘ืจืืฉ ื”ื•ื•ืขื™ื“ื”.
07:02
He's a nice guy.
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ื”ื•ื ื‘ื—ื•ืจ ื ื—ืžื“. ื‘ื—ื•ืจ ื—ื›ื.
07:03
He's a smart guy.
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07:04
But a conflict of interest is a conflict of interest.
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ืื‘ืœ ื ื™ื’ื•ื“ ื”ืขื ื™ื™ื ื™ื ื”ื•ื ื ื™ื’ื•ื“ ืขื ื™ื™ื ื™ื.
07:08
And a matter of fact,
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ื•ืœืžืขืŸ ื”ืืžืช,
07:09
they have a plan now to have a new increase in their emissions.
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ื™ืฉ ืœื”ื ืขื›ืฉื™ื• ืชื›ื ื™ืช ืœื”ื’ื“ืœื” ื—ื“ืฉื” ืฉืœ ื”ืคืœื™ื˜ื•ืช ืฉืœื”ื.
07:16
Their plan is to increase the production of both oil and gas
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ื”ืชื›ื ื™ืช ืฉืœื”ื ื”ื™ื ืœื”ื’ื‘ื™ืจ ืืช ื”ืคืงืช ื”ื ืคื˜ ื•ื’ื ื”ื’ื–
07:20
by as much as 50 percent by 2030.
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ื‘ืฉื™ืขื•ืจ ืฉืœ 50% ืขื“ 2023.
07:23
Which is the same time frame
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ื•ื–ื• ืื•ืชื” ืžืกื’ืจืช ื–ืžื ื™ื
07:25
when the world is trying to reduce emissions,
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ืฉื‘ื” ื”ืขื•ืœื ืžื ืกื” ืœื”ืคื—ื™ืช ืคืœื™ื˜ื•ืช,
07:29
by 50 percent by 2030.
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ื‘-50% ืขื“ 2030.
07:31
And the same person has been put in charge of both of those efforts.
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ื•ืื•ืชื• ื”ืื™ืฉ ื”ืชืžื ื” ืœื”ื•ื‘ื™ืœ ืืช ืฉื ื™ ื”ืžืืžืฆื™ื ื”ืืœื”.
07:34
Direct conflict of interest.
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ื ื™ื’ื•ื“ ืขื ื™ื™ื ื™ื ื™ืฉื™ืจ.
07:36
I think it's time to say,
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ืœื“ืขืชื™, ื”ื’ื™ืข ื”ื–ืžืŸ ืœื•ืžืจ,
07:38
wait a minute, do you take us for fools?
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ืจืง ืจื’ืข, ื ืจืื” ืœื›ื ืฉืื ื• ืžื˜ื•ืžื˜ืžื™ื?
07:41
Do you think you can just completely remove the disguise and we won't notice?
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ื ืจืื” ืœื›ื ืฉืชื•ื›ืœื• ืœื”ืกื™ืจ ืœื’ืžืจื™ ืืช ื”ืžืกื›ื”, ื•ืœื ื ืฉื™ื ืœื‘?
07:46
The fossil fuel industry has captured this process and is slowing it down.
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ืชืขืฉื™ื™ืช ื“ืœืงื™ ื”ืžืื•ื‘ื ื™ื ื”ืฉืชืœื˜ื” ืขืœ ื”ืชื”ืœื™ืš ื”ื–ื” ื•ื”ื™ื ืžืื™ื˜ื” ืื•ืชื•.
07:52
And we need to do something about it.
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ื•ืขืœื™ื ื• ืœืขืฉื•ืช ืžืฉื”ื• ืœื’ื‘ื™ ื–ื”.
07:54
Now, they plan to increase their emissions --
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ื”ื ืžืชื›ื ื ื™ื ืœื”ื’ื‘ื™ืจ ืืช ื”ืคืœื™ื˜ื•ืช ืฉืœื”ื --
07:58
(Applause)
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(ืžื—ื™ืื•ืช ื›ืคื™ื™ื)
08:04
Getting all hot and bothered here.
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ื—ื ืœื™ ื•ืื ื™ ืžืขื•ืฆื‘ืŸ.
08:05
(Laughter)
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(ืฆื—ื•ืง)
08:06
The head of the International Energy Agency was talking
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ืจืืฉ ืกื•ื›ื ื•ืช ื”ืื ืจื’ื™ื” ื”ื‘ื™ื ืœืื•ืžื™ืช
ื”ื–ื›ื™ืจ ื›ืžื” ื—ื‘ืจื•ืช ื ืคื˜
08:10
about several oil companies
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08:11
who have publicly pledged to increase their oil and gas
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ืฉื”ืชื—ื™ื™ื‘ื• ื‘ืคื•ืžื‘ื™ ืœื”ื’ื“ื™ืœ ืืช ื”ืคืงืช ื”ื ืคื˜ ื•ื”ื’ื– ืฉืœื”ืŸ,
08:14
and simultaneously pledged to comply with the Paris Agreement.
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ื•ื‘ืžืงื‘ื™ืœ - ื”ืชื—ื™ื™ื‘ื• ืœืขืžื•ื“ ื‘ื”ืกื›ื ืคืจื™ื–.
08:19
Do you take us for fools?
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ื ืจืื” ืœื›ื ืฉืื ื• ืžื˜ื•ืžื˜ืžื™ื?
08:21
You cannot do both of those things simultaneously.
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ืื™-ืืคืฉืจ ืœืขืฉื•ืช ืืช ืฉื ื™ ืืœื” ื‘ื•-ื–ืžื ื™ืช.
08:25
And if you think we believe you when you say that,
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ื•ืื ื ืจืื” ืœื›ื ืฉืื ื• ืžืืžื™ื ื™ื ืœื›ื ื›ืฉืืชื ืžื“ื‘ืจื™ื ื›ื›ื”,
ืืชื ื˜ื•ืขื™ื.
08:29
we beg to differ.
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08:31
Last year at the COP,
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ื‘ืฉื ื” ืฉืขื‘ืจื”, ื‘ื•ื•ืขื™ื“ื”,
08:33
the fossil fuel petro states vetoed
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ื”ืžื“ื™ื ื•ืช ืžืคื™ืงื•ืช ื”ื ืคื˜ ื”ื˜ื™ืœื• ื•ื˜ื•
08:38
any mention of phasing down fossil fuels.
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ืขืœ ื›ืœ ืื™ื–ื›ื•ืจ ืฉืœ ืฆืžืฆื•ื ื‘ื“ืœืงื™ ื”ืžืื•ื‘ื ื™ื.
08:43
They say, oh, that's not the problem.
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ื”ื ืื•ืžืจื™ื, โ€œืื”, ืœื ื–ืืช ื”ื‘ืขื™ื”.โ€
08:46
One of the secretary of state equivalent in Saudi Arabia
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ืžื™ืฉื”ื• ืžื”ืžืงื‘ื™ืœื” ืฉืœ ืžืฉืจื“ ื”ื—ื•ืฅ ื‘ืขืจื‘ ื”ืกืขื•ื“ื™ืช
08:50
said, we don't see this as a discussion about fossil fuels.
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ืืžืจ, โ€œืื™ื ื ื• ืจื•ืื™ื ืืช ื–ื” ื›ื“ื™ื•ืŸ ืขืœ ื“ืœืงื™ ื”ืžืื•ื‘ื ื™ื.โ€
08:54
Let me tell you,
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ืชื ื• ืœื™ ืœื•ืžืจ ืœื›ื:
08:56
the climate crisis is a fossil fuel crisis.
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ืžืฉื‘ืจ ื”ืืงืœื™ื ื”ื•ื ืžืฉื‘ืจ ื“ืœืงื™ ื”ืžืื•ื‘ื ื™ื.
08:59
The solutions are going to come from a discussion
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ื”ืคืชืจื•ื ื•ืช ื™ื’ื™ืขื• ืžื“ื™ื•ืŸ ื•ืฉื™ืชื•ืฃ ืคืขื•ืœื”
09:02
and collaboration about phasing out fossil fuels.
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ืขืœ ืฆืžืฆื•ื ื•ื‘ื™ื˜ื•ืœ ื”ืคืงืช ื“ืœืงื™ ื”ืžืื•ื‘ื ื™ื.
09:06
And there's only so much longer they can hold this up
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ื•ื™ืฉ ื’ื‘ื•ืœ ืขื“ ื›ืžื” ื”ื ื™ื›ื•ืœื™ื ืœืขื›ื‘ ืืช ื–ื”,
09:10
and tie us down and keep us from doing the right thing.
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ืœื”ื’ื‘ื™ืœ ืื•ืชื ื• ื•ืœืžื ื•ืข ืžืื™ืชื ื• ืžืœืคืขื•ืœ ื ื›ื•ืŸ.
09:15
Now the director general of this year's COP,
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ื”ื™ื•โ€œืจ ืฉืœ ื”ื•ื•ืขื™ื“ื” ื”ืฉื ื”,
09:20
working under Sultan Al Jaber, he worked for ADNOC also,
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ืฉื›ืคื•ืฃ ืœืกื•ืœื˜ืŸ ืืœ-ื’โ€™ื‘ืืจ, ื•ืขื•ื‘ื“ ื’ื ื‘ื—ื‘ืจืช ื”ื ืคื˜ ื”ืœืื•ืžื™ืช ืฉืœ ืื‘ื• ื“ืื‘ื™,
09:24
he was seconded for several years to ExxonMobil.
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ื•ืขื‘ื“ ื–ืžื ื™ืช ืžืกืคืจ ืฉื ื™ื ื‘โ€œืืงืกื•ืŸ-ืžื•ื‘ื™ืœโ€œ.
09:27
He said, no, thatโ€™s all changed. This year, theyโ€™ve changed.
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ื”ื•ื ืืžืจ, โ€œืœื. ื”ื›ืœ ื”ืฉืชื ื”.โ€ ื”ืฉื ื”, ื–ื” ื”ืฉืชื ื” ืืฆืœื.
09:29
The fossil fuel companies are really engaging us.
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ื—ื‘ืจื•ืช ื“ืœืงื™ ื”ืžืื•ื‘ื ื™ื ืžืžืฉ ื ืื‘ืงื•ืช ื‘ื ื•.
09:32
They have changed.
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ื”ืŸ ื”ืฉืชื ื•. ื”ืŸ ื‘ื”ื—ืœื˜ ื”ืฉืชื ื•.
09:33
Yes, they have changed.
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09:34
They've changed for the worse this year.
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ื”ืฉื ื” ื”ืŸ ื”ืฉืชื ื• ืœืจืขื”.
09:37
You don't believe me?
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ืื™ื ื›ื ืžืืžื™ื ื™ื ืœื™?
09:38
Look at this, BP.
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ืจืื• ืืช ื–ื”. ื‘ื™-ืคื™.
09:40
They said, "We're going to net zero, there's no turning back."
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ื”ื ืืžืจื•, โ€œื”ื™ืขื“ ืฉืœื ื• ื”ื•ื ืืคืก-ื ื˜ื•. ืื™ืŸ ื“ืจืš ื—ื–ืจื”.โ€
09:44
A few months ago this year, they turned back
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ื”ืฉื ื”, ืœืคื ื™ ื›ืžื” ื—ื•ื“ืฉื™ื, ื”ื ื—ื–ืจื• ื‘ื”ื
09:46
and they decided to roll back their investments.
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ื•ื”ื—ืœื™ื˜ื• ืœื”ื—ื–ื™ืจ ืืช ื”ืฉืงืขื•ืชื™ื”ื.
09:49
ExxonMobil.
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โ€œืืงืกื•ืŸ-ืžื•ื‘ื™ืœโ€œ. ืืœื•ื”ื™ื ืื“ื™ืจื™ื.
09:50
Oh, my God.
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09:52
This is minor compared to their industrial-scale lying, you know.
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ืืœื” ืฉื˜ื•ื™ื•ืช ื‘ื”ืฉื•ื•ืื” ืœืฉืงืจื™ื ืฉืœื”ื ื‘ื”ื™ืงืฃ ืชืขืฉื™ื™ืชื™.
09:57
But they've had all the TV ads on, particularly in the US,
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ื”ื™ื• ืœื”ื ื›ืœ ืžื™ื ื™ ืคืจืกื•ืžื•ืช ื‘ื˜ืœื•ื•ื™ื–ื™ื”, ื‘ืžื™ื•ื—ื“ ื‘ืืจื”โ€œื‘,
10:02
about revolutionizing biofuels.
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ืขืœ ื“ืœืงื™ื ื‘ื™ื•ืœื•ื’ื™ื™ื ืžื”ืคื›ื ื™ื™ื.
10:04
"You wouldn't believe what algae can do."
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โ€œืœื ืชืืžื™ื ื• ืžื” ืืฆื•ืช ื™ื›ื•ืœื•ืช ืœืขืฉื•ืช.โ€
10:07
Well, for 14 years they ran this program.
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ื”ื ื”ืจื™ืฆื• ืืช ื”ืชื›ื ื™ืช ื”ื–ืืช ื‘ืžืฉืš 14 ืฉื ื”,
10:11
And they spent 50 percent as much on the ads about the program
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ื•ื”ื ื”ืฉืงื™ืขื• 50% ื‘ืคืจืกื•ืžื•ืช ืขืœ ื”ืชื›ื ื™ืช ื”ื–ืืช
10:15
as they did on actually trying to come up with new biofuels.
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ืžื›ืœ ืขืฆื ื”ื ืกื™ื•ื ื•ืช ืœืคืชื— ื“ืœืงื™ื ื‘ื™ื•ืœื•ื’ื™ื™ื ื—ื“ืฉื™ื.
10:19
And then a couple of months ago, they said, "Oh, we've changed our mind.
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ื•ืœืคื ื™ ื›ืžื” ื—ื•ื“ืฉื™ื ื”ื ืืžืจื•, โ€œืื”, ืฉื™ื ื™ื ื• ืืช ื“ืขืชื ื•.
โ€œืคืฉื•ื˜ ื ื‘ื˜ืœ ืืช ื”ืชื›ื ื™ืช ื”ื–ืืช.โ€
10:23
We're just going to cancel that program."
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10:25
The industry as a whole
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ื”ืชืขืฉื™ื™ื” ื‘ื›ืœืœื”
10:27
has not been acting in good faith.
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ืœื ืคื•ืขืœืช ื‘ืชื•ื ืœื‘.
10:32
Shell reversed its commitment to increase their investments in fossil fuels.
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โ€œืฉืœโ€ ื—ื–ืจื” ืžื”ืชื—ื™ื™ื‘ื•ืชื” ืœื”ื’ื“ื™ืœ ืืช ื”ืฉืงืขื•ืชื™ื” ื‘ื“ืœืงื™ ืžืื•ื‘ื ื™ื.
10:37
They announced just a couple of months ago they're going to plow that money
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ืจืง ืœืคื ื™ ื›ืžื” ื—ื•ื“ืฉื™ื ื”ื ื”ื•ื“ื™ืขื• ืฉื”ื ื™ื–ืจื™ืžื• ืืช ื”ื›ืกืฃ ื”ื–ื”
10:41
into expanding oil and gas production instead.
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ืœื”ืจื—ื‘ืช ื”ื”ืคืงื” ืฉืœ ื ืคื˜ ื•ื’ื–.
10:44
So did they miss the memo?
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ื”ื ืœื ื™ื•ื“ืขื™ื ืžื” ืงื•ืจื”?
10:48
Well, no, they say they've discovered a way out.
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ืœื, ื”ื ืืžืจื• ืฉื”ื ื’ื™ืœื• ืžื•ืฆื.
10:52
They're telling us now that the problem is not fossil fuels.
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ืขื›ืฉื™ื• ื”ื ืžืกืคืจื™ื ืœื ื• ืฉื”ื‘ืขื™ื” ืื™ื ื ื” ื“ืœืงื™ ื”ืžืื•ื‘ื ื™ื,
10:56
It's the emissions from fossil fuels.
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ืืœื ื”ืคืœื™ื˜ื•ืช ืฉืœ ื“ืœืงื™ ื”ืžืื•ื‘ื ื™ื.
10:58
And so all we have to do is to capture the emissions from the fossil fuels.
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ื•ืฆืจื™ืš ืจืง ืœืœื›ื•ื“ ืืช ื”ืคืœื™ื˜ื•ืช ืฉืœ ื“ืœืงื™ ื”ืžืื•ื‘ื ื™ื.
11:03
Now, I'm all for research and development
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ืื– ืื ื™ ืœื’ืžืจื™ ื‘ืขื“ ืžื—ืงืจ ื•ืคื™ืชื•ื— ื‘ื ื•ืฉื ืื™ืกื•ืฃ ื”ืคืœื™ื˜ื•ืช
11:07
into trying to capture emissions
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11:09
or sucking it out of the air if they want to do that.
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ืื• ืœืฉืื•ื‘ ืื•ืชืŸ ืžื”ืื•ื•ื™ืจ, ืื ื–ื” ืžื” ืฉื”ื ืจื•ืฆื™ื ืœืขืฉื•ืช.
11:12
But let's don't pretend it's for real.
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ืื‘ืœ ื‘ื•ืื• ืœื ื ืขืžื™ื“ ืคื ื™ื ืฉื–ื” ืžืฆื™ืื•ืชื™.
11:14
Maybe someday it will be.
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ืื•ืœื™ ืคืขื ื–ื” ื™ื”ื™ื” ืžืฆื™ืื•ืชื™.
11:16
Maybe someday it will be.
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ืื•ืœื™ ืคืขื.
11:18
(Applause)
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(ืžื—ื™ืื•ืช ื›ืคื™ื™ื)
11:21
This is the head of ExxonMobil saying, "Not oil and gas,
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ื”ื ื” ื ืฉื™ื โ€œืืงืกื•ืŸ-ืžื•ื‘ื™ืœโ€ ืฉืื•ืžืจ, โ€œื”ื‘ืขื™ื” ืื™ื ื ื” ื”ื ืคื˜ ื•ื”ื’ื–,
11:23
it's the emissions."
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โ€œืืœื ื”ืคืœื™ื˜ื•ืช.โ€
11:25
And Abu Dhabi,
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ื•ืื‘ื• ื“ืื‘ื™,
11:26
they have said they've already decreased their emissions
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ืืžืจื• ืฉื”ื ื›ื‘ืจ ื”ืคื—ื™ืชื• ืืช ื”ืคืœื™ื˜ื•ืช ืฉืœื”ื
11:30
from producing oil and gas, 99.2 percent.
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ืžื”ืคืงืช ื ืคื˜ ื•ื’ื– ื‘-99.2 ืื—ื•ื–.
11:34
The point two makes it sound even more authoritative.
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ื”โ€œื ืงื•ื“ื”.ืฉื ื™ื™ืโ€ ื”ื•ืคืš ืืช ื–ื” ืœืขื•ื“ ื™ื•ืชืจ ืžื”ื™ืžืŸ.
11:37
(Laughter)
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(ืฆื—ื•ืง)
11:39
Is that feasible?
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ื”ืื ื–ื” ืžืขืฉื™? ื”ืื ื”ื ื‘ืืžืช ืขืฉื• ืืช ื–ื”?
11:40
Have they really done that?
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11:41
Is their carbon capture technology thatโ€™s that good?
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ื”ืื ื”ื˜ื›ื ื•ืœื•ื’ื™ื” ืฉืœื”ื ืœืžื™ืฆื•ื™ ืคื—ืžืŸ ื‘ืืžืช ื›ืœ-ื›ืš ื˜ื•ื‘ื”?
11:45
Well, Climate TRACE can measure.
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โ€œืงืœื™ื™ืžื˜ ื˜ืจื™ื™ืกโ€ ื™ื›ื•ืœื” ืœืžื“ื•ื“.
11:46
Now, let's just look.
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ื‘ื•ืื• ื•ื ืจืื”.
11:48
There's their CCS capability.
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ื–ืืช ื™ื›ื•ืœืช ืœื›ื™ื“ืช ื•ืื—ืกื•ืŸ ื”ืคื—ืžืŸ ืฉืœื”ื.
11:50
Oh, but they've got a great improvement in the work.
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ืื‘ืœ ื”ื ืขื•ื‘ื“ื™ื ืขืœ ืฉื™ืคื•ืจ ืจืฆื™ื ื™. ื‘ืขื•ื“ ืฉื‘ืข ืฉื ื™ื,
11:52
Seven years from now,
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11:53
they're going to have a 500 percent increase in their capacity.
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ืชื”ื™ื” ืœื”ื ืขืœื™ื” ืฉืœ 500% ื‘ื™ื›ื•ืœืช ื”ื–ืืช.
11:58
But here are the emissions from oil and gas production alone.
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ืื‘ืœ ื”ื ื” ื”ืคืœื™ื˜ื•ืช ืžื”ืคืงืช ื ืคื˜ ื•ื’ื– ื‘ืœื‘ื“.
12:01
And here are the emissions of greenhouse gases
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ื•ื”ื ื” ื”ืคืœื™ื˜ื•ืช ืฉืœ ื’ื–ื™ ื—ืžืžื”
12:04
from Abu Dhabi, from the UAE.
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ืžืื‘ื• ื“ืื‘ื™, ืžืื™ื—ื•ื“ ื”ืืžื™ืจื•ื™ื•ืช.
12:08
Now, the pathetic little sliver there
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ื”ืงื• ื”ืขืœื•ื‘ ื”ื–ื”, ืฉื, ื‘ื”ืฉื•ื•ืื” ืœืžืฆื™ืื•ืช, ืฉื•ื‘...
12:11
compared to the reality, again,
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12:15
do they think we don't see what they're doing,
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ื”ืื ื”ื ื—ื•ืฉื‘ื™ื ืฉืื™ื ื ื• ืจื•ืื™ื ืืช ืžื” ืฉื”ื ืขื•ืฉื™ื,
12:18
don't understand what they're doing?
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ื•ืœื ืžื‘ื™ื ื™ื ืืช ืžื” ืฉื”ื ืขื•ืฉื™ื?
12:20
A lot of people maybe just want to look away from it.
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ื”ืจื‘ื” ืื ืฉื™ื ืื•ืœื™ ืจืง ืจื•ืฆื™ื ืœื ืœืจืื•ืช ืืช ื–ื”.
12:25
Pretty ironic here in this country.
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ื–ื” ื“ื™ ืื™ืจื•ื ื™, ื‘ืืจืฅ ื”ื–ืืช: ืชืฉืชื™ื•ืช ืฉืจื™ืคืช ื”ืคื—ื
12:26
You know, the coal-burning utilities
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12:28
have been given a new mandate this year by the EPA.
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ืงื™ื‘ืœื• ื”ืฉื ื” ืžื ื“ื˜ ื—ื“ืฉ ืžื”ืกื•ื›ื ื•ืช ืœื”ื’ื ืช ื”ืกื‘ื™ื‘ื”:
12:31
You've got to clean up your act.
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โ€œืืชื ืžื•ื›ืจื—ื™ื ืœื”ืชื—ื™ืœ ืœื”ืชื ื”ื’ ื™ืคื”.
12:33
Now, you can keep on burning coal
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โ€œืชื•ื›ืœื• ืœื”ืžืฉื™ืš ืœืฉืจื•ืฃ ืคื—ื, ื•ืœื”ืคื™ืง ื‘ืขื–ืจืชื• ื—ืฉืžืœ
12:34
and you can keep on producing electricity with it
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12:37
if you use carbon capture and sequestration.
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โ€œืื ืชืฉืชืžืฉื• ื‘ืœื›ื™ื“ื” ื•ืงื™ื‘ื•ืข ืฉืœ ืคื—ืžืŸ.โ€
12:41
Well, they scream bloody murder.
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ื”ื ื–ื•ืขืงื™ื ื—ืžืก. ืขื•ื“ ืกื™ืคื•ืจ ืขืœ ื›ืš, ืžื”ื‘ื•ืงืจ,
12:43
Another story about it this morning,
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12:45
but they say, that technology?
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ืื‘ืœ ื”ื ืื•ืžืจื™ื, โ€œื”ื˜ื›ื ื•ืœื•ื’ื™ื” ื”ื–ืืช? ื”ื™ื ืœื ืžืขืฉื™ืช.
12:47
That's not feasible.
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12:48
It's not technically feasible, not economically feasible.
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โ€œืœื ืžืขืฉื™ืช ืžื‘ื—ื™ื ื” ื˜ื›ื ื™ืช ื•ืœื ืžืขืฉื™ืช ืžื‘ื—ื™ื ื” ื›ืœื›ืœื™ืช.โ€
12:51
So they need to get their story straight, in my opinion.
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ืื– ืœื“ืขืชื™, ื”ื ืฆืจื™ื›ื™ื ืœื”ื™ืกื’ืจ ืขืœ ืขืฆืžื.
12:55
So the technology of CCS
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ื”ื˜ื›ื ื•ืœื•ื’ื™ื” ืœืœื›ื™ื“ืช ื•ืื—ืกื•ืŸ ืคื—ืžืŸ
13:00
has been around for a long time, 50 years,
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ืงื™ื™ืžืช ื›ื‘ืจ ื–ืžืŸ ืจื‘, ื—ืžื™ืฉื™ื ืฉื ื”,
13:03
and we get used to technologies automatically getting cheaper and better,
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ื•ื”ืชืจื’ืœื ื• ื›ื‘ืจ ืœื›ืš ืฉื‘ืื•ืคืŸ ืื•ื˜ื•ืžื˜ื™, ื˜ื›ื ื•ืœื•ื’ื™ื•ืช ื ืขืฉื•ืช ื˜ื•ื‘ื•ืช ื•ื–ื•ืœื•ืช ื™ื•ืชืจ,
13:06
you know, with the computer chips and the cell phones and all that.
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ื›ืžื• ื‘ืฉื‘ื‘ื™ ืžื—ืฉื‘, ื˜ืœืคื•ื ื™ื ื ื™ื™ื“ื™ื ื•ื›ื•โ€™.
13:10
Well, University of Oxford did a whole study,
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ืื•ื ื™ื‘ืจืกื™ื˜ืช ืื•ืงืกืคื•ืจื“ ืขืจื›ื” ืžื—ืงืจ ืฉืœื,
ื•ื—ืœืงืŸ ื ืขืฉื• ื–ื•ืœื•ืช ืžื”ืจ ื™ื•ืชืจ, ื—ืœืงืŸ ืœืื˜ ื™ื•ืชืจ.
13:14
and some come down in cost fast, some slow.
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13:18
A few are in a category called non-improving technologies.
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ื›ืžื” ืžื”ืŸ ืฉื™ื™ื›ื•ืช ืœืงื˜ื’ื•ืจื™ื” ืฉืœ โ€œื˜ื›ื ื•ืœื•ื’ื™ื•ืช ืฉืœื ืžืฉืชืคืจื•ืช.โ€
13:22
And thatโ€™s where carbon capture and storage is.
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ื•ื›ื–ื• ื”ื™ื ื”ื˜ื›ื ื•ืœื•ื’ื™ื” ืœืœื›ื™ื“ืช ื•ืื—ืกื•ืŸ ืคื—ืžืŸ.
13:25
50 years, not any price decline.
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ื—ืžื™ืฉื™ื ืฉื ื” - ื•ืฉื•ื ื™ืจื™ื“ื” ื‘ืžื—ื™ืจ.
13:29
Well, could we get a breakthrough in spite of that?
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ื”ืื ืืคืฉืจ ื‘ื›ืœ ื–ืืช ืœื”ื’ื™ืข ืœืคืจื™ืฆืช-ื“ืจืš?
13:33
Maybe.
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ืื•ืœื™.
13:34
We're throwing a lot of money at it.
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ืื ื• ื–ื•ืจืงื™ื ืขืœ ื–ื” ื”ืžื•ืŸ ื›ืกืฃ.
13:36
We had to do that to get the compromise that passed the IRA,
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ื”ื™ื™ื ื• ืžื•ื›ืจื—ื™ื, ื›ื“ื™ ืœื”ืฉื™ื’ ืืช ื”ืคืฉืจื” ืฉื”ืขื‘ื™ืจื” ืืช ื—ื•ืง ื”ืคื—ืชืช ื”ืื™ื ืคืœืฆื™ื”.
13:40
and we ought to continue the research.
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ื•ืขืœื™ื ื• ืœื”ืžืฉื™ืš ื‘ืžื—ืงืจ.
13:42
But again, let's don't pretend that it's here.
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ืื‘ืœ ืฉื•ื‘, ื”ื‘ื” ืœื ื ืขืžื™ื“ ืคื ื™ื ื›ืื™ืœื• ืฉื–ื” ื›ื‘ืจ ื›ืืŸ.
13:45
It's not here now.
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ื–ื” ืขื“ื™ื™ืŸ ืœื ื›ืืŸ.
13:47
And to use it as an excuse, and now they've got another one.
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ื•ืœื”ืฉืชืžืฉ ื‘ื–ื” ื›ืชื™ืจื•ืฅ... ื•ื›ืจื’ืข ื™ืฉ ืœื”ื ืขื•ื“ ืื—ื“.
13:49
Now it's called direct air capture.
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ืขื›ืฉื™ื• ืงื•ืจืื™ื ืœื–ื”: โ€œืœื›ื™ื“ืช ืื•ื•ื™ืจ ื™ืฉื™ืจื”โ€œ.
13:53
These are giant vacuum cleaners that use an awful lot of energy.
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ืืœื” ื”ื ืฉื•ืื‘ื™ ืื‘ืง ืขื ืงื™ื™ื ืฉืžืฉืชืžืฉื™ื ื‘ื”ืžื•ืŸ ืื ืจื’ื™ื”.
13:59
It's technically feasible, but it's extremely expensive.
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ื˜ื›ื ื™ืช, ื–ื” ืžืขืฉื™. ืื‘ืœ ื–ื” ื™ืงืจ ื‘ื™ื•ืชืจ.
14:02
And it also uses so much energy.
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ื•ื–ื” ื’ื ืฆื•ืจืš ื”ืžื•ืŸ ืื ืจื’ื™ื”.
14:06
But it is tremendously useful.
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ืื‘ืœ ื–ื” ืฉื™ืžื•ืฉื™ ืœื”ืคืœื™ื.
14:09
You know what it's used for?
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ื™ื•ื“ืขื™ื ืœืžื” ืžืฉืชืžืฉื™ื ื‘ื–ื”?
14:11
The CEO of one of the largest oil companies in the US
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ืžื ื›โ€œืœื™ืช ืื—ืช ืžื—ื‘ืจื•ืช ื”ื ืคื˜ ื”ื’ื“ื•ืœื•ืช ื‘ื™ื•ืชืจ ื‘ืืจื”โ€œื‘
14:14
had told us what it's useful for.
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ืกื™ืคืจื” ืœื ื• ืœืžื” ื–ื” ืฉื™ืžื•ืฉื™.
14:17
It's useful to give them an excuse for not ever stopping oil.
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ื–ื” ืฉื™ืžื•ืฉื™ ืขื‘ื•ืจื ื‘ืชื•ืจ ืชื™ืจื•ืฅ ืœื ืœื”ืคืกื™ืง ืœืขื•ืœื ืขื ื”ื ืคื˜.
14:23
A few months later, she said,
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ื›ืขื‘ื•ืจ ื›ืžื” ื—ื•ื“ืฉื™ื ื”ื™ื ืืžืจื”,
14:25
"This gives us, this new technology, a license to continue operating."
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โ€œื”ื˜ื›ื ื•ืœื•ื’ื™ื” ื”ื—ื“ืฉื” ื”ื–ืืช ื ื•ืชื ืช ืœื ื• ืจืฉื™ื•ืŸ ืœื”ืžืฉื™ืš ืœืคืขื•ืœ.โ€
14:31
Some people call that a moral hazard.
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ื™ืฉ ืžื™ ืฉืจื•ืื™ื ื‘ื›ืš ืกื™ื›ื•ืŸ ืžื•ืกืจื™.
14:34
For them, the moral hazard is not a bug,
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ืžื‘ื—ื™ื ืชื, ื”ืกื™ื›ื•ืŸ ื”ืžื•ืกืจื™ ืื™ื ื ื• ืชืงืœื”,
14:35
it's a feature, as the old saying goes.
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ืืœื โ€œื—ืœืง ืžื”ืขื ื™ื™ืŸโ€œ, ื›ืžื• ืฉืื•ืžืจื™ื.
14:39
And so let's just look, this is state-of-the-art.
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ืื– ื‘ื•ืื• ื ืจืื”. ื–ื”ื• ืคืœื ื˜ื›ื ื•ืœื•ื’ื™.
14:41
It looks pretty impressive, doesn't it?
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ื ืจืื” ืžืจืฉื™ื ื‘ื™ื•ืชืจ, ื ื›ื•ืŸ?
14:43
This is the backside of one of these machines.
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ื–ื” ื—ืœืงื” ื”ืื—ื•ืจื™ ืฉืœ ืื—ืช ื”ืžื›ื•ื ื•ืช ื”ืืœื”.
14:47
(Laughter)
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(ืฆื—ื•ืง)
14:49
I had the same thought.
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ื’ื ืื ื™ ื—ืฉื‘ืชื™ ื›ื›ื”.
14:51
(Laughter)
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(ืฆื—ื•ืง)
14:53
Now this, they're improving this.
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ื”ื ืžืฉืคืจื™ื ืืช ื–ื”.
14:56
(Applause)
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(ืžื—ื™ืื•ืช ื›ืคื™ื™ื)
14:57
They're improving this.
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ื”ื ืžืฉืคืจื™ื ืืช ื–ื”.
14:58
And the new model, seven years from now,
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ื•ื‘ื“ื’ื ื”ื—ื“ืฉ, ื‘ืขื•ื“ ืฉื‘ืข ืฉื ื™ื,
15:01
each of these machines is going to be able
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ื›ืœ ืื—ืช ืžื”ืžื›ื•ื ื•ืช ื”ืืœื” ืชื”ื™ื” ืžืกื•ื’ืœืช
15:03
to capture 27 seconds' worth of annual emissions.
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ืœืœื›ื•ื“ ืฉื•ื•ื”-ืขืจืš ืฉืœ 27 ืฉื ื™ื•ืช ืฉืœ ืคืœื™ื˜ื•ืช ืฉื ืชื™ื•ืช.
15:07
Woohoo.
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ื™ื•-ื”ื•.
15:10
That gives them a license to continue producing more
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ื–ื” ื ื•ืชืŸ ืœื”ื ืจืฉื™ื•ืŸ ืœื”ืคื™ืง ืขื•ื“ ื•ืขื•ื“ ื ืคื˜ ื•ื’ื–.
15:13
and more oil and gas.
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15:14
Or so they claim.
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ืœืคื—ื•ืช ื›ื›ื” ื”ื ื˜ื•ืขื ื™ื.
15:16
Well, they also say, the experts,
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ื”ื ื’ื ืื•ืžืจื™ื, ื”ืžื•ืžื—ื™ื,
15:19
that in order to be economically feasible,
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ืฉื›ื“ื™ ืฉื–ื” ื™ื”ื™ื” ืžืขืฉื™ ืžื‘ื—ื™ื ื” ื›ืœื›ืœื™ืช,
ื”ืžืชืงืŸ ืฆืจื™ืš ืœืขืœื•ืช 100 ื“ื•ืœืจ ืœื˜ื•ื ื” ืคื“โ€œื— ื•ืžื˜ื”.
15:22
it has to come in at 100 dollars a ton or less.
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15:24
The leading company says that 27 years from now,
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ื”ื—ื‘ืจื” ื”ืžื•ื‘ื™ืœื” ืื•ืžืจืช ืฉื‘ืขื•ื“ 27 ืฉื ื”,
15:29
it may come down below three times that amount.
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ื–ื” ืื•ืœื™ ื™ืขืœื” ืคื—ื•ืช ืžืคื™ ืฉืœื•ืฉื” ืžื–ื”.
15:33
So again, if this sounds kind of incredible,
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ืื– ืฉื•ื‘, ืื ื–ื” ื ืฉืžืข ื“ื™ ืœื ื™ืื•ืžืŸ,
15:38
it is not credible.
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ื–ื” ืœื ืืžื™ืŸ.
15:40
But they're using it in order to gaslight us, literally.
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ืื‘ืœ ื”ื ืžืฉืชืžืฉื™ื ื‘ื–ื” ื›ื“ื™ ืœืขืฉื•ืช ืœื ื• ื’ื–ืœื™ื™ื˜ื™ื ื’, ืคืฉื•ื˜ื• ื›ืžืฉืžืขื•.
15:44
But I didn't mean it as a pun, but that's what they're using it to do.
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ืœื ื”ืชื›ื•ื•ื ืชื™ ืœืžืฉื—ืง ืžืœื™ื. ืื‘ืœ ื–ื” ืžื” ืฉื”ื ืขื•ืฉื™ื ืœื ื•.
15:49
And we can't fall for it.
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ื•ืืกื•ืจ ืœื ื• ืœื”ืืžื™ืŸ ืœื”ื.
15:52
The biggest obstacle to direct air capture is probably physics.
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ื”ืžื›ืฉื•ืœ ื”ื’ื“ื•ืœ ื‘ื™ื•ืชืจ ืœืœื›ื™ื“ืช ืื•ื•ื™ืจ ื™ืฉื™ืจื” ื”ื•ื ื›ื ืจืื” ื”ืคื™ื–ื™ืงื”.
15:55
And what I mean by that, they've explained this to me.
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ื•ื›ื•ื•ื ืชื™ ื”ื™ื, ื•ื›ื›ื” ื”ืกื‘ื™ืจื• ืœื™ ืืช ื–ื”:
15:58
CO2 makes up 0.035 percent of the air
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ื”ืคื“โ€œื— ืžื”ื•ื•ื” 0.035% ืžื”ืื•ื•ื™ืจ.
16:02
so we're going to vacuum the other 99.96 percent
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ื›ืœื•ืžืจ, ื ืฉืื‘ ืืช ืฉืืจ ื”-99.96%
16:06
to get that little bit out.
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ื›ื“ื™ ืœืžืฆื•ืช ืืช ื”ื˜ื™ืคื” ื”ื–ืืช.
16:08
Come on, really?
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ื‘ื—ื™ื™ื›ื. ื‘ืืžืช?
16:10
Come on.
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ื‘ื—ื™ื™ื›ื.
16:11
And it doesn't even pretend to catch the methane or the soot
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ื•ืื™ืŸ ืคื” ืืคื™ืœื• ื”ืชื™ื™ืžืจื•ืช ืœืœื›ื•ื“ ืืช ื”ืžืชืืŸ ืื• ืืช ื”ืคื™ื—
16:15
or the mercury or the particulate pollution
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ืื• ืืช ื”ื›ืกืคื™ืช ืื• ืืช ื–ื™ื”ื•ื ื”ื—ืœืงื™ืงื™ื
16:18
that kills 9 million people a year around the world.
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ืฉื”ื•ืจื’ 9 ืžื™ืœื™ื•ืŸ ื‘ื ื™-ืื“ื ื‘ืฉื ื” ื‘ืขื•ืœื ื›ื•ืœื•.
16:21
And that's why the climate justice advocates
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ื•ืœื›ืŸ ืชื•ืžื›ื™ ื”ืฆื“ืง ื”ืืงืœื™ืžื™ ื™ื•ืจื“ื™ื ืขืœ ืฉื˜ื•ื™ื•ืช ื›ืืœื”.
16:25
are so down on this kind of nonsense.
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16:27
They say, here's one of them says, look, we need to fight climate change,
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ื”ื ืื•ืžืจื™ื, ื”ื ื” ืื—ื“ ืฉืื•ืžืจ, ืชืจืื•, ืขืœื™ื ื• ืœื”ื™ืœื—ื ื‘ืฉื™ื ื•ื™ื™ ื”ืืงืœื™ื,
16:31
but don't do it by pretending to do it and continue dumping all this pollution
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ืื‘ืœ ืœื ื‘ื›ืš ืฉืขื•ืฉื™ื ื›ืื™ืœื•, ื•ืžืžืฉื™ื›ื™ื ืœื˜ื ืฃ ืขื ื›ืœ ื”ื–ื™ื”ื•ื ื”ื–ื”
16:36
on the front line communities that are downwind from the smokestacks.
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ื‘ืงื”ื™ืœื•ืช ืฉื‘ื—ื–ื™ืช ื•ื‘ื›ื™ื•ื•ืŸ ื”ืจื•ื— ื‘ื™ื—ืก ืœืืจื•ื‘ื•ืช.
16:40
And that's why they have not ever really liked the carbon capture.
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ื•ืœื›ืŸ ื”ื ืžืขื•ืœื ืœื ืžืžืฉ ืื”ื‘ื• ืืช ืจืขื™ื•ืŸ ืœื›ื™ื“ืช ื”ืคื—ืžืŸ.
16:45
And what about all the energy that's needed?
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ื•ืžื” ืขื ื›ืœ ื”ืื ืจื’ื™ื” ื”ื“ืจื•ืฉื” ืœื›ืš? ื”ื™ื ืชื‘ื•ื ืžืขื•ื“ ื“ืœืงื™ ืžืื•ื‘ื ื™ื?
16:47
Is it going to come from more fossil fuels?
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16:50
Well, in case of Occidental, yes.
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ืื– ื‘ืžืงืจื” ืฉืœ โ€œืื•ืงืกื™ื“ื ื˜ืœโ€œ, ื›ืŸ.
16:52
But could it come from more solar and wind?
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ืื‘ืœ ื”ืื ื”ื™ื ื™ื›ื•ืœื” ืœื‘ื•ื ืžืขื•ื“ ืื ืจื’ื™ื™ืช ืฉืžืฉ ื•ืจื•ื—?
16:54
Well, if so, why not use the solar and wind
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ื•ืื ื›ืŸ, ืœืžื” ืœื ืœื”ืฉืชืžืฉ ืžืœื›ืชื—ื™ืœื” ื‘ืื ืจื’ื™ื™ืช ืฉืžืฉ ื•ืจื•ื—
16:58
to replace the fossil fuel-burning plants
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ื›ืชื—ืœื™ืฃ ืœืžืคืขืœื™ื ืฉืฉื•ืจืคื™ื ื“ืœืงื™ ืžืื•ื‘ื ื™ื,
17:01
that are putting all that stuff up there in the first place?
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ื•ืฉื–ื•ืจืงื™ื ืืช ื›ืœ ื”ื–ื‘ืœ ื–ื” ืœืžืขืœื”?
17:04
Doesn't that make sense?
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ื–ื” ืœื ื”ื’ื™ื•ื ื™? ื”ืื ืื ื™ ืžื—ืžื™ืฅ ืžืฉื”ื•?
17:05
Am I missing something?
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17:07
(Applause)
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(ืžื—ื™ืื•ืช ื›ืคื™ื™ื) ื‘ื›ืœ ืื•ืคืŸ...
17:10
Anyway, this is the environmental justice advocate who is making the point
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ื”ื ื” ืคืขื™ืœ ืฆื“ืง ืืงืœื™ืžื™ ืฉืžื“ื’ื™ืฉ
17:16
that you can't do it without protecting those who are victimized
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ืฉืื™-ืืคืฉืจ ืœืขืฉื•ืช ืืช ื–ื” ื‘ืœื™ ืœื”ื’ืŸ ืขืœ ื”ืงื•ืจื‘ื ื•ืช
17:20
downwind from the smokestacks, downstream from the pollution.
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ืฉื‘ื›ื™ื•ื•ืŸ ื”ืจื•ื— ื‘ื™ื—ืก ืœืืจื•ื‘ื•ืช ื•ื‘ื™ื—ืก ืœื–ื™ื”ื•ื.
17:24
Now, some of the companies, of course,
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ื›ืžื” ืžื”ื—ื‘ืจื•ืช, ื›ืžื•ื‘ืŸ, ืื•ืžืจื•ืช ืฉื”ืŸ ื™ืคืฆื• ืขืœ ื”ืคืœื™ื˜ื•ืช ืฉืœื”ืŸ.
17:26
you say we're going to offset our emissions.
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ื•ืฉื•ื‘, ืคื™ืฆื•ื™ ื™ื›ื•ืœ ืœืžืœื ืชืคืงื™ื“ ืžืกื•ื™ื, ืชืคืงื™ื“ ืงื˜ืŸ,
17:28
And again, offsets can play a role, a small role,
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17:32
five to 10 percent according to the Science Based Targets initiative,
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5-10% ืœืคื™ ื™ื•ื–ืžืช โ€œื™ืขื“ื™ื ืžื‘ื•ืกืกื™ ืžื“ืขโ€œ,
17:35
the most authoritative source on all of this.
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ื”ืžืงื•ืจ ื”ื›ื™ ื‘ืจ-ืกืžื›ื ื‘ื ื•ืฉื ื”ื–ื”.
17:39
But, you know, Chevron just had its offsets analyzed.
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ืื‘ืœ โ€œืฉื‘ืจื•ืŸโ€ ืขืจื›ื” ื–ื” ืขืชื” ื ื™ืชื•ื— ืฉืœ ื”ืคื™ืฆื•ื™ ืฉืœื”.
17:43
It turned out 93 percent of them were worthless and junk.
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ื”ืกืชื‘ืจ ืฉ-93% ืžืžื ื• ื”ื•ื ื–ื‘ืœ ื—ืกืจ-ืขืจืš.
17:47
And that's too often the case.
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ื•ื–ื” ืงื•ืจื” ื”ืจื‘ื” ืžืื•ื“.
17:49
It's not a get-out-of-jail-free card.
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ื–ื” ืœื ื›ืจื˜ื™ืก ืฉื—ืจื•ืจ ืžื”ื›ืœื.
17:51
And their offsets were only aimed at 10 percent of their emissions
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ื•ื”ื›ื•ื•ื ื” ืฉืœื”ื ืžืœื›ืชื—ื™ืœื” ื”ื™ืชื” ืฉื”ืคื™ืฆื•ื™ ื™ื”ื™ื” ืจืง ืขืœ 10% ืžื”ืคืœื™ื˜ื•ืช ืฉืœื”ื.
17:54
in the first place.
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17:56
Eighty percent of the fossil fuel companies
341
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80% ืžื—ื‘ืจื•ืช ื“ืœืงื™ ื”ืžืื•ื‘ื ื™ื ืžืชืขืœืžื•ืช ืœื’ืžืจื™ ืžืคืœื™ื˜ื•ืช ื“ืจื’ื” 3,
17:58
just completely ignore the Scope Three emissions,
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18:00
which is the main part of their pollution problem.
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ื”ื—ืœืง ื”ืขื™ืงืจื™ ืฉืœ ื‘ืขื™ื™ืช ื”ื–ื™ื”ื•ื ืฉืœื”ืŸ.
18:05
So they say that they have increased by 400 percent
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ื”ืŸ ื˜ื•ืขื ื•ืช ืฉื”ืŸ ื”ื’ื“ื™ืœื• ื‘-400%
18:10
the share of their spending on energy
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ืืช ื—ืœืงืŸ ื‘ื”ื•ืฆืื” ืขืœ ืื ืจื’ื™ื”
18:13
that goes to green technologies and carbon capture.
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ืฉื ื•ืขื“ื” ืœื˜ื›ื ื•ืœื•ื’ื™ื•ืช ื™ืจื•ืงื•ืช ื•ืœืœื›ื™ื“ืช ืคื—ืžืŸ.
18:16
And yes, they have, they've increased it all the way up to four percent.
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ื›ืŸ. ื”ืŸ ื”ื’ื“ื™ืœื• ืœ-4%.
18:21
And it's not even as good as that,
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ื•ื–ื” ืขื•ื“ ื™ื•ืชืจ ื˜ื•ื‘,
18:23
because if you look at the windfall profits they've been getting,
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ื›ื™ ืื ืžืกืชื›ืœื™ื ืขืœ ื”ืจื•ื•ื—ื™ื ื”ื‘ืœืชื™ ืฆืคื•ื™ื™ื ืฉืœื”ืŸ,
18:27
what have they done with that?
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ืžื” ื”ืŸ ืขืฉื• ืื™ืชื?
18:29
Well, they gave it back to the shareholders
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ื”ื ื”ื—ื–ื™ืจื• ืื•ืชื ืœื‘ืขืœื™ ื”ืžื ื™ื•ืช ื‘ืžืขื ืงื™ื ื•ื‘ืงื ื™ื™ื” ื—ื•ื–ืจืช ืฉืœ ืžื ื™ื•ืช.
18:31
through dividends and stock buybacks.
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18:34
So the amount of money
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ื›ืš ืฉื›ืžื•ืช ื”ื›ืกืฃ
18:37
the fossil fuel industry is investing in renewables
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ืฉืชืขืฉื™ื™ืช ื“ืœืงื™ ื”ืžืื•ื‘ื ื™ื ืžืฉืงื™ืขื” ื‘ืžืงื•ืจื•ืช ืื ืจื’ื™ื” ืžืชื—ื“ืฉื™ื
18:42
and carbon capture is one percent.
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ื•ื‘ืœื›ื™ื“ืช ืคื—ืžืŸ ื”ื™ื ืื—ื•ื– ืื—ื“.
18:44
Does that mean they are sincere actors, working in good faith?
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ื”ืื ื–ื” ืื•ืžืจ ืฉื”ื ื™ืฉืจื™ื? ืฉื”ื ืคื•ืขืœื™ื ื‘ืชื•ื ืœื‘?
18:50
I don't think so.
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ืœื ื ืจืื” ืœื™.
18:51
A lot of people still think so.
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ืจื‘ื™ื ืขื“ื™ื™ืŸ ื—ื•ืฉื‘ื™ื ื›ืš. ืจื‘ื™ื ื—ื•ืฉื‘ื™ื ืฉื”ื ืœืฆื™ื“ื ื•.
18:53
They think they're on our side.
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18:55
I don't think it's in their nature to be on our side.
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ืื™ื ื ื™ ื—ื•ืฉื‘ ืฉื–ื” ืžื˜ื‘ืขื ืœื”ื™ื•ืช ืœืฆื™ื“ื ื•.
18:59
I think they're driven by incentives that push them in the opposite direction.
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ืื ื™ ื—ื•ืฉื‘ ืฉื”ืชืžืจื™ืฆื™ื ืฉืœื”ื ื“ื•ื—ืคื™ื ืื•ืชื ืœื›ื™ื•ื•ืŸ ื”ื”ืคื•ืš.
19:04
But in any case,
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ืื‘ืœ ืื™ืš ืฉืœื ื™ื”ื™ื”,
19:05
they produce no solutions whatsoever that are scalable
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ื”ื ืœื ืžืฆื™ืขื™ื ืฉื•ื ืคืชืจื•ื ื•ืช ื‘ืจื™ ื”ื’ื“ืœื”
19:08
or remotely feasible.
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ืื• ื‘ื›ืœืœ ืžืขืฉื™ื™ื.
19:10
And again, they have actively fought
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ื•ืฉื•ื‘, ื”ื ื ืื‘ืงื• ื‘ืื•ืคืŸ ืคืขื™ืœ
19:13
against the solutions that others have been trying to bring.
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ื ื’ื“ ื”ืคืชืจื•ื ื•ืช ืฉืื—ืจื™ื ื ื™ืกื• ืœื”ืฆื™ืข.
19:17
I've seen it personally.
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ืจืื™ืชื™ ืืช ื–ื” ื‘ืื•ืคืŸ ืื™ืฉื™.
ืจื‘ื™ื ืžื›ื ืจืื• ืืช ื–ื” ื‘ืื•ืคืŸ ืื™ืฉื™.
19:19
Many of you have seen it personally.
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19:21
And it's happening all over the world.
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ื•ื–ื” ืงื•ืจื” ื‘ื›ืœ ื”ืขื•ืœื ื›ื•ืœื•.
19:24
No progress.
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ืฉื•ื ื”ืชืงื“ืžื•ืช. ื”ื ืืคื™ืœื• ื ืกื•ื’ื•.
19:25
They've even gone backwards.
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19:27
Now, if a company says, look,
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ื•ืื ื—ื‘ืจื” ื›ืœืฉื”ื™ ืื•ืžืจืช, โ€œืืกื•ืจ ืœื”ื•ืฆื™ื ืื•ืชื ื• ืžืชื”ืœื™ืš COP.
19:30
we shouldn't be excluded from the COP process,
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19:32
we know a lot about energy.
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โ€œืื ื• ื™ื•ื“ืขื™ื ื”ืžื•ืŸ ืขืœ ืื ืจื’ื™ื”.โ€
19:34
Here's a simple test.
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ืื– ื”ื ื” ืžื‘ื—ืŸ ืคืฉื•ื˜.
19:36
Do they actually have,
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ื”ืื ื”ื ื‘ืืžืช...
19:38
does the company have real net-zero commitments,
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ื”ืื ืœืื•ืชื” ื—ื‘ืจื” ื™ืฉ ื‘ืืžืช ืืคืก ืคืœื™ื˜ื•ืช ื ื˜ื•,
19:41
a genuine phase-down plan,
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ืชื›ื ื™ืช ืืžื™ืชื™ืช ืœืฆืžืฆื•ื,
19:43
yes or no?
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ื›ืŸ ืื• ืœื?
19:44
Are they committed to full disclosure?
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ื”ืื ื”ื ืžืชื—ื™ื™ื‘ื™ื ืœื—ืฉื™ืคื” ืžืœืื”?
19:46
Yes or no?
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ื›ืŸ ืื• ืœื?
19:48
Are they going to spend windfall profits on the transition?
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ื”ืื ื”ื ื™ืฉืงื™ืขื• ืจื•ื•ื—ื™ื ืœื-ืฆืคื•ื™ื™ื ืขืœ ืžืขื‘ืจ ืœืื ืจื’ื™ื” ื™ืจื•ืงื”?
ื›ืŸ ืื• ืœื?
19:52
Yes or no?
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ื”ืื ื”ื ืžื—ื•ื™ื™ื‘ื™ื ืœืฉืงื™ืคื•ืช?
19:53
Are they committed to transparency?
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19:55
Will they end their anti-climate lobbying?
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ื”ืื ื”ื ื™ืคืกื™ืงื• ืืช ื”ืฉืชื“ืœื ื•ืช ื ื’ื“ ืžืฉื‘ืจ ื”ืืงืœื™ื?
19:57
Will they end their greenwashing?
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ื”ืื ื”ื ื™ืคืกื™ืงื• ืœื™ื™ืฆืจ ืชื“ืžื™ืช ืกื‘ื™ื‘ืชื ื™ืช ื›ื•ื–ื‘ืช?
19:59
Will they be in favor of reforming the COP process
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ื”ืื ื”ื ื™ืชืžื›ื• ื‘ืจืคื•ืจืžื” ื‘ืชื”ืœื™ืš COP
20:03
so that the petro states don't have an absolute veto
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ื›ืš ืฉืœืžื“ื™ื ื•ืช ื”ื ืคื˜ ืœื ืชื”ื™ื” ื–ื›ื•ืช ื•ื•ื˜ื• ืžื•ื—ืœื˜ืช
20:06
on anything the world wants to discuss or act on?
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ืขืœ ื›ืœ ืžื” ืฉื”ืขื•ืœื ื™ืจืฆื” ืœื”ืชื“ื™ื™ืŸ ืื• ืœืžืžืฉ?
20:09
We've got to change that.
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ืื ื• ืžื•ื›ืจื—ื™ื ืœืฉื ื•ืช ืืช ื–ื”.
20:10
In order to move faster,
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ื›ื“ื™ ืœื”ืชืงื“ื ืžื”ืจ ื™ื•ืชืจ,
20:12
we have got to empower the global community
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ืขืœื™ื ื• ืœื—ื–ืง ืืช ื”ืงื”ื™ืœื” ื”ื’ืœื•ื‘ืœื™ืช
20:16
in a way that frees them from the hammerlock
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ื‘ืื•ืคืŸ ืฉื™ืฉื—ืจืจ ืื•ืชื” ืžืื—ื™ื–ืช ื”ื—ื ืง
20:19
that the fossil fuel companies have on them today.
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ืฉืœ ื—ื‘ืจื•ืช ื“ืœืงื™ ื”ืžืื•ื‘ื ื™ื ื‘ื™ืžื™ื ื•.
20:22
And any company that doesn't pass this test,
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ื•ื›ืœ ื—ื‘ืจื” ืฉืœื ืชืขื‘ื•ืจ ืืช ื”ืžื‘ื—ืŸ ื”ื–ื”, ืื ื™ ืื•ืžืจ ืœื›ื,
20:25
I'm telling you,
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20:26
ought to be prohibited from taking part in the COP process.
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ืฆืจื™ืš ืœืืกื•ืจ ืขืœื™ื” ืืช ื”ืฉืชืชืคื•ืช ื‘ืชื”ืœื™ืš COP.
20:30
(Cheers and applause)
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(ืชืจื•ืขื•ืช ื•ืžื—ื™ืื•ืช ื›ืคื™ื™ื)
20:38
What about the company that's led by the president of this year's COP,
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ืžื” ืขื ื”ื—ื‘ืจื” ืฉื‘ื”ื ื”ื’ืช ื ืฉื™ื COP ื”ืฉื ื”?
20:44
the Abu Dhabi National Oil Company?
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ื—ื‘ืจืช ื”ื ืคื˜ ื”ืœืื•ืžื™ืช ืฉืœ ืื‘ื• ื“ืื‘ื™?
20:46
Well, it's rated one of the least responsible
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ื”ื™ื ืžื“ื•ืจื’ืช ื›ืื—ืช ืžื”ื›ื™ ืคื—ื•ืช ืื—ืจืื™ื•ืช
ืžื›ืœ ื—ื‘ืจื•ืช ื”ื ืคื˜ ื•ื”ื’ื–.
20:49
of all the oil and gas companies.
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20:51
It no longer even releases information
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ื”ื™ื ืืคื™ืœื• ื›ื‘ืจ ืœื ืžืฉื—ืจืจืช ืžื™ื“ืข
20:53
on any of its emissions, has no transition plan,
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ืขืœ ืžืฉื”ื• ืžื”ืคืœื™ื˜ื•ืช ืฉืœื”, ืื™ืŸ ืฉื•ื ืชื›ื ื™ืช ืžืขื‘ืจ ืœืื ืจื’ื™ื” ื™ืจื•ืงื”,
20:56
no short or mid-term target scores,
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ืฉื•ื ื™ืขื“ื™ ื”ืคื—ืชืช ืคืœื™ื˜ื•ืช ื‘ื˜ื•ื•ื— ื”ืงืฆืจ ืื• ื”ื‘ื™ื ื•ื ื™,
20:59
a pathetic three on 100-scale on their transition plans.
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ื•ื ืžืฆืืช ื‘ืžืงื•ื ื”ืฉืœื™ืฉื™ ื”ืขืœื•ื‘ ืžืชื•ืš 100 ืžื‘ื—ื™ื ืช ืชื›ื ื™ืช ืžืขื‘ืจ.
21:03
And the nation's plan is rated highly insufficient.
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ื•ื”ืชื›ื ื™ืช ืฉืœ ื”ืžื“ื™ื ื” ืขืฆืžื” ืžื“ื•ืจื’ืช ื›ื‘ืœืชื™-ื™ืขื™ืœื” ื‘ื™ื•ืชืจ.
21:07
They just put out a new one, it's still insufficient.
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ื–ื” ืขืชื” ื”ื ื”ื—ืœื™ืคื• ืื•ืชื” ื‘ืชื›ื ื™ืช ื‘ืœืชื™-ื™ืขื™ืœื” ื‘ืื•ืชื” ืžื™ื“ื”.
21:10
So that's the first obstacle.
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ืื– ื–ื”ื• ื”ืžื›ืฉื•ืœ ื”ืจืืฉื•ืŸ.
21:13
Second one's a lot clearer.
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ื”ืžื›ืฉื•ืœ ื”ืฉื ื™ ื‘ืจื•ืจ ื‘ื”ืจื‘ื”.
21:16
This one has to be removed in order to get to the faster solutions.
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ืฆืจื™ืš ืœืกืœืง ืื•ืชื• ื›ื“ื™ ืœื”ื’ื™ืข ืœืคืชืจื•ื ื•ืช ืžื”ื™ืจื™ื ื™ื•ืชืจ.
21:22
But in order to remove it,
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ืื‘ืœ ื›ื“ื™ ืœืกืœืง ืื•ืชื•,
21:23
we've got to do something about the second obstacle,
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ืขืœื™ื ื• ืœืขืฉื•ืช ืžืฉื”ื• ืœื’ื‘ื™ ื”ืžื›ืฉื•ืœ ื”ืฉื ื™,
21:26
and that is the financial system,
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ื”ืœื ื”ื™ื ื”ืžืขืจื›ืช ื”ืคื™ื ื ืกื™ืช,
21:29
the global allocation of capital and the subsidies for fossil fuels.
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ื”ื”ืงืฆืื” ื”ืขื•ืœืžื™ืช ืฉืœ ื”ื•ืŸ ื•ืกื•ื‘ืกื™ื“ื™ื•ืช ืœื“ืœืงื™ ื”ืžืื•ื‘ื ื™ื.
21:33
Governments last year around the world subsidized with taxpayer money
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ื‘ืฉื ื” ืฉืขื‘ืจื”, ื”ืžืžืฉืœื•ืช ื‘ืขื•ืœื ื›ื•ืœื• ืกื™ื‘ืกื“ื• ื‘ื›ืกืคื™ ืžืฉืœื ื”ืžื™ืกื™ื
21:38
more than a trillion dollars, subsidizing fossil fuels.
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ื‘ื™ื•ืชืจ ืžื˜ืจื™ืœื™ื•ืŸ ื“ื•ืœืจ ืืช ื“ืœืงื™ ื”ืžืื•ื‘ื ื™ื.
21:41
That's five times larger than the amount in 2020.
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ื–ื” ืคื™ ื—ืžื™ืฉื” ื™ื•ืชืจ ืžื”ื›ืžื•ืช ื‘-2020.
21:46
Are we going in the right direction or the wrong direction?
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ืื ื• ื‘ื›ื™ื•ื•ืŸ ื”ื ื›ื•ืŸ ืื• ื‘ื›ื™ื•ื•ืŸ ื”ืœื ื ื›ื•ืŸ?
21:49
Well, there are a lot of good things I'll show you,
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ืืจืื” ืœื›ื ื”ืจื‘ื” ื“ื‘ืจื™ื ื˜ื•ื‘ื™ื, ืื‘ืœ ื”ื“ื‘ืจ ื”ื–ื” ืฆืจื™ืš ืœื”ื™ืคืกืง.
21:51
but this has to stop.
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ื•ื ื•ืกืฃ ืขืœ ื›ืš,
21:53
And the 60 largest global banks
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ื•-60 ื”ื‘ื ืงื™ื ื”ืขื•ืœืžื™ื™ื ื”ื’ื“ื•ืœื™ื ื‘ื™ื•ืชืจ
21:57
have put 5.5 trillion extra dollars
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ื”ืฉืงื™ืขื• ืขื•ื“ 5.5 ื˜ืจื™ืœื™ื•ืŸ ื“ื•ืœืจ
22:01
into the fossil fuel companies since the Paris agreement.
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ื‘ื—ื‘ืจื•ืช ื“ืœืงื™ ื”ืžืื•ื‘ื ื™ื ืžืื– ื”ืกื›ื ืคืจื™ื–.
22:05
And preposterously, 49 of them have also signed net-zero pledges.
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ื•ืœืžืจื‘ื” ื”ื’ื™ื—ื•ืš, 49 ืžื”ื ื’ื ื—ืชืžื• ืขืœ ื”ืชื—ื™ื™ื‘ื•ืช ืœื ื˜ื•-ืืคืก.
22:10
So we ...
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ืื–...
22:12
Global allocation of capital.
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ื”ื”ืงืฆืื” ื”ื’ืœื•ื‘ืœื™ืช ืฉืœ ื”ื•ืŸ.
22:14
The borrowing of private capital is ruled out
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ื”ืœื•ื•ืื” ืฉืœ ื”ื•ืŸ ืคืจื˜ื™ ืื™ื ื” ื‘ื’ื“ืจ ืืคืฉืจื•ืช
22:19
for many developing countries.
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ื‘ื”ืจื‘ื” ืืจืฆื•ืช ืžืชืคืชื—ื•ืช.
22:20
Nigeria has to pay an interest rate seven times higher
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ื ื™ื’ืจื™ื” ืฆืจื™ื›ื” ืœืฉืœื ืจื™ื‘ื™ืช ื’ื‘ื•ื”ื” ืคื™ ืฉื‘ืขื”
22:24
than Europe or the US.
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ืžืืฉืจ ื”ืื™ื—ื•ื“ ื”ืื™ืจื•ืคื™ ืื• ืืจื”โ€œื‘.
22:26
Political risk, corruption risk, currency risk, off-take risk,
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ืกื™ื›ื•ืŸ ืคื•ืœื™ื˜ื™, ืกื™ื›ื•ื ื™ ืฉื—ื™ืชื•ืช, ืกื™ื›ื•ื ื™ ื ื–ื™ืœื•ืช, ื—ื“ืœื•ืช ืคืจืขื•ืŸ,
22:32
it's rule of law risk.
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ืกื™ื›ื•ื ื™ ืฉืœื˜ื•ืŸ ื”ื—ื•ืง.
22:34
That's why the World Bank and the other multilateral development banks
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ืœื›ืŸ, ื”ื‘ื ืง ื”ืขื•ืœืžื™ ื•ืฉืืจ ื”ื‘ื ืงื™ื ื”ืจื‘-ืžื“ื™ื ืชื™ื™ื ืœืคื™ืชื•ื—
22:37
are supposed to take those top layers of risk off.
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ืืžื•ืจื™ื ืœื ื˜ืจืœ ืฉื›ื‘ื•ืช ืืœื” ืฉืœ ืกื™ื›ื•ื ื™ื.
22:41
And that's why we need reform in the World Bank.
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ื•ืœื›ืŸ ื ื—ื•ืฆื” ืœื ื• ืจืคื•ืจืžื” ื‘ื‘ื ืง ื”ืขื•ืœืžื™.
22:43
Thank goodness so many fought to get a new head of the World Bank,
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ืชื•ื“ื” ืœืืœ ืขืœ ื–ื” ืฉืจื‘ื™ื ื›ืœ-ื›ืš ื ืื‘ืงื• ืœืžื ื•ืช ื ืฉื™ื ื—ื“ืฉ ืœื‘ื ืง ื”ืขื•ืœืžื™,
22:48
and I'm very excited about his progress.
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ื•ืื ื™ ื ืœื”ื‘ ืžืื•ื“ ืœื’ื‘ื™ ื”ื”ืชืงื“ืžื•ืช ืฉืœื•.
22:50
Now, when these obstacles are removed, we can really accelerate progress.
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ื›ืฉื”ืžื›ืฉื•ืœื™ื ื”ืืœื” ื™ื•ืกืจื•, ื ื•ื›ืœ ื‘ืืžืช ืœื–ืจื– ืืช ื”ื”ืชืงื“ืžื•ืช.
22:54
They'll still be problems, of course,
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ืชื”ื™ื™ื ื” ืขื“ื™ื™ืŸ ื‘ืขื™ื•ืช, ื›ืžื•ื‘ืŸ,
22:56
but we have everything we need
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ืื‘ืœ ื™ืฉ ืœื ื• ื›ืœ ืžื” ืฉื ื—ื•ืฅ ืœื ื•
22:59
and proven deployment models to reduce emissions 50 percent
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ื•ืžื•ื“ืœื™ื ืžื•ื›ื—ื™ื ืฉืœ ื™ื™ืฉื•ื ืœื”ืคื—ืชื” ื‘ืช 50% ื‘ืคืœื™ื˜ื•ืช
23:02
in the next seven years.
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ื‘ืฉื‘ืข ื”ืฉื ื™ื ื”ื‘ืื•ืช.
23:04
But we will still need better grids,
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ืื‘ืœ ืื ื• ืขื“ื™ื™ืŸ ื–ืงื•ืงื™ื ืœืชืฉืชื™ื•ืช ื˜ื•ื‘ื•ืช ื™ื•ืชืจ,
23:06
more resilient grids, more solar and wind,
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ืœืชืฉืชื™ื•ืช ืขืžื™ื“ื•ืช ื™ื•ืชืจ, ืœืขื•ื“ ืžืชืงื ื™ ืฉืžืฉ ื•ืจื•ื—,
23:09
much more regenerative agriculture.
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ืœื”ืจื‘ื” ื™ื•ืชืจ ื—ืงืœืื•ืช ืžืชื—ื“ืฉืช.
23:12
That's a way to really pull carbon out of the air.
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ื–ืืช ื‘ืืžืช ื“ืจืš ืœืžืฆื•ืช ืคื—ืžืŸ ืžืŸ ื”ืื•ื•ื™ืจ.
23:15
More electric vehicles and charging stations
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ืœื™ื•ืชืจ ืจื›ื‘ื™ื ื—ืฉืžืœื™ื™ื ื•ืขืžื“ื•ืช ื˜ืขื™ื ื”
23:18
and more energy storage.
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ื•ืœื™ื•ืชืจ ืžืชืงื ื™ ืื—ืกื•ืŸ ืื ืจื’ื™ื”.
23:20
I'll show you that just before we quit here.
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ืืจืื” ืœื›ื ืืช ื–ื” ืžืžืฉ ืœืคื ื™ ืฉื ืกื™ื™ื ื›ืืŸ.
23:23
And more green hydrogen, so more electrolyzers to produce it.
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ื•ื’ื ืœืขื•ื“ ืžื™ืžืŸ ื™ืจื•ืง, ื›ืœื•ืžืจ ืขื•ื“ ืžืชืงื ื™ ืืœืงื˜ืจื•ืœื™ื–ื”.
23:27
And these are all surmountable obstacles.
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ื•ื›ืœ ืืœื” ื”ื ืžื›ืฉื•ืœื™ื ืฉื ื™ืชืŸ ืœื”ืชื’ื‘ืจ ืขืœื™ื”ื.
23:29
Already, renewables account for 90 percent
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ื›ื‘ืจ ืขื›ืฉื™ื•, ื”ืžืงื•ืจื•ืช ื”ืžืชื—ื“ืฉื™ื ืžื”ื•ื•ื™ื 90%
23:32
of all the new electricity generation being installed each year worldwide.
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ืžื›ืœ ืืžืฆืขื™ ื”ืคืงืช ื”ืื ืจื’ื™ื” ื”ื—ื“ืฉื™ื ืฉืžื•ืชืงื ื™ื ื‘ืขื•ืœื ื›ื•ืœื• ืžื™ื“ื™ ืฉื ื”.
23:37
Ninety-three percent solar and wind in India last year.
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93% ืžืชืงื ื™ ืฉืžืฉ ื•ืจื•ื— ื‘ื”ื•ื“ื• ื‘ืฉื ื” ืฉืขื‘ืจื”.
23:40
And of course, the solar's taking off and so is wind
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ื•ื›ืžื•ื‘ืŸ, ื”ืคืงืช ื”ืื ืจื’ื™ื” ื”ืกื•ืœืืจื™ืช ืžืฉืชืคืจืช ื•ื›ืš ื’ื ืื ืจื’ื™ื™ืช ื”ืจื•ื—
23:43
and so are the electric vehicles and battery storage.
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ื•ื›ืœื™ ื”ืจื›ื‘ ื”ื—ืฉืžืœื™ื™ื ื•ื›ื•ืฉืจ ื”ืื—ืกื•ืŸ ืฉืœ ื”ืžืฆื‘ืจื™ื.
23:47
It has grown so dramatically.
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ื–ื” ื’ื“ืœ ื‘ื“ืจืžื˜ื™ื•ืช ืจื‘ื”.
23:49
Youโ€™ve got to rescale the graph to look at the trillion-dollar industry emerging.
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ืฆืจื™ืš ืœืฉืจื˜ื˜ ืžื—ื“ืฉ ืืช ื”ื’ืจืฃ ื›ื“ื™ ืœืจืื•ืช ืืช ื”ืชืคืชื—ื•ืช ื”ืชืขืฉื™ื” ื‘ืช 3 ื˜ืจื™ืœื™ื•ืŸ ื”ื“ื•ืœืจ.
23:53
Now, just seven years ago, there was one gigafactory.
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ืจืง ืœืคื ื™ ืฉื‘ืข ืฉื ื™ื ื”ื™ื” ืžืคืขืœ ืขื ืง ืื—ื“.
23:56
I learned from one of you at a session a couple of hours ago
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ืžื™ืฉื”ื• ืžื›ื ืกื™ืคืจ ืœื™ ื‘ืžืคื’ืฉ ืœืคื ื™ ืฉืขื•ืช ืื—ื“ื•ืช
23:59
and had my staff research it,
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ื•ื”ืฆื•ื•ืช ืฉืœื™ ื‘ื“ืง ืืช ื–ื”,
24:01
there are now 195 gigafactories and another 300 in the pipeline.
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ืฉื™ืฉ ื›ืขืช 195 ืžืคืขืœื™ ืขื ืง ื•ืขื•ื“ 300 ื‘ืงื ื”.
24:06
So will we succeed?
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ืื– ื”ืื ื ืฆืœื™ื—?
24:09
Some people fight with a vulnerability to despair.
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ื™ืฉ ืื ืฉื™ื ืฉื”ืžืื‘ืง ืฉืœื”ื ื ืข ื‘ื™ืŸ ืคื’ื™ืขื•ืช ืœื™ื™ืื•ืฉ.
24:16
You know, the old cliche, โ€œdenial ainโ€™t just a river in Egypt.โ€
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ื›ืžื• ื‘ืคืชื’ื ื”ื™ืฉืŸ: โ€œืœืขื•ืœื ืื™ืŸ ืœื”ืžืขื™ื˜ ื‘ืขืจื›ื• ืฉืœ ื›ื•ื— ื”ื”ื›ื—ืฉื”.โ€
24:19
Despair ainโ€™t just a tire in the trunk.
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โ€œืืœ ืชืชื™ื™ืืฉ. ื–ื” ื™ื™ืขืฉื” ื™ื•ืชืจ ื’ืจื•ืข.โ€
24:21
There are people that are vulnerable.
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ื™ืฉ ืื ืฉื™ื ืคื’ื™ืขื™ื.
24:24
But let me close with what I regard as amazingly good news.
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ืื‘ืœ ื”ืจืฉื• ืœื™ ืœืกื™ื™ื ืขื ื‘ืฉื•ืจื•ืช ื˜ื•ื‘ื•ืช ืœื”ื“ื”ื™ื, ืœื“ืขืชื™.
24:28
What if we could stop the increase in temperatures?
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ืžื” ืื ื ืฆืœื™ื— ืœืขืฆื•ืจ ืืช ื”ืขืœื™ื” ื‘ื˜ืžืคืจื˜ื•ืจื•ืช?
24:31
Well, if you look at the temperature increases,
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ืื ืชืกืชื›ืœื• ืขืœ ื”ืขืœื™ื•ืช ื‘ื˜ืžืคืจื˜ื•ืจื•ืช,
24:35
if we get to true net-zero,
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ืื ื ืฆืœื™ื— ืœื”ื’ื™ืข ืœืืคืก-ื ื˜ื• ืืžื™ืชื™,
24:38
astonishingly, global temperatures will stop going up
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ืœืžืจื‘ื” ื”ืคืœื, ื”ื˜ืžืคืจื˜ื•ืจื•ืช ื‘ืขื•ืœื ื™ืคืกื™ืงื• ืœืขืœื•ืช
24:43
with a lag time of as little as three to five years.
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ืชื•ืš ืคืจืง ื–ืžืŸ ืงืฆืจ ืฉืœ 3-5 ืฉื ื™ื.
24:46
They used to think that positive feedback loops would keep that process going.
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ื—ืฉื‘ื• ืคืขื ืฉืœื•ืœืืช ื”ืžืฉื•ื‘ ื”ื—ื™ื•ื‘ื™ ืชืžืฉื™ืš ืืช ื”ืชื”ืœื™ืš ื”ื–ื” ืœื ืฆื—.
24:50
No, it will not.
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ืื– ืœื.
24:52
The temperatures will stop going up.
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ื”ื˜ืžืคืจื˜ื•ืจื•ืช ื™ืคืกื™ืงื• ืœืขืœื•ืช.
24:54
The ice will continue melting and some other things will continue,
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ื”ืงืจื— ื™ืžืฉื™ืš ืœื”ื™ืžืก ื•ื™ื”ื™ื• ืขื•ื“ ื“ื‘ืจื™ื ืฉื™ื™ืžืฉื›ื•,
24:57
but we can stop the increase of temperatures.
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ืื‘ืœ ื‘ื™ื›ื•ืœืชื ื• ืœืขืฆื•ืจ ืืช ื”ืขืœื™ื” ื‘ื˜ืžืคืจื˜ื•ืจื•ืช.
24:59
Even better, if we stay at true net zero, in as little as 30 years,
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ื•ื™ื•ืชืจ ื˜ื•ื‘ ืžื–ื”: ืื ื ื™ืฉืืจ ื‘ืืคืก-ื ื˜ื• ืืžื™ืชื™, ืชื•ืš 30 ืฉื ื” ื‘ืœื‘ื“,
25:05
half of all the human-caused CO2 will come out of the atmosphere
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ื—ืฆื™ ืžื›ืœ ื”ืคื“โ€œื— ืฉืคืœื˜ ื”ืื“ื ื™ื™ืฆื ืžืŸ ื”ืื˜ืžื•ืกืคื™ืจื”
25:10
into the upper ocean and the trees and vegetation.
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ื•ื™ื™ืจื“ ืœื—ืœืงื• ื”ืขืœื™ื•ืŸ ืฉืœ ื”ื™ื ื•ืœืขืฆื™ื ื•ืœืฆืžื—ื™ื”.
25:13
So young people are demanding that we do the right thing.
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ื”ืฆืขื™ืจื™ื ื“ื•ืจืฉื™ื ืฉื ืขืฉื” ืืช ื”ืžืขืฉื” ื”ื ื›ื•ืŸ.
25:19
Do not be vulnerable to despair.
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ืืœ ืชื”ื™ื• ืคื’ื™ืขื™ื ืœื™ื™ืื•ืฉ.
25:21
We are going to do this.
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ืื ื• ื ืฆืœื™ื— ื‘ื›ืš.
25:22
And if you doubt that we, as human beings have the will to act,
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ื•ืื ื™ืฉ ืœื›ื ืกืคืง ื‘ื›ืš ืฉื™ืฉ ืœื ื•, ื‘ื ื™ ื”ืื“ื, ื”ืžื•ื›ื ื•ืช ืœืคืขื•ืœ,
25:27
please always remember
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ื–ื™ื›ืจื• ื‘ื‘ืงืฉื” ืชืžื™ื“
25:29
that the will to act is itself a renewable resource.
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ืฉื”ืžื•ื›ื ื•ืช ืœืคืขื•ืœ ื”ื™ื ื›ืฉืœืขืฆืžื” ืžืงื•ืจ ืื ืจื’ื™ื” ืžืชื—ื“ืฉ.
25:33
Thank you very much.
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ืชื•ื“ื” ืจื‘ื” ืœื›ื.
25:34
(Cheers and applause)
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(ืชืจื•ืขื•ืช ื•ืžื—ื™ืื•ืช ื›ืคื™ื™ื)
25:41
Thank you.
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ืชื•ื“ื”.
ืขืœ ืืชืจ ื–ื”

ืืชืจ ื–ื” ื™ืฆื™ื’ ื‘ืคื ื™ื›ื ืกืจื˜ื•ื ื™ YouTube ื”ืžื•ืขื™ืœื™ื ืœืœื™ืžื•ื“ ืื ื’ืœื™ืช. ืชื•ื›ืœื• ืœืจืื•ืช ืฉื™ืขื•ืจื™ ืื ื’ืœื™ืช ื”ืžื•ืขื‘ืจื™ื ืขืœ ื™ื“ื™ ืžื•ืจื™ื ืžื”ืฉื•ืจื” ื”ืจืืฉื•ื ื” ืžืจื—ื‘ื™ ื”ืขื•ืœื. ืœื—ืฅ ืคืขืžื™ื™ื ืขืœ ื”ื›ืชื•ื‘ื™ื•ืช ื‘ืื ื’ืœื™ืช ื”ืžื•ืฆื’ื•ืช ื‘ื›ืœ ื“ืฃ ื•ื™ื“ืื• ื›ื“ื™ ืœื”ืคืขื™ืœ ืืช ื”ืกืจื˜ื•ืŸ ืžืฉื. ื”ื›ืชื•ื‘ื™ื•ืช ื’ื•ืœืœื•ืช ื‘ืกื ื›ืจื•ืŸ ืขื ื”ืคืขืœืช ื”ื•ื•ื™ื“ืื•. ืื ื™ืฉ ืœืš ื”ืขืจื•ืช ืื• ื‘ืงืฉื•ืช, ืื ื ืฆื•ืจ ืื™ืชื ื• ืงืฉืจ ื‘ืืžืฆืขื•ืช ื˜ื•ืคืก ื™ืฆื™ืจืช ืงืฉืจ ื–ื”.

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