In order to incentivize young people to shift their focus towards energy innovation, there needs to be a significant amount of funding and a clear future in the field. The United States' budget for research and development in areas like healthcare greatly exceeds their spending on energy innovation.
Bjorn Lomborg suggests spending a small amount of $35 billion to make the world significantly better, alongside whatever other budgetary allocations are already in place. This could be helpful in removing the end-of-the-world view and encouraging people to incorporate smaller changes into their lives for a better future.
This episode discusses the impact of missing the top trading days in the stock market. Even missing just a handful of days could result in a significant decrease in returns over a 20 year period.
The current business model of engagement on social media encourages the spread of salacious, outrageous, and extreme content ultimately detrimental to our democracy, and thus we need to transition toward the use of renewable resources to foster diverse and rich information to fuel democracy.
The AMC initiative aims to de-risk R&D investment and capital expenditures needed to scale carbon removal and grow that industry, but we also need to build the world's capacity to pull 10 gigatons of carbon dioxide out of the sky every year by 2050 through collaboration and leveraging the power of capital.