Why Capitalism and Climate Change are Not Enemies

Adair Turner discusses the urgent need to address climate change by reducing emissions to zero by mid-century. He emphasizes the role of technological solutions and the potential of capitalism, regulated and taxed, to achieve these goals. Turner argues against rejecting capitalism, advocating instead for strong policies to guide it towards sustainable practices. He highlights the importance of lifestyle changes but acknowledges their limitations, especially in developing countries. The talk concludes with a call to embrace innovation within a regulated capitalist framework to prevent climate catastrophe.

What challenges does the speaker identify regarding lifestyle changes in rural areas?

What does the speaker suggest about the potential for clean energy technology?

How does the speaker propose to use hydrogen in the context of decarbonization?

What does the speaker believe about the relationship between capitalism and climate change?