John Kerry: Inflation Will Abate If We Spend More Trying to Stop Climate from Changing

We re making some ░░░░░░░░ we are moving forward ░░░░░░░░ we re not making ░░░░░░░░ progress and we re ░░░░░░░░ moving forward faster than ░░░░░░░░ people are scared partly ░░░░░░░░ of what s happening ░░░░░░░░ Ukraine partly that the ░░░░░░░░ situation in Europe particularly ░░░░░░░░ inflation that we ve ░░░░░░░░ suffered but On the ░░░░░░░░ hand the steps we ░░░░░░░░ to take to deal ░░░░░░░░ the climate crisis Most ░░░░░░░░ them are in fact ░░░░░░░░ inflationary They will lower ░░░░░░░░ prices of energy and ░░░░░░░░ will create jobs as ░░░░░░░░ as provide better health ░░░░░░░░ security for countries So ░░░░░░░░ we can turn this ░░░░░░░░ and accelerate but we ░░░░░░░░ to do in Glasgow ░░░░░░░░ is the important blood ░░░░░░░░ U K committed to ░░░░░░░░ it greenhouse gas emissions ░░░░░░░░ twenty fifty in the ░░░░░░░░ leadership election both lists ░░░░░░░░ and richie sumac say ░░░░░░░░ will keep to the ░░░░░░░░ but trust has said ░░░░░░░░ as prime minister she ░░░░░░░░ put a moratorium on ░░░░░░░░ green levy on energy ░░░░░░░░ as a modest help ░░░░░░░░ families although that is ░░░░░░░░ of the plan I ░░░░░░░░ in that target We ░░░░░░░░ to deliver in a ░░░░░░░░ that is it doesn ░░░░░░░░ harm people and businesses ░░░░░░░░ s Why would have ░░░░░░░░ moratorium on the green ░░░░░░░░ Take it out general ░░░░░░░░ say that we can ░░░░░░░░ the pressure of find ░░░░░░░░ ways to deliver nets ░░░░░░░░ John Kerry is diplomatic ░░░░░░░░ emphatic I obviously don ░░░░░░░░ want to get bogged ░░░░░░░░ The leadership is Susan ░░░░░░░░ respect to do these ░░░░░░░░ week s and what ░░░░░░░░ happen in the U ░░░░░░░░ but I will say ░░░░░░░░ pointedly and adamantly we ░░░░░░░░ behind We do not ░░░░░░░░ the luxury of triggering ░░░░░░░░ the twenty fifty right ░░░░░░░░ because we are currently ░░░░░░░░ to a warming of ░░░░░░░░ somewhere between two point ░░░░░░░░ degrees and two point ░░░░░░░░ three point five degrees ░░░░░░░░ The world is already ░░░░░░░░ to one point One ░░░░░░░░ to one point two ░░░░░░░░ Now the cushion riyadh ░░░░░░░░ one point five and ░░░░░░░░ is obviously tiny and ░░░░░░░░ we see what s ░░░░░░░░ with the damages are ░░░░░░░░ planet at one One ░░░░░░░░ one degrees imagine winning ░░░░░░░░ one point five every ░░░░░░░░ of a degree that ░░░░░░░░ warm is gonna cost ░░░░░░░░ trillions more dollars so ░░░░░░░░ tax way laying or ░░░░░░░░ giveaway there is now ░░░░░░░░ the expense of climate ░░░░░░░░ gonna be absolutely superseded ░░░░░░░░ the costs of damage ░░░░░░░░ one An extreme weather ░░░░░░░░ is obviously not a ░░░░░░░░ in itself but throughout ░░░░░░░░ European heatwave we are ░░░░░░░░ that this will become ░░░░░░░░ common It s true ░░░░░░░░ many parts of the ░░░░░░░░ in China which has ░░░░░░░░ a focus in the ░░░░░░░░ change debate they re ░░░░░░░░ the same experience this ░░░░░░░░ parts of the country ░░░░░░░░ recorded the Hottest temperatures ░░░░░░░░ record Oh hot ten ░░░░░░░░ do a damn thing ░░░░░░░░ two Tulsa figure A ░░░░░░░░ at golden government used ░░░░░░░░ have been warning people ░░░░░░░░ the dangers of heat ░░░░░░░░ and how to stay ░░░░░░░░ I been keeping quite ░░░░░░░░ feet off on the ░░░░░░░░ if different golden heating ░░░░░░░░ recent years China s ░░░░░░░░ to face up to ░░░░░░░░ economic and social implications ░░░░░░░░ changes in weather patterns ░░░░░░░░ in conversations with the ░░░░░░░░ and Beijing John Kerry ░░░░░░░░ it has become obvious ░░░░░░░░ President Xi Jinping has ░░░░░░░░ gear I I think ░░░░░░░░ is moving No question ░░░░░░░░ it and I think ░░░░░░░░ she is worried directly ░░░░░░░░ for making those decisions ░░░░░░░░ has directly involved and ░░░░░░░░ in the climate challenge ░░░░░░░░ China faces the same ░░░░░░░░ as people do in ░░░░░░░░ other parts of the ░░░░░░░░ This is affecting their ░░░░░░░░ This will affect their ░░░░░░░░ production This will effect ░░░░░░░░ the quality of life ░░░░░░░░ their citizens want cleaner ░░░░░░░░ and and safer economy ░░░░░░░░ So I think you ░░░░░░░░ seeing a movement now ░░░░░░░░ will say well what ░░░░░░░░ have to be able ░░░░░░░░ prevent having brownouts blackouts ░░░░░░░░ we have to be ░░░░░░░░ remote We think they ░░░░░░░░ do that as far ░░░░░░░░ China Is concerned the ░░░░░░░░ watch had in scala ░░░░░░░░ Hilton dates the change ░░░░░░░░ thinking in the Chinese ░░░░░░░░ party leadership to more ░░░░░░░░ a decade ago I ░░░░░░░░ put it around two ░░░░░░░░ and six Sixty thousand ░░░░░░░░ seven like China became ░░░░░░░░ world s biggest emitter ░░░░░░░░ and there was this ░░░░░░░░ of education program of ░░░░░░░░ central committee and the ░░░░░░░░ Pirro on what exactly ░░░░░░░░ change meant for China ░░░░░░░░ results of cost of ░░░░░░░░ stock in China has ░░░░░░░░ little environmental headroom It ░░░░░░░░ t very population a ░░░░░░░░ on the in it ░░░░░░░░ times the population a ░░░░░░░░ the same kind bakery ░░░░░░░░ the United States for ░░░░░░░░ so ecological damage He ░░░░░░░░ very big consequences and ░░░░░░░░ change is very serious ░░░░░░░░ China once they understood ░░░░░░░░ they began to grasp ░░░░░░░░ nettle the instituted a ░░░░░░░░ of measures when president ░░░░░░░░ came in I think ░░░░░░░░ pace stepped up at ░░░░░░░░ the implementation of it ░░░░░░░░ he made some very ░░░░░░░░ commitments He committed to ░░░░░░░░ net sierra by twenty ░░░░░░░░ and to peaking China ░░░░░░░░ emissions by twenty thirty ░░░░░░░░ is their major problem ░░░░░░░░ the difficulty with coal ░░░░░░░░ it it provides a ░░░░░░░░ of a baseline energy ░░░░░░░░ for China and that ░░░░░░░░ I think slowing the ░░░░░░░░ from coal China tends ░░░░░░░░ be the focus of ░░░░░░░░ criticism from Europe Because ░░░░░░░░ it s historic reliance ░░░░░░░░ coal but of course ░░░░░░░░ Kelly also has to ░░░░░░░░ with criticism of the ░░░░░░░░ States in Congress One ░░░░░░░░ senator Joe mansion from ░░░░░░░░ coal producing state of ░░░░░░░░ Virginia who s A ░░░░░░░░ standing defended of the ░░░░░░░░ fuel industry is joining ░░░░░░░░ to block significant environmental ░░░░░░░░ by the Biden Administration ░░░░░░░░ an evenly divided Senate ░░░░░░░░ vote makes the difference ░░░░░░░░ the conservative dominated Supreme ░░░░░░░░ tilted to the right ░░░░░░░░ the Trump era has ░░░░░░░░ a recent ruling that ░░░░░░░░ the power of the ░░░░░░░░ protection agency to the ░░░░░░░░ of the administration The ░░░░░░░░ try to fight back ░░░░░░░░ week with a two ░░░░░░░░ a half billion dollar ░░░░░░░░ program Climate change is ░░░░░░░░ an existential threat to ░░░░░░░░ nation and to the ░░░░░░░░ That s why they ░░░░░░░░ making the largest investment ░░░░░░░░ two point three billion ░░░░░░░░ to help communities across ░░░░░░░░ country build infrastructure That ░░░░░░░░ the designed to withstand ░░░░░░░░ full range of disaster ░░░░░░░░ seem to up to ░░░░░░░░ extreme heat drought flooding ░░░░░░░░ tornadoes A question that ░░░░░░░░ people listening will ask ░░░░░░░░ whether President Biden will ░░░░░░░░ able to turn this ░░░░░░░░ an election season into ░░░░░░░░ issue that grabs the ░░░░░░░░ and the commitment And ░░░░░░░░ not just his own ░░░░░░░░ but some of those ░░░░░░░░ are wondering where the ░░░░░░░░ goes next because you ░░░░░░░░ you got a big ░░░░░░░░ ahead of you in ░░░░░░░░ mid term Elections Let ░░░░░░░░ be crystal clear our ░░░░░░░░ Biden has already put ░░░░░░░░ on the front burner ░░░░░░░░ administration but this is ░░░░░░░░ something where he or ░░░░░░░░ or others have to ░░░░░░░░ to get people to ░░░░░░░░ what s happening when ░░░░░░░░ tell your mother nature ░░░░░░░░ doing that job very ░░░░░░░░ effectively and the fact ░░░░░░░░ that among people thirty ░░░░░░░░ old and younger this ░░░░░░░░ top issue this is ░░░░░░░░ the number one issue ░░░░░░░░ should be because it ░░░░░░░░ existential it s about ░░░░░░░░ itself an and we ░░░░░░░░ seeing the consequences of ░░░░░░░░ doing it Millions tens ░░░░░░░░ millions of people are ░░░░░░░░ to be affected by ░░░░░░░░ production losses in places ░░░░░░░░ africa south Asia and ░░░░░░░░ The he already is ░░░░░░░░ something the human body ░░░░░░░░ made to live in ░░░░░░░░ work in and we ░░░░░░░░ seeing the consequences rat ░░░░░░░░ extreme heat death At ░░░░░░░░ five million a year ░░░░░░░░ million people you re ░░░░░░░░ from the bad quality ░░░░░░░░ it comes from the ░░░░░░░░ It s not take ░░░░░░░░ effects in africa the ░░░░░░░░ stockholm international waters institute ░░░░░░░░ working across the continent ░░░░░░░░ the dramatic effects of ░░░░░░░░ rain patterns the rainy ░░░░░░░░ getting show Russia and ░░░░░░░░ land in many countries ░░░░░░░░ much drier so food ░░░░░░░░ is dropping The institute ░░░░░░░░ director l explained to ░░░░░░░░ how rural communities are ░░░░░░░░ to adapt quickly not ░░░░░░░░ they re told to ░░░░░░░░ because they re experiencing ░░░░░░░░ to day changes in ░░░░░░░░ lives Communities are act ░░░░░░░░ clued up about climate ░░░░░░░░ When you speak to ░░░░░░░░ despite them being and ░░░░░░░░ rural places we might ░░░░░░░░ think I have challenges ░░░░░░░░ the internet and so ░░░░░░░░ The way people say ░░░░░░░░ parents could be farming ░░░░░░░░ no longer really applicable ░░░░░░░░ s been a shift ░░░░░░░░ the way the reins ░░░░░░░░ falling It s not ░░░░░░░░ that is maybe going ░░░░░░░░ be coming in the ░░░░░░░░ train your thirty years ░░░░░░░░ the line they speak ░░░░░░░░ it in the present ░░░░░░░░ of course then a ░░░░░░░░ of the younger people ░░░░░░░░ the decision to migrate ░░░░░░░░ the urban centers in ░░░░░░░░ hope of getting jobs ░░░░░░░░ there of is the ░░░░░░░░ migration at you see ░░░░░░░░ most countries in africa ░░░░░░░░ we are working But ░░░░░░░░ course there s a ░░░░░░░░ picture bit of a ░░░░░░░░ of people feel well ░░░░░░░░ s no opportunities for ░░░░░░░░ Broadly in africa Of ░░░░░░░░ they look at other ░░░░░░░░ of the world to ░░░░░░░░ to accepting the inevitable ░░░░░░░░ for John Kerry and ░░░░░░░░ Biden frustrated by political ░░░░░░░░ on Capitol Hill there ░░░░░░░░ some hope in the ░░░░░░░░ the private sector in ░░░░░░░░ United States has sensed ░░░░░░░░ opportunity seen the way ░░░░░░░░ wind is blowing if ░░░░░░░░ like and is investing ░░░░░░░░ green research and development ░░░░░░░░ the down stream impacts ░░░░░░░░ not respond Finding something ░░░░░░░░ people all around the ░░░░░░░░ are now increasingly becoming ░░░░░░░░ ill personally aware of ░░░░░░░░ a daily basis and ░░░░░░░░ think any it or ░░░░░░░░ politician who doesn t ░░░░░░░░ that is really missing ░░░░░░░░ basic not just the ░░░░░░░░ facts but also the ░░░░░░░░ of this moment The ░░░░░░░░ is that the private ░░░░░░░░ many many people are ░░░░░░░░ ahead of the politicians ░░░░░░░░ have major corporations like ░░░░░░░░ fedex and and salesforce ░░░░░░░░ apple Microsoft draw ford ░░░░░░░░ company general motors united ░░░░░░░░ Sixty five percent of ░░░░░░░░ GDP has joined something ░░░░░░░░ the first movers coalition ░░░░░░░░ they are now buying ░░░░░░░░ products to send a ░░░░░░░░ signal create demand where ░░░░░░░░ doesn t exist So ░░░░░░░░ ceos know something that ░░░░░░░░ apollo Sessions are not ░░░░░░░░ to acknowledge and they ░░░░░░░░ millions upon millions of ░░░░░░░░ around the world and ░░░░░░░░ re committed to moving ░░░░░░░░ an example in Europe ░░░░░░░░ points to Germany which ░░░░░░░░ beset by what is ░░░░░░░░ gas supplies from Russia ░░░░░░░░ country s reliance had ░░░░░░░░ with Vladimir Putin has ░░░░░░░░ politics in berlin in ░░░░░░░░ in planning for the ░░░░░░░░ Germany s decided that ░░░░░░░░ in renewable sources of ░░░░░░░░ is economic good sense ░░░░░░░░ just for years to ░░░░░░░░ but in improving the ░░░░░░░░ of life he had ░░░░░░░░ know The reality is ░░░░░░░░ there are immediate benefits ░░░░░░░░ you deploy renewable energy ░░░░░░░░ now in the neck ░░░░░░░░ months in the next ░░░░░░░░ you will reduce your ░░░░░░░░ of energy so if ░░░░░░░░ will recognize are some ░░░░░░░░ are Germany for instance ░░░░░░░░ moving towards Eighty percent ░░░░░░░░ their energy grid will ░░░░░░░░ provided by renewables Duck ░░░░░░░░ is president of the ░░░░░░░░ environment agency and he ░░░░░░░░ to experiences that have ░░░░░░░░ to drive Political decisions ░░░░░░░░ reason behind this is ░░░░░░░░ have to reduce climate ░░░░░░░░ I mean we had ░░░░░░░░ flooding in Germany last ░░░░░░░░ and a small valley ░░░░░░░░ and whatnot and fifty ░░░░░░░░ died and be produced ░░░░░░░░ by this plot flooding ░░░░░░░░ the magnitude of thirty ░░░░░░░░ forty billion euros within ░░░░░░░░ nights Not this is ░░░░░░░░ and damage driven by ░░░░░░░░ change and we have ░░░░░░░░ avoid this by m ░░░░░░░░ climate investments and is ░░░░░░░░ candy is well aware ░░░░░░░░ United States although it ░░░░░░░░ working to try to ░░░░░░░░ international cooperation on the ░░░░░░░░ is hardly in a ░░░░░░░░ to lecture anyone because ░░░░░░░░ fevered police Tickle atmosphere ░░░░░░░░ America means that Congress ░░░░░░░░ t decide how to ░░░░░░░░ especially in a midterm ░░░░░░░░ season Biden talks about ░░░░░░░░ green future The legacy ░░░░░░░░ Donald Trump who derided ░░░░░░░░ agenda still lingers It ░░░░░░░░ a very big problem ░░░░░░░░ the United States still ░░░░░░░░ one of the most ░░░░░░░░ polluters in the terms ░░░░░░░░ greenhouse gas emissions worldwide ░░░░░░░░ without the United States ░░░░░░░░ cannot achieve The overall ░░░░░░░░ is going towards clammy ░░░░░░░░ in two thousand and ░░░░░░░░ and the problems which ░░░░░░░░ are describing our real ░░░░░░░░ is a public and ░░░░░░░░ political divide in in ░░░░░░░░ you want the United ░░░░░░░░ around the climate issue ░░░░░░░░ I also converge with ░░░░░░░░ which what what you ░░░░░░░░ been saying I would ░░░░░░░░ the western word climate ░░░░░░░░ is highest in the ░░░░░░░░ States it s completely ░░░░░░░░ in in Europe and ░░░░░░░░ have a better perspective ░░░░░░░░ in in driving our ░░░░░░░░ ambitions down the road ░░░░░░░░ ambitions are also challenged ░░░░░░░░ the war on European ░░░░░░░░ The interests of Russia ░░░░░░░░ the United States obviously ░░░░░░░░ EU and in the ░░░░░░░░ of geopolitics China s ░░░░░░░░ are all entwined in ░░░░░░░░ crisis in Ukraine Before ░░░░░░░░ invasion How many of ░░░░░░░░ realize the importance of ░░░░░░░░ exports through the Black ░░░░░░░░ How much more difficult ░░░░░░░░ it become because of ░░░░░░░░ Ukrainian crisis in the ░░░░░░░░ that it produces what ░░░░░░░░ is more difficult Ah ░░░░░░░░ s no pressure Is ░░░░░░░░ more difficult absolutely but ░░░░░░░░ re capable of managing ░░░░░░░░ We do marriage multiple ░░░░░░░░ at same time this ░░░░░░░░ not outside of our ░░░░░░░░ to be able to ░░░░░░░░ what is happening I ░░░░░░░░ in diplomacy The hours ░░░░░░░░ war is the failure ░░░░░░░░ diplomacy and I hate ░░░░░░░░ we have space here ░░░░░░░░ be able to work ░░░░░░░░ these differences I I ░░░░░░░░ still believe we have ░░░░░░░░ ability to be able ░░░░░░░░ come back together may ░░░░░░░░ awhile a good deal ░░░░░░░░ is not easy but ░░░░░░░░ is a reason place ░░░░░░░░ reasonableness We been there ░░░░░░░░ since world war Two ░░░░░░░░ structure that we build ░░░░░░░░ the world is a ░░░░░░░░ of the values and ░░░░░░░░ on much restructured that ░░░░░░░░ order After that war ░░░░░░░░ and I think what ░░░░░░░░ happened in Ukraine is ░░░░░░░░ the world is come ░░░░░░░░ That s the natural ░░░░░░░░ world weary but persistent ░░░░░░░░ a format American secretary ░░░░░░░░ state and a senator ░░░░░░░░ three decades before that ░░░░░░░░ still convinced that out ░░░░░░░░ crises comes international cooperation ░░░░░░░░ there s no other ░░░░░░░░ He points to the ░░░░░░░░ after the second world ░░░░░░░░ mocked input into Russia ░░░░░░░░ Trump s America as ░░░░░░░░ model and I they ░░░░░░░░ we ve stood up ░░░░░░░░ in Ukraine is critical ░░░░░░░░ whatever future we have ░░░░░░░░ this planet Because it ░░░░░░░░ those values in those ░░░░░░░░ are are so important ░░░░░░░░ by the way have ░░░░░░░░ themselves to be so ░░░░░░░░ effective in helping the ░░░░░░░░ to make progress during ░░░░░░░░ years a group even ░░░░░░░░ we have the violence ░░░░░░░░ have today fewer people ░░░░░░░░ dying Brown return day ░░░░░░░░ at any time in ░░░░░░░░ history and we ve ░░░░░░░░ diseases that we never ░░░░░░░░ richer Emery come together ░░░░░░░░ deal with ebola to ░░░░░░░░ with AIDS to deal ░░░░░░░░ would be pandemic so ░░░░░░░░ think we have to ░░░░░░░░ the the successes that ░░░░░░░░ have to encourage us ░░░░░░░░ believe more in our ░░░░░░░░ to be able to ░░░░░░░░ a difference and and ░░░░░░░░ had that s what ░░░░░░░░ a lot of people ░░░░░░░░ and I think red ░░░░░░░░ absolutely can work through ░░░░░░░░ crises At the same ░░░░░░░░ secretary John Kenny Thank ░░░░░░░░ very much indeed Thank ░░░░░░░░