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I’m going to talk today about energy and climate. And that might seem a bit surprising because my full-time work at the foundation is mostly about vaccines and seeds,about the things that we need to invent and deliver to help the poorest two billion live better lives.
But energy and climate are extremely important to these people,in fact,more important than anyone else on the planet. The climate getting worse means that many years that many years,their crops won’t grow . There will be too much rain,not enough rain,things will change in ways that their fragile environment simply can’t support. And that leads to starvation,it leads to uncertainty,it leads to unrest. So, the price of energy is very important to them. In fact, if you could pick just one thing to lower th- e price of, to reduce poverty, by far you would pick energy. Now ,the price of energy has become down over time. Really advanced civilization is based on advances in energy.
The coal revolution fueled the Industrial Revolution, and,even in 1990s we’ve seen a very rapid decline in the price of electricity, and that’s why we have refrigerators,air-conditioning, we can make modern materials and do so many things. And so ,we’re in a wonderful situation with electricity in the rich world. But, as we make it cheaper-and let’s go for making it twice as cheap-we need to meet a new constrain,and that constrain has to do with CO2. CO2 is warning the planet, and the equation on CO2 is actually a very straightforward one. If you sum up the CO2 that gets emitted,that leads to a temperature increase, and that temperature increase leads to some very negative effects: the effects on the weather, perhaps worse, the indirect effects,in that the nature ecosystems can’t adjust to these rapid changes, and so you get ecosystem collapses.
Now, the exact amount of how you map from a certain increase of CO2 to what temperature will be and where the positive feedback are, there’s some uncertainty there,but not very much. A
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