the other day I asked my daughter for five
years that I drew a molecule of CO2
the girl did not know whether to laugh game
come daddy and I was clearly thinking
is my father doing asshole the
older that was over there and he smelled the
percale grabbed the tablet and started doing
surreptitiously ‘mutis by the forum’ but
I hooked him and I really feel sorry for him
and I said look at kid a molecule of
co2 no but draw me oil and this is
what I draw and it’s fine because
good part of the co2 that we have put in
the atmosphere in the last 150 years of
where it comes from burning oil and gas
and combustible coal that were formed
millions of years ago from
dead vegetables of plankton and that today
day constitute the fossil reserves that
they supply to a large extent our
energy system
as one of the parents of
The ecological economy in Spain is joan
martínez alier instead of from
photosynthesis that occurs every day
now we live from photosynthesis
bottled of all that gas that coal and
that oil that took millions of years
in training and that we have now
uncorked and liquidated in a revelry
100-year-old industrialist
in order that all the co2 or a large part of the
co2 that we have put up there comes
from there down
up down good others are very
young and maybe you do not get it too
but those of us from the generation of
‘sesame neighborhood’ this we have recorded
fire I invite you to throw yourself into google
‘Sesame neighborhood’ up and down you’ll see
how they explain it phenomenally the case is
that all that CO2 is causing the
planet is hot and today the change
climate is not something only of the future is
something that the organization is already going through
world meteorology tells us that
we have warmed up to more than one degree
above the pre-temperature
industrial and that warming is
having some impacts of which all
those of us here have been able to speak
and ever sea level rise
increase in the frequency and intensity of
weather extremes
melting of the poles
when I talk about the poles I can not
resist teaching this image that to me
I find it absolutely is premonitory
an ad for a US magazine
of the 60’s of one of those companies
that has been dedicated to extract and burn
fossil fuels as if there were not
tomorrow the ad says every day hanbel
provides enough energy as
to melt 7 million tons of
glacier but but pitcher soul but
as you can boast about that good what
they have done so much that
They have gotten
literally
good please when we talk about
climate change do not just think of bears
polar ones that are left without a house
also in people who are left without
home climate change is going to be the
cause number one of migration in the
next years in the future therefore
I ask that in the next minutes
have this image in your head
because climate change is
generating today already pain destruction and
death
and because in addition to riding a bicycle
save energy or consume less there
something very powerful that you can do and that
I am going to tell you today about the
climate change and the relationship with
fossil fuels we know it already makes
decades and for the past 25 years
the governments in the different summits
of the weather have been blah blah blah or
talked about the need to reduce
Co2 emissions and emissions of
co2 the very capricious because they have not
stopped going up the space of
negotiation to say it in some way
so far it has been the atmosphere that
up there
that is not from anyone and that is everyone’s
the time where the responsibilities are
dilute the negotiation space never
it has been the subsoil we have been
facing the problem by the extreme
wrong instead of looking
up towards an intangible co2 that neither
the children know how to draw we had
have to look down where it is
the tangible the oil that has
owners who are listed on the stock exchange and
have achieved an international agreement
to stop extracting it
we also know numerically how much
we have to stop extracting science
tells us that if we want to comply with
climatic goals most of
fossil fuels have to
stay in the subsoil without extracting it
recognized up to the agency itself
international energy
but this they are from ‘Sesame neighborhood’
even for the agency itself
international energy is a subject
Absolutely taboo between governments
you know you have heard about the famous
paris climate agreement not good then
this agreement in your text not even
explicitly mention the terms
fossil fuels like I did not have
nothing to do with climate change to
it’s that it reminds me of gila’s joke
good is what are you going to have to look for in
google also you seem to me in the
that the police inspector pulling
chuscas psychology was approaching little
little covertly the murderer without
look at him I said I see here someone has
killed someone without naming him
specifically waiting for it
will deliver alone as this is a thing a
little like
in order today we know that the change
climatic is not a technical problem is
a mainly social problem
political and economic our system
economic is based eminently on the
fossil fuels more than 85% of the
energy that we consume today comes from
from these sources and it is very difficult
change it is very difficult to change it
because the coal gas and
the oil that destroys so much
climatic has generated they have a lot of power
in the market
ok if it is that the market I imagine
still this colorful site with the
fruits the vegetables the fish site
pleasant to the service of the life of the
people do not I do not think about the market in
the markets
is that today the market has been made
very big and has practically gotten
in all the plots of life up
the point that we can say that some
form has been turned around
situation and today are the lives of
people who are at the service of
market
as the American philosopher says
michael sandel
there are things that money can not buy
but unfortunately today they are not
many without money there is no power
and that offers us the opportunity to give
the return to the tortilla I explain the
extraction operations
fossil fuels are very expensive
they require a lot of money and the
companies go to the funds of
investment to the banks so that it is
lend without that money can not extract
fossil fuels power in English
means power without money there is no power
but it also means energy so
both without money there is no oil and
here is the challenge that I propose today
that we stick where it hurts in your pocket
if we manage to cut the economic tap to
the fossil fuel companies
we will be attacking the root problem
we can stop the extraction of these
fuels and this have not been
I dared to do so far
governments is trying to do the
people some people through a
campaign in favor of fossil disinvestment
in which all the people you are
Here you can participate in what it consists of
this is good when we carry our
our savings to the bank so that we
keep it that makes the money it makes
the bank with that money then
as we have seen in those projects
harmful oil extraction gas and
coal but not only our money
also that of a whole series of
institutions that carry your money or
invest in mutual funds and I speak
of for example foundations churches
municipalities insurance companies
all these people take that money there the
bank does the same divestment
fossil is to remove all that
money from those harmful projects and
investing them in sustainable projects
example renewable energies today
banks invest 9 times more than
money in fossil fuels that in
renewable energies if we convince
all those institutions that withdraw
your money from those harmful projects and what
put the service from the
decarbonization of the economy
we will be reversing this trend
and I wanted to finish
what happens is not so easy and that
horny today I do not know how deluded this is
that this is going well because it is true
this may seem naive
it may seem crazy
It may seem idealistic
but perhaps not what is perhaps not what it has
there have been other divestment campaigns
successfully in the past for example in
the 80s there was a campaign
very important international for
press universities to make
they would take their money from companies that did
business with south africa as a protest
as a protest, sorry for your regime of
racial segregation apartheid the
campaign had the courage to put in the
social point of view to the regime and to
end of the decade there were already more than 150
institutions that had divested of
south africa 150 good then now I’m going to
give good news these are the
figures from the disinvestment campaign
fossil today more than 800
institutions more than 53 thousand investors
individuals who have made promises of
divestment for the next five
year contract worth more than six trillion
with b dollars is the most campaign
dizzying history began
about five years in 2012 at the campuses of
some American universities like
columbia harvard where the students
they organized to press the
institution and ask him to cut his
clock
economic with companies like pee 8
mobile and in 5 years look at everything that has
achieved at a given moment the campaign
it went viral but the jump out of
us and began to affect other
universities in europe elsewhere
old oxford sydney and it was not just the
universities but also cities
those who started withdrawing their money from
these backgrounds cities like kansas city
oakland copenhagen berlin paris very
recently new york care we are
talking about cities with a budget
very important and there is even a country
Ireland that has passed a law
recently to become the
first country to divest
until now the financial world was coming
observing this campaign I was going to say with
disinterest but good to honor
the truth what you have to say is that it
they came breaking the box of this campaign
that both bullshit of ngos however
lately they are starting to
choke the laughter and why do I say this
because it is taking a new leap
qualitative in the process so that
the divestment is beginning to affect
and impregnate other elements of the
market and I talk about insurers I talk about
Pension funds
I speak of some companies and even of
some banks for example in 2017 we have
attended to hopeful announcements the
third insurance company more
important world has promised that
It disinvest 3100 million dollars
fossil fuels one of the 25
most important investment banks in
world has already said that it withdraws from
Fracking gas and carbon
most polluting oils even the
social pressure has achieved that the own
World Bank make a promise without
precedents and is that from 2019
will stop financing exploration and
extraction of how
fossils this ad has small print
but what is important to highlight the
symbolic value that something is
Changing
let’s not fool ourselves these
institutions do not do those ads
because they have conscience not
they do it because they are increasingly
aware of the impact that the change
climatic has about its business but
we have to import the
impact that their businesses have on the
climate because it is everyone’s climate that
is at stake every year that we delay
the measures in favor of
decarbonization of the economy every month
where we take to start up the
true energy transition that
will have its cost on faces with names and
last names that may have to
leave your house we can not go so
we can not wait for there are lives
at stake and all the people that you are
here you can be agents of that change
here is everything to do if we make a
search of disinvestment campaigns
underway in our country this is the
sad result how many universities
Spanish you have heard me mention
good banks me how many cities
I ask
but here is everything to do so
I ask that we get down to work
there is a lot that we can do to
individual can move us
bank we go to ethical banking or to a
ethical insurance company or start
consume green electricity because it is not
truth there are not many options but
some options there are but beyond
that we can generate the debate any
of the people that are here you can
start a campaign in favor of
divestment we put together two or three ago
petitions to your town hall to
your university
asked meetings expose them publicly
find out where they have the money and if you
they say they do not know where they have the
money then they find out clear that
they can do it they just need to feel the
pressure our pressure thank you very much
[Applause]
years that I drew a molecule of CO2
the girl did not know whether to laugh game
come daddy and I was clearly thinking
is my father doing asshole the
older that was over there and he smelled the
percale grabbed the tablet and started doing
surreptitiously ‘mutis by the forum’ but
I hooked him and I really feel sorry for him
and I said look at kid a molecule of
co2 no but draw me oil and this is
what I draw and it’s fine because
good part of the co2 that we have put in
the atmosphere in the last 150 years of
where it comes from burning oil and gas
and combustible coal that were formed
millions of years ago from
dead vegetables of plankton and that today
day constitute the fossil reserves that
they supply to a large extent our
energy system
as one of the parents of
The ecological economy in Spain is joan
martínez alier instead of from
photosynthesis that occurs every day
now we live from photosynthesis
bottled of all that gas that coal and
that oil that took millions of years
in training and that we have now
uncorked and liquidated in a revelry
100-year-old industrialist
in order that all the co2 or a large part of the
co2 that we have put up there comes
from there down
up down good others are very
young and maybe you do not get it too
but those of us from the generation of
‘sesame neighborhood’ this we have recorded
fire I invite you to throw yourself into google
‘Sesame neighborhood’ up and down you’ll see
how they explain it phenomenally the case is
that all that CO2 is causing the
planet is hot and today the change
climate is not something only of the future is
something that the organization is already going through
world meteorology tells us that
we have warmed up to more than one degree
above the pre-temperature
industrial and that warming is
having some impacts of which all
those of us here have been able to speak
and ever sea level rise
increase in the frequency and intensity of
weather extremes
melting of the poles
when I talk about the poles I can not
resist teaching this image that to me
I find it absolutely is premonitory
an ad for a US magazine
of the 60’s of one of those companies
that has been dedicated to extract and burn
fossil fuels as if there were not
tomorrow the ad says every day hanbel
provides enough energy as
to melt 7 million tons of
glacier but but pitcher soul but
as you can boast about that good what
they have done so much that
They have gotten
literally
good please when we talk about
climate change do not just think of bears
polar ones that are left without a house
also in people who are left without
home climate change is going to be the
cause number one of migration in the
next years in the future therefore
I ask that in the next minutes
have this image in your head
because climate change is
generating today already pain destruction and
death
and because in addition to riding a bicycle
save energy or consume less there
something very powerful that you can do and that
I am going to tell you today about the
climate change and the relationship with
fossil fuels we know it already makes
decades and for the past 25 years
the governments in the different summits
of the weather have been blah blah blah or
talked about the need to reduce
Co2 emissions and emissions of
co2 the very capricious because they have not
stopped going up the space of
negotiation to say it in some way
so far it has been the atmosphere that
up there
that is not from anyone and that is everyone’s
the time where the responsibilities are
dilute the negotiation space never
it has been the subsoil we have been
facing the problem by the extreme
wrong instead of looking
up towards an intangible co2 that neither
the children know how to draw we had
have to look down where it is
the tangible the oil that has
owners who are listed on the stock exchange and
have achieved an international agreement
to stop extracting it
we also know numerically how much
we have to stop extracting science
tells us that if we want to comply with
climatic goals most of
fossil fuels have to
stay in the subsoil without extracting it
recognized up to the agency itself
international energy
but this they are from ‘Sesame neighborhood’
even for the agency itself
international energy is a subject
Absolutely taboo between governments
you know you have heard about the famous
paris climate agreement not good then
this agreement in your text not even
explicitly mention the terms
fossil fuels like I did not have
nothing to do with climate change to
it’s that it reminds me of gila’s joke
good is what are you going to have to look for in
google also you seem to me in the
that the police inspector pulling
chuscas psychology was approaching little
little covertly the murderer without
look at him I said I see here someone has
killed someone without naming him
specifically waiting for it
will deliver alone as this is a thing a
little like
in order today we know that the change
climatic is not a technical problem is
a mainly social problem
political and economic our system
economic is based eminently on the
fossil fuels more than 85% of the
energy that we consume today comes from
from these sources and it is very difficult
change it is very difficult to change it
because the coal gas and
the oil that destroys so much
climatic has generated they have a lot of power
in the market
ok if it is that the market I imagine
still this colorful site with the
fruits the vegetables the fish site
pleasant to the service of the life of the
people do not I do not think about the market in
the markets
is that today the market has been made
very big and has practically gotten
in all the plots of life up
the point that we can say that some
form has been turned around
situation and today are the lives of
people who are at the service of
market
as the American philosopher says
michael sandel
there are things that money can not buy
but unfortunately today they are not
many without money there is no power
and that offers us the opportunity to give
the return to the tortilla I explain the
extraction operations
fossil fuels are very expensive
they require a lot of money and the
companies go to the funds of
investment to the banks so that it is
lend without that money can not extract
fossil fuels power in English
means power without money there is no power
but it also means energy so
both without money there is no oil and
here is the challenge that I propose today
that we stick where it hurts in your pocket
if we manage to cut the economic tap to
the fossil fuel companies
we will be attacking the root problem
we can stop the extraction of these
fuels and this have not been
I dared to do so far
governments is trying to do the
people some people through a
campaign in favor of fossil disinvestment
in which all the people you are
Here you can participate in what it consists of
this is good when we carry our
our savings to the bank so that we
keep it that makes the money it makes
the bank with that money then
as we have seen in those projects
harmful oil extraction gas and
coal but not only our money
also that of a whole series of
institutions that carry your money or
invest in mutual funds and I speak
of for example foundations churches
municipalities insurance companies
all these people take that money there the
bank does the same divestment
fossil is to remove all that
money from those harmful projects and
investing them in sustainable projects
example renewable energies today
banks invest 9 times more than
money in fossil fuels that in
renewable energies if we convince
all those institutions that withdraw
your money from those harmful projects and what
put the service from the
decarbonization of the economy
we will be reversing this trend
and I wanted to finish
what happens is not so easy and that
horny today I do not know how deluded this is
that this is going well because it is true
this may seem naive
it may seem crazy
It may seem idealistic
but perhaps not what is perhaps not what it has
there have been other divestment campaigns
successfully in the past for example in
the 80s there was a campaign
very important international for
press universities to make
they would take their money from companies that did
business with south africa as a protest
as a protest, sorry for your regime of
racial segregation apartheid the
campaign had the courage to put in the
social point of view to the regime and to
end of the decade there were already more than 150
institutions that had divested of
south africa 150 good then now I’m going to
give good news these are the
figures from the disinvestment campaign
fossil today more than 800
institutions more than 53 thousand investors
individuals who have made promises of
divestment for the next five
year contract worth more than six trillion
with b dollars is the most campaign
dizzying history began
about five years in 2012 at the campuses of
some American universities like
columbia harvard where the students
they organized to press the
institution and ask him to cut his
clock
economic with companies like pee 8
mobile and in 5 years look at everything that has
achieved at a given moment the campaign
it went viral but the jump out of
us and began to affect other
universities in europe elsewhere
old oxford sydney and it was not just the
universities but also cities
those who started withdrawing their money from
these backgrounds cities like kansas city
oakland copenhagen berlin paris very
recently new york care we are
talking about cities with a budget
very important and there is even a country
Ireland that has passed a law
recently to become the
first country to divest
until now the financial world was coming
observing this campaign I was going to say with
disinterest but good to honor
the truth what you have to say is that it
they came breaking the box of this campaign
that both bullshit of ngos however
lately they are starting to
choke the laughter and why do I say this
because it is taking a new leap
qualitative in the process so that
the divestment is beginning to affect
and impregnate other elements of the
market and I talk about insurers I talk about
Pension funds
I speak of some companies and even of
some banks for example in 2017 we have
attended to hopeful announcements the
third insurance company more
important world has promised that
It disinvest 3100 million dollars
fossil fuels one of the 25
most important investment banks in
world has already said that it withdraws from
Fracking gas and carbon
most polluting oils even the
social pressure has achieved that the own
World Bank make a promise without
precedents and is that from 2019
will stop financing exploration and
extraction of how
fossils this ad has small print
but what is important to highlight the
symbolic value that something is
Changing
let’s not fool ourselves these
institutions do not do those ads
because they have conscience not
they do it because they are increasingly
aware of the impact that the change
climatic has about its business but
we have to import the
impact that their businesses have on the
climate because it is everyone’s climate that
is at stake every year that we delay
the measures in favor of
decarbonization of the economy every month
where we take to start up the
true energy transition that
will have its cost on faces with names and
last names that may have to
leave your house we can not go so
we can not wait for there are lives
at stake and all the people that you are
here you can be agents of that change
here is everything to do if we make a
search of disinvestment campaigns
underway in our country this is the
sad result how many universities
Spanish you have heard me mention
good banks me how many cities
I ask
but here is everything to do so
I ask that we get down to work
there is a lot that we can do to
individual can move us
bank we go to ethical banking or to a
ethical insurance company or start
consume green electricity because it is not
truth there are not many options but
some options there are but beyond
that we can generate the debate any
of the people that are here you can
start a campaign in favor of
divestment we put together two or three ago
petitions to your town hall to
your university
asked meetings expose them publicly
find out where they have the money and if you
they say they do not know where they have the
money then they find out clear that
they can do it they just need to feel the
pressure our pressure thank you very much
[Applause]
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