TED: To save the climate, we have to reimagine capitalism | Rebecca Henderson

The video discusses the impact of climate change on trees and human life, highlighting capitalism's role in exacerbating environmental issues. It explores the hidden costs of fossil fuels and proposes that businesses should lead the charge in addressing climate change. A case study of Norsk Jenn Vinning illustrates how ethical business practices can drive change. The video concludes with four pillars of change: setting the right price, persuading competitors, ensuring investor support, and pushing for policy changes.

What is one of the main reasons the narrator believes climate change has worsened?

• Lack of technological advancement

• Overpopulation

• Insufficient government policies

• Capitalism morphing into something monstrous

Why are the prices of coal-fired electricity considered misleading?

• They are higher than renewable energy sources.

• They fluctuate too frequently.

• They do not account for the environmental and health damages caused.

• They are regulated by the government.

What example does the narrator use to illustrate the hidden costs of fossil fuels?

• Solar power

• Nuclear energy

• Coal-fired electricity

• Natural gas production

What challenge did Eric Osmundson face when trying to run a clean garbage company?

• Insufficient funding

• Government opposition

• Lack of customer interest

• Corruption in the industry

How did Eric Osmundson's approach to handling trash impact his business?

• It resulted in widespread industry support.

• It was ignored by competitors.

• It led to a decrease in profits.

• It attracted threats but eventually gained support.

What is one of the four pillars of change mentioned by the narrator?

• Avoid collaboration with competitors

• Focus solely on short-term profits

• Build a business that can set the right price and still be profitable

• Increase government subsidies for fossil fuels

What is the narrator's ultimate goal for capitalism in relation to climate change?

• To abandon capitalism entirely

• To increase profits at any cost

• To ensure markets are truly fair and free

• To rely solely on government intervention