Russia's war shows need for West to embrace renewable energy, says Mark Carney

The video discusses the current climate challenges, highlighting the rise in global temperatures and the commitments made in Glasgow to limit warming. It critiques the current energy system as unreliable and unsustainable, emphasizing the need for a transition to clean energy. The urgency of climate action is stressed, noting that emissions must be reduced to avoid radical future measures. The role of finance as a catalyst in the energy transition is explored, with a call for comprehensive responses to the energy crisis.

What is the current gap between government commitments and actual policies regarding global warming?

• Commitments aim for 1.8 degrees, but policies align with 2.7 degrees.

• Commitments aim for 2.7 degrees, but policies align with 1.8 degrees.

• Commitments and policies both aim for 1.8 degrees.

• Commitments and policies both aim for 2.7 degrees.

What are the main issues with the current global energy system?

• It is unreliable, unaffordable, and unsustainable.

• It is efficient, accessible, and sustainable.

• It is reliable, affordable, and sustainable.

• It is reliable, affordable, and unsustainable.

What percentage of global emissions are now covered by net zero targets?

• Less than 1/3

• Just under 90%

• Exactly 50%

• Over 90%

What was a significant outcome of the Glasgow Climate Pact?

• Countries agreed to reduce renewable energy usage.

• Countries agreed to increase fossil fuel subsidies.

• Countries agreed to stop all deforestation.

• Countries agreed to phase down unabated coal.

Why is there no energy security without sustainability?

• Because fossil fuels are abundant and reliable.

• Because fossil fuels are the only reliable energy source.

• Because clean energy systems are more affordable and resilient.

• Because renewable energy is expensive and inefficient.

What role does finance play in the transition to net zero?

• Finance hinders the transition to net zero.

• Finance is the sole driver of the transition.

• Finance is an enabler and catalyst for change.

• Finance has no role in the transition.

What must the world do in response to the energy crisis?

• Wait for the crisis to resolve itself.

• Focus solely on fossil fuel development.

• Prompt a comprehensive response and revolutionize the energy system.

• Ignore the crisis and continue as usual.