a trigger warning i'm a lifelong so i speak in numbers a lot. i think they matter. as we look at the broad sweep of human history when thing that didn't vary very much as life expectancy from birth. it's been about 30 years and as good as we can construct throughout human history before the invention of agriculture throughout the ups and downs

when there is episodic but where outbreaks of peace or success in agricultural productivity and then things change a lot in the last couple of centuries. human life expectancy has gone from around 30 years to a verse 72 years today. also throughout human history 90% of humanity live on less than $2 a day in today's dollars. people were smaller. there was some degree of starvation than we had more than doubling of human life expectancy and said that living in dire poverty eight or 9% still vastly too much so what drove that? the two biggest drivers the two biggest enablers of this change was the growth of bottom-up social organizations, liberty and humans could develop prosperity increase soil and the

beauty of all times but that bottom-up social organization didn't hit the economic sector until the middle of the 1800's for the registration act of united kingdom corp. lost united states were wicked shipped for mercantilism to bottom-up economic organization and the other factor was higher carbon this massive increase in available energy. these two things transform human society to an unrecognizable state today and now we have a movement and i run a public company. in the movement in the big picture it's reversing both of those top-down dictates about what values and what you should check an explicit war against hydrocarbons. based on a mainstream climate narrative that goes something like this, there's an ever-growing climate crisis sweeping the world wreaking destruction in its wake

particularly harming low-income people around the world and therefore all the countries must unite in a battle to drive the fastest possible energy transition to cleaner greener fuel and denying retrograde getting in the way and we will be there soon. this is the narrative but the one problem with the narrative is it simply not true. and let me hit if you've those things. first of all the energy transition. the protocols were 1992, 30 years ago i lost it -- launch the energy transition mode might to battle climate crisis. we went from 80% hydrocarbons in 1992 and plummeted to 83% today. 30 years, trillions of dollars of subsidies countless government mandates and we moved up four percentage points and all of that is the low-hanging

in the electricity sector and in wealthy nations. even as small anchorman to movement dropped the price of electricity in direct proportion to the amount of adopting lower energy energy sources and driven up the price of electricity driven on the reliability of the electricity grid. they are 10 times as many blackouts today as there was 20 years ago in the united states. a huge transition and it's not gone well and it's not black of effort. if the energy is hard. i would specifically work on fusion energy but i worked in solar energy graduate school and geothermal energy for years after that and i am again today. i don't care where energy comes from its assessed to be affordable reliable and help lift you have a poverty. that's what should matter. it isn't going well but what about climate climate change? maybe that's just the price we

got to pay. you look at the date of the biggest gerrit today is extreme weather. 23% of kids report having nightmares about climate change. 20%. does anybody know last year was the lowest recorded hurricane around the globe ever? 42 years of data and in the climate change report there's no meaningful trend in hurricanes tornadoes floods droughts. tornadoes we don't know why you're going down. a slightly warmer world is a slightly wetter world but you never hear this stuff. politicians the media in our schools and in the corporate movement this is a crisis. the icc see opened in economic analysis. a yale professor won the nobel prize on climate economics. you probably have never heard a summary of his work either.

we went from a 50% increase in atmospheric co2 unit the current rate of warming we will warm another degree tread into surgery. there's a wide range of economic analysis and who knows what the world will be like in 80 years but the range of projection of the impacts from this continued warming range between 0.2% and 2% reduction in per the income three generations from now. so we are going to lose as few months may be a year of economic growth in the next 80 years. is that a crisis today? is that justification for all sorts of government policy change is? now look to. up to that what i call the true energy crisis today also stuff you don't hear about much a third of humanity, 2.5 billion

people cook their daily meals burning wood done in agricultural waste inside of their homes and huts. i've been to many these places around the world to the world health organization estimates around 3 million people are killed every year but that's the death rate for covid for the last two years for which we shut down the world. these are low-income poor people. they are not politically popular and no one knows of them. this is a crisis. there several million more preventable deaths from malnutrition and lack of access to clean water. women in traditional society an hour a day go gathering fuel wood and another hour day gathering water. both of these problems are transformed immediately with the arrival of propane cookstoves and an liquid petroleum gas canister. incredibly easy problem to

address. we are partnering in to spread this. 2.5 billion people don't have that. you had to weigh that against potentially the one or 2% reduction in global income three generations from now which by the same economic model everyone is through four times richer than they are today. climate change is real and there is data behind it. calling it a crisis and a justification to make energy mark spencer them less reliable is simply dishonest. look what's happening in europe today. wealthy sweden has subsidies to help people pay their heating bills but to her lizer factors in the united kingdom were shut down for the government had to intervene rapidly to put one of them back on because that's the source of industrial co2 and you can't carbonate the -- that this was the start of a real crisis.

to briefly be carbonized. energy poverty is not just in poor countries. 10% of americans have received a disconnection notice on their utilities in the last year and a larger% report keeping their homes at unsafe temperatures not cooling them enough in the summer heating them enough in the winter. tens of thousands of people. in this country low income elderly people die by not keeping their homes at safe temperatures. climate change should be based on data facts and. off against other things but it's not at all. it's the driving force that justifies control and not about bettering human lives. my response to this was to write a different corporate report were relay out the stuff in more detail called bettering human

lives. this is what companies should be focused on. [applause]

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