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It's kind of this crazy thing
that there's this energy source
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that's wildly cheap, you know,
that has powered our society.
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Our society is based on hydrocarbons.
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Gasoline, natural gas, and coal.
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At the same time, the phenomena
of energy release is going to CO2,
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then the CO2 is like a mirror
that's reflecting the heat back in,
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which has
all these traumatic weather effects.
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Total emissions
is over 50 billion tons a year.
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You know, it's just a mind-blowing number.
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We know for sure
that if you keep using hydrocarbons,
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then things get very bad.
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So, we have to give up hydrocarbons
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almost entirely.
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Well, it's official.
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This year is now tied for the most days
over 110 degrees recorded.
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You believe this is the toughest challenge
humanity has ever faced?
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Absolutely.
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There's no reason
to let it happen.
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We have solutions.
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Practically every activity
that we engage in
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involves fossil fuels in some way.
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{\an8}Looking at our phones,
charging our phones, you know,
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{\an8}to, uh, going to the ice skating rink,
going to the swimming pool, you know.
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All these things
are being heated and cooled.
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So, the scale of the solution
has to match the scale of the problem,
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and that's very hard to even imagine.
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{\an8}We are addicted to fossil fuels, right?
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{\an8}And going cold turkey... wouldn't work.
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The electricity system would fail.
You wouldn't be able to drive to work.
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Farmers wouldn't have any fertilizers.
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You couldn't build
new buildings and roads.
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People would be freezing to death.
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You know, there's almost nothing
that doesn't draw
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on a massive amount of hydrocarbons.
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{\an8}Particularly because of my travel,
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{\an8}my carbon footprint
would be one of the highest.
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{\an8}But I can afford to buy technologies
that zero out my emissions.
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{\an8}I also buy carbon credits.
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Obviously, you know,
I can afford to do that,
40
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so that's not really being
part of the solution.
41
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Bill Gates, welcome back.
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Now you're talking about climate change.
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In your new book, you talk about
how to avoid a climate disaster.
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We all need
to get rid of our footprint
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by driving innovation faster
than it would normally take place.
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You know, I... I have a life
of seeing human innovation at work.
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You know, the digital revolution
that I was lucky enough to be part of
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{\an8}took people very much by surprise.
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{\an8}What is the essence of Microsoft?
50
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{\an8}Well, a computer on every desk
and in every home.
51
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{\an8}- I don't have one at home or my desk.
- We're working on that.
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{\an8}I remember when I read the book.
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You could tell his approach
was a systems approach.
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{\an8}I always tell people
about that book. I go,
55
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{\an8}"That book is just a pie chart, okay?"
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{\an8}It's the world's best pie chart book.
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{\an8}It tells you the pie chart
of all the causes.
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You're not a worthy cocktail party
contestant unless you know the pie chart.
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So, emissions come
from many sectors of the economy.
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{\an8}The manufacturing or industrial piece,
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{\an8}making steel,
making cement, making chemicals.
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{\an8}That is so hidden to people.
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{\an8}They're surprised that, globally,
it's bigger than any of the others.
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Then there's producing electricity,
burning coal, natural gas,
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{\an8}and then you have agriculture,
where you have use of fertilizers,
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{\an8}and you have the fact
that cows generate natural gas.
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{\an8}Then there's transportation.
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{\an8}Passenger cars, trucks,
buses, trains, planes, boats.
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And then finally, you have buildings,
where we heat and cool the buildings.
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To get to zero emissions,
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you literally have to zero out
all the emissions in those five categories
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in every single country,
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and so it's...
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You know, it's very daunting.
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I do have the great fortune
of growing up in Montana.
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{\an8}There's a river that runs
right through town right by my house.
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{\an8}We spend all of our time outside.
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The impacts are visible everywhere,
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but they're much more obvious
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when you're constantly interacting
with the outdoors.
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Wildfire smoke settles
into the valley where I live,
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and it's hard to breathe.
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I also saw the glaciers
in Glacier National Park melting.
84
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Yeah, pretty much doomed
if we don't make any changes soon.
85
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{\an8}People are dying.
People are being affected, and I...
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{\an8}It's getting closer and closer to us
in Western societies.
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{\an8}Climate change growing up
is... is just something that was there.
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{\an8}I... I have known no world
before climate change.
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Even if we want to do something
around the climate crisis,
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it's not clear
what we could even do to address it.
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That's crazy.
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Yes.
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Wait, so it should be
part of college orientation.
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Well, the climate cause
benefits immensely
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by having lots of young activists.
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You know, they're a super important part
of the movement.
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- Hi.
- Hello.
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- Hello.
- Nice to meet you.
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- Isaac.
- Hi, Isaac.
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- Grace. Nice to meet you.
- Hey.
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- I'm Jamie.
- Hi, Jamie.
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I learn from them
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just like I do from the scientists
coming up with the breakthroughs.
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The highest temperature ever,
they almost broke it.
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They were hoping they would break it,
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so a bunch of people wanted to be
in Death Valley when it broke the record.
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That's like the dinosaurs wanting
to pose with the asteroids.
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Like...
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I don't consider myself
a climate optimist,
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but at the same time,
I don't consider myself a pessimist.
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I don't think that's helpful.
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We need a diversity of tactics
to face, you know, this climate crisis.
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The crisis doesn't care
if we're not ready for it.
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You can't disengage
from the knowledge that, as we are now,
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it's not looking so great in the future.
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Um...
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They have a more bleak view of the world
and the difficulties of getting there
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than I do
or that I expected they would have.
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I want to make sure they get exposed
to some of these innovations.
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You know,
gasoline costs less than bottled water,
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and so people are kind of spoiled.
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Hydrocarbons, except for the fact
they emit CO2, they are miraculous.
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We're trying to make a battery that's
a tenth as energy-dense as gasoline,
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but there's so much we have to do
in the next ten years.
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Across every area of emission, you know,
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"zero" is this demanding number
that doesn't let you pick,
127
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"Okay, let's do this one
but not... not this one."
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The climate issue is
a classic stakeholder problem.
129
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{\an8}The people who will be
most affected by climate change
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{\an8}are our unborn children,
131
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{\an8}and it's very hard
to get a generation living today
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to make major sacrifices
for a generation yet to be born,
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and that's why
you also need the profit motive.
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Hi. Welcome.
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We'll do some Q and A
and have some discussion from there.
136
00:08:17,914 --> 00:08:19,373
Thank you. Take it away.
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Breakthrough Energy Ventures is
an investment firm led by Bill Gates,
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designed to tackle
the production of greenhouse gases.
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Strategic investments can show the world
that there's a better way to do this,
140
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{\an8}and then I can go to you and say,
141
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{\an8}"It doesn't matter
what your politics are."
142
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{\an8}"It doesn't matter what you think
about any of it."
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{\an8}"This is objectively
a better way of doing it, so let's do it."
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If you look at steel,
grey hydrogen, and chemical,
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which are the three targeted industries
we look at.
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Right now, fossil ethylene is produced
in a very carbon-intensive way.
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{\an8}We need business-as-usual solutions
to making things, getting electricity,
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{\an8}driving around, flying around, you know,
our buildings, our homes.
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Where... What do we eat?
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So we wanna replace those things
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at the same standard,
at least, with no emissions, all right?
152
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So the only way you can do that is if
you're coming up with new technologies.
153
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Dioxycle is
a carbon emissions recycling company.
154
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Climate change
is a scale problem.
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If you don't have scale,
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there's no way you can change the climate.
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I would not try
to change the climate as a hobby,
158
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and therefore,
you need a solution that offers scale.
159
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And there's only one thing
as big as Mother Nature,
160
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and that's Father Greed, the marketplace.
161
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We are getting ready to move on
to our one-ton-per-day pilot.
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I'm showing you really
just the shell here.
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I think it's commendable
he's putting his money where his mouth is.
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Most of us don't have the capital
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to invest in, you know,
multi-million dollar startups,
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most of which will not pan out,
but some of which may.
167
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...require clean hydrogen
going into the future...
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You end up funding
a lot of things that are a dead end,
169
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but the few that become the equivalent
of Apple or Microsoft or Google
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00:10:05,521 --> 00:10:07,732
in this clean-tech area,
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there will be many companies
that achieve that type of impact.
172
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Climate is, in many ways,
a systems problem.
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We think software has an interesting role
to potentially help solve that.
174
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{\an8}You have amazing entrepreneurs
with all sorts of ideas coming at you.
175
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{\an8}So, we're super over-minded
in terms of thinking about what could be.
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We've really been able to explore
this new cement production process.
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Now, you may think
what you're doing at that moment
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is investing in a thing
that's not the thing,
179
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but in fact, a thing that's not the thing
can quickly become the thing.
180
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As long as we can hit
a certain current density,
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the capital cost could
be comparable to a kiln.
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And the heat you're getting
from natural gas or electricity...
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Now, Breakthrough Energy
has over a hundred companies.
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You've got agriculture.
You've got buildings.
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Cement is one
where we have some great companies.
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{\an8}Someone from Bill Gates's fund,
Breakthrough Energy Ventures,
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came to Caltech and gave a talk.
He said, "Look,
188
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{\an8}there's all these huge climate problems
that no one's working on."
189
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{\an8}"There's no money going into them."
190
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{\an8}"That's a huge problem
because they're as important as cars."
191
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Concrete's the most consumed
human-made material on the planet.
192
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We use more concrete
than anything except for water.
193
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It's almost magic, right?
It's... It's liquid rock.
194
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A few minutes to a few hours
to a few days, it becomes hard.
195
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It becomes a structure.
196
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It's this incredible thing
that has allowed us
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to build everything
from skyscrapers to bridges to dams.
198
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Spreading the concrete
as it comes from the pipes
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is a job called "punning."
200
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The same thing has been done
in the cement industry
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for a hundred-plus years.
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{\an8}Some people know for a very long time
that cement is a huge polluter,
203
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{\an8}and no one's been doing anything about it.
204
00:12:06,058 --> 00:12:10,229
Concrete is a mixture of cement,
sand, gravel, and water.
205
00:12:10,312 --> 00:12:13,691
The CO2 emissions associated
with producing cement
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is a chemistry problem.
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We need to make
the exact same material.
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And the reason we need to make
the exact same material
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is because there is so much risk
associated with building a building
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and so much money
that no one wants to specify a material
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that's never been used
to build a building before.
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The way to make cement today
is the process
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where you use limestone,
which has carbon in it.
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So, when you burn it, you release the CO2.
215
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But at Brimstone,
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we use calcium silicate rocks
that don't contain CO2.
217
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Cement is
a calcium-based material.
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You need to get calcium out of the rock
in order to make cement.
219
00:12:54,356 --> 00:12:58,527
So, I'll pour in the liquid
that we usually use as our leaching agent.
220
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We'll pour in this first.
221
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That leaching agent
will react with the rock
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and remove the calcium from the rock.
223
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We then take that calcium,
and we put that rock into a kiln,
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which produces cement.
225
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In our facility, we send it over
to our concrete lab for testing.
226
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We then basically take that cube,
put that into a press, crush the cube,
227
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and measure how much force
we needed to apply to that cube
228
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in order to get it to crack,
229
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and that tells us
how strong the cement is.
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General-use cement would be like 4,000
to 5,000 pounds per square inch.
231
00:13:41,695 --> 00:13:45,825
Large skyscrapers, right, you may need
to use very, very high-strength cements
232
00:13:45,908 --> 00:13:50,162
and get to, you know, 10,000,
even 20,000 pounds per square inch.
233
00:13:53,707 --> 00:13:54,707
Ooh.
234
00:13:55,292 --> 00:13:56,335
That's sick.
235
00:13:58,045 --> 00:14:00,339
{\an8}There's a lot of cement factories
in this world,
236
00:14:00,422 --> 00:14:05,845
{\an8}so this is not going to be, you know,
like making a faster computer chip.
237
00:14:05,928 --> 00:14:09,598
If you say to India,
"Okay, make your cement a new way,"
238
00:14:09,682 --> 00:14:13,352
there are thousands
of concrete plants in India alone.
239
00:14:14,436 --> 00:14:18,607
It's a long distance between
inventing a new way to make cement
240
00:14:18,691 --> 00:14:23,070
and getting every cement kiln
in all of India
241
00:14:23,153 --> 00:14:27,366
to no longer have huge CO2 emissions.
242
00:14:27,992 --> 00:14:30,178
There's still some big things
on the to-do list.
243
00:14:30,202 --> 00:14:31,871
So, we have to build a plant.
244
00:14:31,954 --> 00:14:33,554
Then we have to build 3,000 more plants.
245
00:14:34,540 --> 00:14:36,726
Then we have to decarbonize
the entire industry.
246
00:14:36,750 --> 00:14:38,502
There's big, big to-do list items.
247
00:14:38,586 --> 00:14:41,422
There's no question, right?
Anyway, awesome job, everyone.
248
00:14:43,215 --> 00:14:44,466
Great work, team.
249
00:14:54,018 --> 00:14:58,731
The first big published paper
on the greenhouse gas issue
250
00:14:58,814 --> 00:15:00,733
was published in the 1800s.
251
00:15:00,816 --> 00:15:02,776
{\an8}So, we've had a sense of the fact
252
00:15:02,860 --> 00:15:07,114
{\an8}that greenhouse gases could trap heat
in the atmosphere for quite some time.
253
00:15:07,615 --> 00:15:10,284
Why don't you try a tankful?
Try it and let me know.
254
00:15:10,367 --> 00:15:11,619
Okay, fill it up.
255
00:15:11,702 --> 00:15:14,622
It was really in
the post-war era, after World War II,
256
00:15:14,705 --> 00:15:18,292
that emissions just started
to increase dramatically.
257
00:15:20,127 --> 00:15:24,048
By the 1960s, President Johnson
had a paper on his desk that said,
258
00:15:24,131 --> 00:15:26,383
"This is a big issue
that you need to be concerned about
259
00:15:26,467 --> 00:15:27,987
from a national security perspective."
260
00:15:29,053 --> 00:15:33,599
The fossil fuel industry did have a sense
of what their product was causing.
261
00:15:33,682 --> 00:15:36,644
They conducted a lot of research
looking at the effects of their product
262
00:15:36,727 --> 00:15:38,103
on the global climate.
263
00:15:40,189 --> 00:15:44,193
The biggest emitters are
the Gulf countries that produce the stuff,
264
00:15:44,276 --> 00:15:46,612
but then after that
are countries like the U.S.
265
00:15:48,572 --> 00:15:52,701
In the West,
we have really high-carbon lifestyles.
266
00:15:52,785 --> 00:15:54,078
{\an8}Hey, it's Criss Angel.
267
00:15:54,161 --> 00:15:58,082
{\an8}I wanna welcome you
to my 22,000-square-foot estate
268
00:15:58,165 --> 00:16:00,167
known as Serenity.
269
00:16:01,251 --> 00:16:05,631
So, everything that we think about
in terms of a modern economy
270
00:16:05,714 --> 00:16:08,217
is intertwined with fossil fuels,
and you can look at that
271
00:16:08,300 --> 00:16:10,928
if you're thinking about, you know,
our... our electricity system.
272
00:16:13,389 --> 00:16:14,974
The electric grid
273
00:16:15,057 --> 00:16:18,686
is not only a source
of about a third of the emissions,
274
00:16:18,769 --> 00:16:24,316
it's also the only source of energy
that we know how to make clean.
275
00:16:26,360 --> 00:16:30,948
Solar and wind, you know,
the prices come down dramatically.
276
00:16:31,031 --> 00:16:32,751
The problem with it
is they're intermittent.
277
00:16:32,783 --> 00:16:34,719
The sun doesn't always shine,
the wind doesn't always blow,
278
00:16:34,743 --> 00:16:36,743
but you always wanna be able
to plug in your phone.
279
00:16:37,746 --> 00:16:42,459
We don't yet have a way to store
the energy they create inexpensively
280
00:16:42,543 --> 00:16:45,504
to have it available whenever we need it,
281
00:16:45,587 --> 00:16:47,756
but also, demand for electricity
282
00:16:47,840 --> 00:16:50,843
will only get higher
as we move into the future.
283
00:16:51,969 --> 00:16:57,391
{\an8}In the future, we need to use electricity
to now power cars, to power our buildings.
284
00:17:00,394 --> 00:17:01,478
{\an8}And so, weirdly,
285
00:17:01,562 --> 00:17:03,856
{\an8}not only do we have
to make the grid green,
286
00:17:04,440 --> 00:17:10,154
we also have to make it
2.5 times as large.
287
00:17:10,237 --> 00:17:14,324
In my view, the most promising solution
is nuclear energy.
288
00:17:15,826 --> 00:17:19,163
Either nuclear fusion or nuclear fission.
289
00:17:21,123 --> 00:17:25,210
Fusion, we don't have
an economic fusion plant,
290
00:17:25,294 --> 00:17:28,380
and even some of the science
is a bit uncertain.
291
00:17:29,006 --> 00:17:32,885
So, I think it's very important
that we keep working on fission.
292
00:17:33,927 --> 00:17:37,848
I'm a huge investor
in a company called TerraPower
293
00:17:37,931 --> 00:17:40,601
that's trying to do
a next-generation reactor.
294
00:17:41,810 --> 00:17:46,774
The reactors that we use today
cool things off by using water.
295
00:17:46,857 --> 00:17:48,484
Water can't hold much heat,
296
00:17:48,567 --> 00:17:51,403
so as it heats up,
it gets to be very high pressure.
297
00:17:52,738 --> 00:17:56,325
For many decades, they've talked about
switching away from water
298
00:17:56,408 --> 00:17:59,244
to use liquid metal like sodium,
299
00:17:59,328 --> 00:18:01,747
and that's the approach
TerraPower's taken.
300
00:18:02,331 --> 00:18:04,541
There's no pressure inside the reactor.
301
00:18:04,625 --> 00:18:08,337
Also, all the issues of afterheat,
302
00:18:08,420 --> 00:18:12,007
you know, which caused
both Fukushima and Chernobyl,
303
00:18:12,091 --> 00:18:13,342
those are gone.
304
00:18:14,009 --> 00:18:17,971
So, TerraPower's nuclear power plants
will be far safer,
305
00:18:18,055 --> 00:18:20,516
but, you know,
you actually have to build a demo plant,
306
00:18:20,599 --> 00:18:26,021
get the U.S. regulator to look hard
at how you've done the designs.
307
00:18:40,702 --> 00:18:44,039
TerraPower has picked this
as the place to build
308
00:18:44,123 --> 00:18:47,251
the first of the next-generation reactors.
309
00:18:55,259 --> 00:18:58,470
The current biggest employer here,
which is this coal plant,
310
00:18:58,554 --> 00:19:01,932
that will be shut down
for environmental reasons.
311
00:19:07,020 --> 00:19:11,567
The skills of the workers there match
what we needed at the new plant.
312
00:19:13,777 --> 00:19:17,114
So, it's kind of a textbook example
of what you'd like,
313
00:19:17,197 --> 00:19:22,161
which is the clean economy to go
to wherever the jobs are being lost,
314
00:19:22,661 --> 00:19:26,582
uh, as the dirty economy is phased out.
315
00:19:30,419 --> 00:19:32,504
J.C. Penney's home is behind us.
316
00:19:32,588 --> 00:19:36,341
Uh, that's the Victory Theater.
It opens three nights a week.
317
00:19:36,425 --> 00:19:41,597
And they're redoing this to become
the new law office and the, um, bakery.
318
00:19:41,680 --> 00:19:43,432
- Wow.
- Isn't that great?
319
00:19:43,515 --> 00:19:44,795
- Nice.
- Okay.
320
00:19:46,351 --> 00:19:48,896
Is the bakery yours,
or they'll be a tenant of yours?
321
00:19:48,979 --> 00:19:51,249
So, it'll be ours.
We have a bakery in the back right now.
322
00:19:51,273 --> 00:19:52,941
Okay, and the law office?
323
00:19:53,025 --> 00:19:55,027
Well, I have two law firms.
324
00:19:55,110 --> 00:19:55,944
Oh, you're kidding.
325
00:19:56,028 --> 00:19:58,131
- So we're expanding here.
- That's eclectic.
326
00:19:58,155 --> 00:19:59,966
It's very synergistic.
327
00:19:59,990 --> 00:20:02,326
You can eat cupcakes,
drink coffee, and sue people.
328
00:20:02,409 --> 00:20:04,119
I mean, it's a law firm.
329
00:20:04,203 --> 00:20:07,372
Well, it's my first time here,
and I was looking forward
330
00:20:07,456 --> 00:20:11,001
to coming and seeing where we're building
this first-of-a-kind plant.
331
00:20:11,084 --> 00:20:14,713
You know, we were just out on the site.
It's just a bunch of land.
332
00:20:14,796 --> 00:20:19,801
I mean, all the billions
I'm putting into TerraPower will be lost
333
00:20:19,885 --> 00:20:20,886
if it doesn't work,
334
00:20:20,969 --> 00:20:22,763
but the breakthrough would really
335
00:20:23,263 --> 00:20:26,016
make a huge difference
in helping us solve climate.
336
00:20:35,525 --> 00:20:38,445
A fusion reactor
potentially could be
337
00:20:38,528 --> 00:20:40,864
a very cheap source of electricity
338
00:20:40,948 --> 00:20:44,034
with almost no environmental problems.
339
00:20:44,117 --> 00:20:47,287
You know, today, the science,
we don't even know how to make one,
340
00:20:47,371 --> 00:20:49,456
and, you know, could it come in time?
341
00:20:49,539 --> 00:20:51,601
If you think of
our addiction to fossil fuels
342
00:20:51,625 --> 00:20:53,418
and the way that we're going about
343
00:20:53,502 --> 00:20:55,420
attempting to wean off of it,
we're losing.
344
00:20:55,504 --> 00:20:58,257
The fossil fuel industry
is making record profits.
345
00:20:58,340 --> 00:20:59,675
Emissions are going up.
346
00:20:59,758 --> 00:21:03,053
People are right to be
incredibly skeptical and disillusioned.
347
00:21:03,136 --> 00:21:07,391
There's part of the movement
that I don't fully agree with,
348
00:21:07,474 --> 00:21:12,062
which is that you denigrate
the current way of doing things
349
00:21:12,145 --> 00:21:13,981
before we have a replacement.
350
00:21:14,564 --> 00:21:18,026
I wish there was as much emphasis
on the new thing.
351
00:21:18,110 --> 00:21:20,988
But, you know,
I'm... I'm an optimist, and I...
352
00:21:21,071 --> 00:21:24,992
You know, I think
we will limit temperature increase.
353
00:21:25,742 --> 00:21:30,580
I feel like optimism has to come
from realistic action.
354
00:21:30,664 --> 00:21:34,042
Like, if we just sit here and are like,
"Wow, I'm optimistic,"
355
00:21:34,126 --> 00:21:36,086
then that does a counter service.
356
00:21:36,169 --> 00:21:40,841
There are certain levels of blind optimism
that can be a form of climate denial.
357
00:21:49,808 --> 00:21:52,019
The Paris Agreement set the goal
358
00:21:52,102 --> 00:21:55,731
of holding temperatures
well below two degrees Celsius,
359
00:21:55,814 --> 00:21:58,608
cut emissions in half
between 2015 and 2030,
360
00:21:58,692 --> 00:22:01,778
and then by 2050, have net-zero emissions.
361
00:22:01,862 --> 00:22:03,488
How are we doing?
362
00:22:03,572 --> 00:22:07,075
{\an8}Carbon dioxide in the atmosphere
hit record levels in the spring,
363
00:22:07,159 --> 00:22:09,745
the highest
in more than four million years.
364
00:22:09,828 --> 00:22:11,955
Bad.
Bad. We're doing very badly.
365
00:22:12,956 --> 00:22:17,961
The long-term trend is that
we are not seeing a decline in emissions.
366
00:22:21,757 --> 00:22:25,719
We may miss the two-degree goal,
367
00:22:25,802 --> 00:22:30,891
and so the amount of damage
is going to be very substantial.
368
00:22:33,935 --> 00:22:36,396
You know,
two degrees seemed like a long way off.
369
00:22:36,480 --> 00:22:38,815
Now here we basically are at 1.5.
370
00:22:38,899 --> 00:22:42,152
This past summer was a taste
of how destructive that is.
371
00:22:43,320 --> 00:22:46,365
Two degrees, there are projections
of parts of the world
372
00:22:46,448 --> 00:22:48,200
that are gonna become unlivable.
373
00:22:48,700 --> 00:22:52,662
Whole cities with millions of people
will become very difficult to live in.
374
00:22:53,872 --> 00:22:55,749
It's beyond depressing, yeah.
375
00:22:57,501 --> 00:22:58,781
It's a continuum, right?
376
00:22:58,835 --> 00:23:03,507
So, is there a single tipping point?
No, there is not a single tipping point.
377
00:23:04,758 --> 00:23:08,512
The last time the surface of the planet
was as warm as it is today,
378
00:23:08,595 --> 00:23:10,680
it was 120,000 years ago,
379
00:23:10,764 --> 00:23:13,683
and sea level was 25 feet higher
than it is today.
380
00:23:15,018 --> 00:23:17,604
Average elevation above sea level
in New York City?
381
00:23:18,188 --> 00:23:19,439
Thirty-three feet.
382
00:23:19,981 --> 00:23:22,484
Average elevation above sea level
of Miami?
383
00:23:22,567 --> 00:23:23,567
Six feet.
384
00:23:24,111 --> 00:23:26,238
When is Miami not gonna be inhabitable?
385
00:23:26,321 --> 00:23:28,073
Uh, you know, decades?
386
00:23:28,156 --> 00:23:30,992
So, there's a bunch of stuff
that's kind of baked-in right now.
387
00:23:37,749 --> 00:23:40,419
The biggest problem is
388
00:23:40,502 --> 00:23:43,547
if you're near the equator
and you work outdoors,
389
00:23:43,630 --> 00:23:46,383
so, particularly farmers in Africa,
390
00:23:46,967 --> 00:23:49,761
this can be horrific for them.
391
00:23:54,641 --> 00:23:58,437
Well, agriculture's, you know,
a pretty basic human activity.
392
00:23:58,520 --> 00:24:02,274
Most of us used to be farmers, uh,
'cause we had to be,
393
00:24:02,357 --> 00:24:07,154
and it is a significant source
of greenhouse gases.
394
00:24:11,616 --> 00:24:14,896
20%, or somewhere around there,
of our emissions are agriculture-related.
395
00:24:14,953 --> 00:24:16,788
Those are really hard to get rid of.
396
00:24:18,039 --> 00:24:20,459
{\an8}Cows burping methane.
397
00:24:20,542 --> 00:24:25,547
{\an8}You know, tilling the soil
can mobilize carbon that was in the soil.
398
00:24:25,630 --> 00:24:28,717
Nitrogen fertilizer is made
with natural gas.
399
00:24:29,342 --> 00:24:30,802
And all the ways that we farm.
400
00:24:30,886 --> 00:24:34,598
When you pull that combine over the field,
that's using a lot of fossil fuels.
401
00:24:34,681 --> 00:24:37,100
So, there's all sorts of ways
in which agriculture
402
00:24:37,184 --> 00:24:38,935
is contributing to climate change.
403
00:24:42,856 --> 00:24:46,359
It takes a lot of energy,
land, water to grow our food.
404
00:24:46,985 --> 00:24:50,105
We have to fertilize the crops. We have
to get the crops to our grocery stores.
405
00:24:51,031 --> 00:24:53,134
And then it goes
from our grocery stores to our homes.
406
00:24:53,158 --> 00:24:57,162
{\an8}And then we have to refrigerate it
in our homes, only to throw out 40% of it.
407
00:24:58,914 --> 00:25:03,043
What a lot of people don't know is
that food waste is a huge methane emitter.
408
00:25:03,126 --> 00:25:05,206
There's a lot of food waste,
especially in landfills.
409
00:25:05,253 --> 00:25:07,047
It gets compressed between other trash,
410
00:25:07,130 --> 00:25:10,634
and that means that it can't decompose
as it would just in the soil or something.
411
00:25:11,551 --> 00:25:14,638
That means that methane
is being released from that food waste.
412
00:25:14,721 --> 00:25:18,308
Methane is a much more potent
greenhouse gas than carbon dioxide,
413
00:25:18,391 --> 00:25:20,644
so it has much more warming potential.
414
00:25:23,146 --> 00:25:26,441
If food waste was a country, it'd be
the third-largest country by emissions.
415
00:25:26,525 --> 00:25:29,277
China, U.S., food waste.
416
00:25:30,529 --> 00:25:32,489
{\an8}But at Mill, we've created a new system
417
00:25:32,572 --> 00:25:35,116
{\an8}that is the easiest way
to get food back to farms.
418
00:25:36,243 --> 00:25:39,204
Now that the enclosure is a lot tighter
and cinched on the device,
419
00:25:39,287 --> 00:25:41,327
{\an8}it actually acts as
a nice little coarsening effect,
420
00:25:41,373 --> 00:25:44,292
{\an8}so that you're, like, able to kind of,
like, keep everything together,
421
00:25:44,376 --> 00:25:46,461
and you don't have
a bunch of parts shifting.
422
00:25:46,545 --> 00:25:48,465
That's something I think
is a user-experience win
423
00:25:48,547 --> 00:25:49,965
if we can solve that.
424
00:25:54,219 --> 00:25:56,939
It feels like a trash bin,
and everyone knows how to use it.
425
00:25:57,556 --> 00:25:59,558
You step on the pedal, and it opens up.
426
00:26:00,350 --> 00:26:02,060
And you scrape your dinner scraps in.
427
00:26:02,561 --> 00:26:04,020
That's really where your job ends.
428
00:26:04,104 --> 00:26:06,356
On the inside
is where all the magic happens.
429
00:26:06,439 --> 00:26:10,735
Overnight and automatically,
we dry and grind all the food you put in.
430
00:26:11,319 --> 00:26:12,529
Food is 80% water.
431
00:26:12,612 --> 00:26:15,448
And what's cool is when you take
the water out, it gets very small.
432
00:26:15,532 --> 00:26:17,284
It becomes pretty much odorless,
433
00:26:17,367 --> 00:26:18,743
but it locks in the nutrients.
434
00:26:20,662 --> 00:26:23,206
After the bin fills up,
which takes weeks,
435
00:26:23,290 --> 00:26:25,142
you leave it on your doorstep,
and we pick it up
436
00:26:25,166 --> 00:26:27,085
to then get it back to our facilities.
437
00:26:27,168 --> 00:26:29,504
You know, think like Uber
but for... for waste.
438
00:26:30,422 --> 00:26:32,841
- Okay. We're opening the box.
- Let's open it up.
439
00:26:34,134 --> 00:26:35,468
Take the bag out.
440
00:26:37,095 --> 00:26:38,775
We load them up into our machine,
441
00:26:38,805 --> 00:26:42,017
which sifts and sorts them
and can pull out any contaminants
442
00:26:42,100 --> 00:26:44,185
like fruit stickers
that sometimes get in there.
443
00:26:44,269 --> 00:26:46,438
It does a heat treatment step
for food safety reasons.
444
00:26:47,897 --> 00:26:49,691
Then we then bag up that material,
445
00:26:49,774 --> 00:26:52,819
and then we send it back to farms
as food for our livestock.
446
00:26:55,113 --> 00:26:57,991
For a poultry farmer,
60% of their emissions
447
00:26:58,074 --> 00:26:59,409
is the feed they buy.
448
00:26:59,492 --> 00:27:01,369
So, if you're growing chickens,
449
00:27:01,453 --> 00:27:04,664
Mill is creating
a carbon-reduced feed ingredient.
450
00:27:05,624 --> 00:27:07,167
It was food we were gonna throw out.
451
00:27:15,592 --> 00:27:17,886
{\an8}What I'm beginning to appreciate
about innovation is
452
00:27:17,969 --> 00:27:20,305
that it's a very hopeful side of things.
453
00:27:20,388 --> 00:27:24,517
But I'm noticing just how much
systemic resistance there is still.
454
00:27:24,601 --> 00:27:28,313
Waiting for people
who have grown up with this
455
00:27:28,396 --> 00:27:31,399
as part of their goals
and as part... part of their moral compass
456
00:27:31,983 --> 00:27:34,778
to be in those positions of power,
457
00:27:34,861 --> 00:27:36,946
I don't see as a feasible way forward.
458
00:27:37,530 --> 00:27:42,202
I don't fully understand people
who are against this issue,
459
00:27:42,285 --> 00:27:44,663
but it's easier to ignore than most.
460
00:27:44,746 --> 00:27:46,706
People do respond to activism.
461
00:27:46,790 --> 00:27:50,043
The status quo is so powerful.
462
00:27:50,126 --> 00:27:51,836
I don't know how to think about
463
00:27:51,920 --> 00:27:56,549
the benefit of keeping climate in mind
as an emergency
464
00:27:56,633 --> 00:27:59,678
versus angering people.
465
00:28:01,846 --> 00:28:03,598
- Whoa!
- Whoa!
466
00:28:03,682 --> 00:28:05,433
{\an8}What is worth more?
467
00:28:05,975 --> 00:28:07,852
{\an8}Art or life?
468
00:28:09,604 --> 00:28:13,566
How hardcore should the activism become,
and who is it aimed at?
469
00:28:14,234 --> 00:28:17,195
You know,
I hope the dialogue between activists
470
00:28:17,278 --> 00:28:22,158
and hands-on people doing the work
stays constructive.
471
00:28:22,242 --> 00:28:24,619
I'm trying
to put my beak on and get it...
472
00:28:25,704 --> 00:28:27,914
We're sounding the alarm
as canaries.
473
00:28:29,290 --> 00:28:32,752
There was a group in the UK
called Extinction Rebellion,
474
00:28:32,836 --> 00:28:35,922
and, you know,
I was driving to go to an appointment,
475
00:28:36,005 --> 00:28:37,382
and they blocked the road.
476
00:28:37,465 --> 00:28:39,050
Extinction!
477
00:28:39,134 --> 00:28:40,552
Rebellion!
478
00:28:41,594 --> 00:28:43,763
You know,
they certainly created awareness.
479
00:28:43,847 --> 00:28:45,557
It is a political world.
480
00:28:45,640 --> 00:28:49,269
The problem is and, sadly,
it's the case for all these things,
481
00:28:49,352 --> 00:28:52,313
if the clean way is super expensive,
482
00:28:52,397 --> 00:28:53,898
then who's gonna pay for that?
483
00:28:56,359 --> 00:29:00,029
{\an8}We can't expect other countries
to get to zero if we don't do it first,
484
00:29:00,113 --> 00:29:01,698
{\an8}but then it goes way beyond that too.
485
00:29:01,781 --> 00:29:06,578
{\an8}It's also that we have a lot more money
than other countries do,
486
00:29:06,661 --> 00:29:11,916
and we cannot expect Brazil,
India, Indonesia,
487
00:29:12,000 --> 00:29:15,754
these major emerging economies
to decarbonize
488
00:29:15,837 --> 00:29:18,923
by spending a lot more money
on clean solutions.
489
00:29:22,343 --> 00:29:26,055
We really actually do need
to make fossil fuels more expensive,
490
00:29:26,139 --> 00:29:29,100
but every time we get
any kind of rise in the price of gas,
491
00:29:29,184 --> 00:29:30,727
it's a huge political crisis.
492
00:29:30,810 --> 00:29:36,524
And the word "tax" is, uh,
an anathema in this country.
493
00:29:36,608 --> 00:29:38,860
You know,
it doesn't even get talked about, really.
494
00:29:41,321 --> 00:29:43,239
You know,
government plays a huge role
495
00:29:43,323 --> 00:29:47,035
because it's their regulations,
their tax incentives
496
00:29:47,118 --> 00:29:52,165
who accelerate these things into the lab,
out of the lab, into the big scale-up.
497
00:29:52,832 --> 00:29:56,628
Eventually, the clean technology
is as cheap or cheaper.
498
00:29:58,254 --> 00:30:02,884
We have a moral obligation,
and we have the economic resources
499
00:30:02,967 --> 00:30:04,803
{\an8}to make those investments
500
00:30:04,886 --> 00:30:07,514
{\an8}that will create
the technological breakthroughs,
501
00:30:07,597 --> 00:30:10,934
{\an8}and then drive them down
the cost-volume curve
502
00:30:11,017 --> 00:30:15,688
so those solutions will be available
to everyone on the planet.
503
00:30:16,898 --> 00:30:19,859
The solar power
and wind power achieved that,
504
00:30:19,943 --> 00:30:23,780
and that's why you see,
even in parts of the country
505
00:30:23,863 --> 00:30:27,617
{\an8}where the legislatures
are not very climate-oriented,
506
00:30:27,700 --> 00:30:29,619
{\an8}you know, for example, in Texas,
507
00:30:29,702 --> 00:30:33,414
{\an8}they're benefiting incredibly
by doing wind and solar.
508
00:30:33,498 --> 00:30:36,167
It's a huge part of their energy mix.
509
00:30:36,751 --> 00:30:39,254
You couldn't have done that
without tax incentives
510
00:30:39,337 --> 00:30:41,548
{\an8}that were put in place for solar and wind.
511
00:30:41,631 --> 00:30:43,341
{\an8}So the policy helped drive that,
512
00:30:43,424 --> 00:30:45,343
{\an8}but you couldn't have
those incentives in place
513
00:30:45,426 --> 00:30:48,096
{\an8}if you didn't have the technology
at a place where it was ready.
514
00:30:48,972 --> 00:30:51,516
There are technologies
on the shelf right now.
515
00:30:51,599 --> 00:30:56,187
We need those to get into communities
today, right now, and move fast.
516
00:31:01,985 --> 00:31:05,822
Flying accounts
for over 3% of all emissions,
517
00:31:06,364 --> 00:31:08,533
but a solution that works today
518
00:31:09,033 --> 00:31:12,328
is to take fuels
that were made from plants
519
00:31:12,912 --> 00:31:15,039
and making what we call biofuels.
520
00:31:16,124 --> 00:31:18,418
Unfortunately, today,
521
00:31:18,501 --> 00:31:24,132
the fuel you make costs over double
what normal aviation fuel costs.
522
00:31:25,425 --> 00:31:29,596
{\an8}You know, as I'm buying that
for my air travel, it creates demand.
523
00:31:29,679 --> 00:31:31,306
And as that volume of demand goes up,
524
00:31:31,389 --> 00:31:34,309
there's new ideas
to get the cost of that fuel
525
00:31:34,392 --> 00:31:37,770
to be very close to the cost
of current jet fuel.
526
00:31:38,897 --> 00:31:43,985
The extra cost of an electric car
is going down over time.
527
00:31:44,068 --> 00:31:47,447
Passenger cars are only 8%
of all emissions,
528
00:31:47,530 --> 00:31:51,784
but if you can get everybody
to buy these new passenger cars,
529
00:31:51,868 --> 00:31:54,871
then you've got 8% solved.
530
00:31:57,707 --> 00:31:59,852
We need hydrogen
to be in a high-density state
531
00:31:59,876 --> 00:32:02,545
so that you can economically deliver it
from where it's produced
532
00:32:02,629 --> 00:32:03,796
to where it's used.
533
00:32:03,880 --> 00:32:07,300
We've got our first-ever vehicle
powered by Verne cryo-compression.
534
00:32:07,383 --> 00:32:10,470
Our beachhead market is
in Class 8 trucking, heavy-duty trucking.
535
00:32:10,553 --> 00:32:14,098
That's because that's where we're getting
the most, uh, commercial interest.
536
00:32:14,182 --> 00:32:17,769
Battery electric trucks today
can go about 250 miles or so,
537
00:32:17,852 --> 00:32:20,480
and a truck with our storage
could go a thousand.
538
00:32:20,563 --> 00:32:23,149
Which is
what diesel trucks can travel today.
539
00:32:23,232 --> 00:32:25,443
Do you have IP involved in this?
540
00:32:25,526 --> 00:32:26,726
There's not a lot of materials
541
00:32:26,778 --> 00:32:29,822
that can do both the cryogenic
and the high pressure,
542
00:32:29,906 --> 00:32:32,992
so the heat exchanger's a creep part.
That's where we have IP.
543
00:32:47,298 --> 00:32:49,258
Well,
we're moving as fast as we can
544
00:32:49,342 --> 00:32:53,096
to get emissions
from all the five categories down to zero,
545
00:32:53,846 --> 00:32:56,140
but before we get there,
546
00:32:56,224 --> 00:32:59,394
we will have released a lot more CO2.
547
00:32:59,978 --> 00:33:02,063
{\an8}Very good to see you.
Thank you again for doing this.
548
00:33:02,146 --> 00:33:03,499
{\an8}- You bet.
- We're thrilled.
549
00:33:03,523 --> 00:33:05,858
{\an8}Yeah, no, it should be fun.
550
00:33:06,567 --> 00:33:10,196
If you actually believe
we need to limit warming to 1.5 Celsius,
551
00:33:10,279 --> 00:33:14,075
then you have to be in favor
of carbon removal technology,
552
00:33:14,158 --> 00:33:16,911
where you suck carbon out of the air,
put it under the ground,
553
00:33:16,995 --> 00:33:21,082
and do that for about ten gigatons a year
for 50 years to 2100.
554
00:33:21,666 --> 00:33:22,500
That's mind-boggling.
555
00:33:22,583 --> 00:33:24,943
Nobody's actually thinking about that
or talking about that.
556
00:33:25,795 --> 00:33:27,839
- There we go. Here we go.
- Gentlemen.
557
00:33:31,509 --> 00:33:34,762
How do you think
about carbon capture and its role?
558
00:33:34,846 --> 00:33:38,766
If in the Breakthrough Energy portfolio,
we have a number of companies
559
00:33:38,850 --> 00:33:42,145
that are trying
to bring the cost of carbon capture down.
560
00:33:42,228 --> 00:33:45,148
Today, I'm the biggest individual customer
in Climeworks,
561
00:33:45,231 --> 00:33:48,693
which does carbon capture
at over 300 dollars a ton.
562
00:33:48,776 --> 00:33:51,154
What does it mean
that you're the single biggest customer?
563
00:33:51,237 --> 00:33:52,756
What does that look like? What kind...
564
00:33:52,780 --> 00:33:54,991
- I write them a check. Uh...
- Yeah?
565
00:33:55,074 --> 00:33:57,754
But... But are you offsetting
your own personal emissions with that?
566
00:33:57,785 --> 00:33:58,619
Yeah.
567
00:34:18,890 --> 00:34:22,101
I'm working for a company
that actually addresses climate change.
568
00:34:22,185 --> 00:34:23,895
{\an8}For me, at the root cause,
569
00:34:23,978 --> 00:34:26,689
{\an8}the CO2 that is already
in the atmosphere, right?
570
00:34:26,773 --> 00:34:28,733
{\an8}That is... That is heating up the planet.
571
00:34:31,360 --> 00:34:35,239
What Climeworks is doing is removing CO2
from the atmosphere.
572
00:34:35,948 --> 00:34:38,743
To filter that out,
it's actually quite challenging
573
00:34:38,826 --> 00:34:42,455
because it's the most diluted source
of CO2 that is available.
574
00:34:44,332 --> 00:34:49,462
We are pulling an enormous amount of air
through a... a filter.
575
00:34:50,463 --> 00:34:52,090
If the air passes this material,
576
00:34:52,173 --> 00:34:56,385
the CO2 molecules react
and stay inside the filter material.
577
00:34:57,261 --> 00:34:58,763
We close it off...
578
00:34:58,846 --> 00:35:00,526
...and we heat that chamber up,
579
00:35:01,224 --> 00:35:03,226
which then reverses the chemical reaction...
580
00:35:06,062 --> 00:35:09,899
and then we suck that CO2 to our plant.
581
00:35:13,027 --> 00:35:17,323
We also... We link ourselves
to only sustainable energy sources,
582
00:35:17,406 --> 00:35:19,408
like geothermal energy here in Iceland.
583
00:35:24,330 --> 00:35:27,792
Overall, the process
is actually not that complex,
584
00:35:27,875 --> 00:35:31,671
but to technologically execute
and do it efficiently
585
00:35:31,754 --> 00:35:33,381
is, of course, a challenge.
586
00:35:36,092 --> 00:35:37,885
They really are removing carbon.
587
00:35:37,969 --> 00:35:41,055
Not only do they pull it out,
but it gets mineralized
588
00:35:41,681 --> 00:35:43,432
in that Iceland plant.
589
00:35:46,644 --> 00:35:49,313
Here, I'm actually sitting
next to an injection well.
590
00:35:49,397 --> 00:35:54,110
{\an8}So, this is one of our injection wells
where we are actually injecting the CO2,
591
00:35:54,193 --> 00:35:59,323
{\an8}and this is actually the world's
first injection well for this process.
592
00:36:01,117 --> 00:36:04,412
So,
we inject water and CO2,
593
00:36:04,495 --> 00:36:08,833
and at a certain depth,
we release the CO2 into the water stream.
594
00:36:08,916 --> 00:36:10,209
And at this depth,
595
00:36:10,293 --> 00:36:14,505
the pressure is high enough
for this SodaStream effect to take place.
596
00:36:16,007 --> 00:36:18,843
We are pushing the CO2 into the water,
597
00:36:18,926 --> 00:36:24,640
and then the CO2 gets carried
into the bedrock, turning CO2 to stone.
598
00:36:26,309 --> 00:36:28,853
This essentially doesn't
require much energy.
599
00:36:28,936 --> 00:36:32,899
We make use of the water
that is already in the ground
600
00:36:32,982 --> 00:36:34,775
to put pressure on the CO2.
601
00:36:41,532 --> 00:36:47,580
{\an8}A four-kiloton plant divided by
the 40 gigatons that we emit in a year,
602
00:36:47,663 --> 00:36:51,000
{\an8}you get to zero point,
and then ten zeros,
603
00:36:51,083 --> 00:36:57,298
{\an8}one percent of the total emission annually
that we are removing at the moment.
604
00:36:58,007 --> 00:37:01,677
That's why it's so essential
that we scale up this technology.
605
00:37:03,471 --> 00:37:06,557
Of course, we want to be
almost like a utility company.
606
00:37:06,641 --> 00:37:09,810
Instead of collecting the garbage
every week from your home,
607
00:37:09,894 --> 00:37:11,604
we are cleaning up the atmosphere.
608
00:37:12,730 --> 00:37:17,568
But direct air capture is not here
to solve current emissions.
609
00:37:17,652 --> 00:37:21,280
It's really here to clean up
the historical emissions
610
00:37:21,364 --> 00:37:22,490
that are already out there.
611
00:37:24,700 --> 00:37:25,785
Right now,
612
00:37:25,868 --> 00:37:30,915
the biggest capture plants in the world
are below 100,000 tons a year.
613
00:37:30,998 --> 00:37:34,502
There are some being built
that are in the millions,
614
00:37:34,585 --> 00:37:37,797
but unless you get it up
into the billions,
615
00:37:37,880 --> 00:37:39,340
it's kind of a rounding error.
616
00:37:39,423 --> 00:37:41,133
It doesn't really have an impact.
617
00:37:43,844 --> 00:37:48,266
It's kind of an insane idea
to take CO2 out of the air
618
00:37:48,349 --> 00:37:51,560
that you've put up there
by generating energy.
619
00:37:51,644 --> 00:37:54,647
You should just generate your energy
in a different way.
620
00:37:54,730 --> 00:37:58,985
The fact that very serious people
are talking about this is, like, you know,
621
00:37:59,068 --> 00:38:02,280
suggests how desperate we are
to keep doing what we're doing
622
00:38:02,363 --> 00:38:06,659
and find some workaround, you know,
that's going to make it all go away.
623
00:38:11,080 --> 00:38:15,126
A lot of these conversations,
they're completely human-centric.
624
00:38:16,419 --> 00:38:18,421
The other species
that we share the planet with
625
00:38:18,504 --> 00:38:21,007
are really victimized by climate change.
626
00:38:24,135 --> 00:38:28,139
Will the ocean become a place
where we can basically dump our carbon?
627
00:38:28,639 --> 00:38:32,977
You know, are forests places we can store
as much carbon as possible?
628
00:38:33,477 --> 00:38:36,105
Can we genetically modify trees?
629
00:38:36,689 --> 00:38:38,875
Well, that's exciting.
There's all this potential there.
630
00:38:38,899 --> 00:38:41,277
And another way
to look at it would be, well,
631
00:38:41,360 --> 00:38:43,696
the tree that's there now
is probably important
632
00:38:43,779 --> 00:38:46,157
to a lot of species that are living in it.
633
00:38:47,658 --> 00:38:49,493
So, there's no free lunch here.
634
00:38:50,286 --> 00:38:51,996
There is no magic bullet.
635
00:38:54,290 --> 00:38:59,086
If that's all done with electrolysis,
we may need as many as 140 factories,
636
00:38:59,170 --> 00:39:01,672
all making the core technology,
the stacks.
637
00:39:02,173 --> 00:39:04,300
Each of them five times the size
638
00:39:04,383 --> 00:39:06,927
of the largest factory
we have in existence today
639
00:39:07,511 --> 00:39:10,097
in order to support
that kind of production.
640
00:39:11,432 --> 00:39:16,103
I... I would say that absolutely the thing
that's come home to me in a very real way
641
00:39:16,187 --> 00:39:18,606
is the challenge of scale in this space,
642
00:39:18,689 --> 00:39:22,276
of how hard it is
to deploy these innovations at scale.
643
00:39:22,360 --> 00:39:24,904
To run into it and understand viscerally
644
00:39:24,987 --> 00:39:28,032
just how hard it is
to build these things out.
645
00:39:28,115 --> 00:39:30,743
We have to go fast
because it's gonna take a long time.
646
00:39:31,827 --> 00:39:37,458
This is gonna be an arduous,
bumpy, dirty, messy journey,
647
00:39:37,541 --> 00:39:40,336
and it's gonna have times
where it's precarious
648
00:39:40,419 --> 00:39:42,630
and looks like
things are gonna go off a cliff.
649
00:39:43,422 --> 00:39:46,425
So I'm already predisposed
to understand this is crazy.
650
00:39:46,509 --> 00:39:48,636
We're going down a crazy path.
651
00:39:52,848 --> 00:39:54,809
I mean, I want to be optimistic.
652
00:39:54,892 --> 00:39:57,269
I don't like being a doomsday prophecist
653
00:39:57,353 --> 00:40:01,524
or... or trying to be contrarian
for the sake of it.
654
00:40:01,607 --> 00:40:04,193
It's more of just looking at
where we're at.
655
00:40:04,276 --> 00:40:07,029
We're literally on a five,
ten-year timeline here
656
00:40:07,113 --> 00:40:08,531
for getting to zero.
657
00:40:08,614 --> 00:40:10,199
I won't say I'm not an optimist.
658
00:40:10,282 --> 00:40:12,242
I think there's a solid chance
we figure this out.
659
00:40:12,284 --> 00:40:16,038
And you've brought up great examples,
but I won't say that I operate from hope.
660
00:40:16,122 --> 00:40:19,917
I think I operate from love of my home,
661
00:40:20,000 --> 00:40:22,670
and the people,
and everyone involved in this,
662
00:40:22,753 --> 00:40:24,547
and a healthy dose of fear.
663
00:40:25,840 --> 00:40:28,342
God, I cry every time
I talk about this.
664
00:40:28,426 --> 00:40:30,928
You know, when I hear your passion,
I think, "Wow,
665
00:40:31,011 --> 00:40:33,556
we are not going
as fast as you want us to."
666
00:40:33,639 --> 00:40:34,974
It's not easy.
667
00:40:35,057 --> 00:40:38,811
This is
the entire physical infrastructure.
668
00:40:39,562 --> 00:40:43,107
The scale of... of building that new way is...
It's gonna take time,
669
00:40:43,190 --> 00:40:47,278
but it pushes me to... to think harder
about how we can move faster.
670
00:40:48,154 --> 00:40:49,155
So, thank you.
671
00:40:49,989 --> 00:40:52,241
So, we've got a lot of work to do,
672
00:40:52,324 --> 00:40:55,202
and the sooner, the better.
59424
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