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Can your nest egg finance the transition to a cleaner economy? Climate One Conversations feature oil companies and environmentalists,

Republicans and Democrats, the exciting and the scary aspects of the climate challenge.

I'm Greg Dalton.

Today's program was produced with the generous support of Bank of the West.

Universities, churches, pension funds, and other organizations with $14 trillion and assets have hopped on the divest-invest bandwagon. But it will take more than that to move the needle in a global economy.

If these emissions keep rising and causing global warming to increase,

that's going to have a knock-on effect on the world economy,

on communities right around the globe.

And that means simply by having a green, clean portfolio

isn't going to help us with this risk unless we actually get the real economy into a green,

clean economy. And while we may hope that our retirement funds can help decarbonize the

economy, not every country has enough energy options

to use divestment as a tool.

I don't hear about it when I'm sitting on a panel in India.

There they ask, please, can we have gas power?

Gas is too expensive for us,

...