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Make Me Smart

The climate crisis vs. the energy crisis

Make Me Smart

Marketplace

Business, News

4.65.4K Ratings

🗓️ 28 October 2022

⏱️ 12 minutes

🧾️ Download transcript

Summary

The International Energy Agency says we’re experiencing the first global energy crisis. But the United Nations says we’re also falling way short of meeting our climate goals and need to do more to reduce our demand for fossil fuels. We’ll talk about a pair of reports and what they mean for the clean energy economy. Plus, will Twitter become a free-for-all hellscape? And guest host Andy Uhler and Kai make a bet.

Here’s everything we talked about today:

Join us tomorrow for Economics on Tap. The YouTube livestream starts at 3:30 p.m. Pacific/6:30 Eastern. We’ll have news, drinks, a game and more.

Transcript

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0:00.0

Who's in charge? Charlottes and if you're in charge, do something about this, would you?

0:03.0

Alright.

0:05.0

I'm gonna do something about that.

0:09.0

That's right. Hey everybody, I'm Kyle Ruzza. Welcome back to Make Me Smart, where we make

0:13.8

today makes sense. Hey, I'm Andy Ulearn for Kimberly Adams. Thank you so much for joining

0:19.3

us on this Thursday. Alright, so here's what we're gonna do on a Thursday. We're gonna do

0:24.2

the same thing we always do, which is a little bit of news. And then we'll do some

0:28.6

Make Me Smiles. Mine is, as you will hear, it's more like do a spit-take than a Make Me

0:33.0

Smile, but whatever. And then we will let you all get on about your day. So you get to

0:38.4

go first, Mr. Ulearn. Alright, alright, fair enough. So we get these two reports out today,

0:43.6

one from the UN talking about emissions and just how bad we're doing basically on curbing

0:51.5

them. And then we get the, we get another report from the International Energy Agency about

0:59.0

the global energy crisis. Right? And so my brain is breaking, basically trying to figure

1:05.5

out, okay. So what the IA is saying is we don't have enough energy and we're not producing

1:11.0

enough of it. And what we need to do is produce all that we can. What the UN is telling us

1:18.4

is if you keep using fossil fuels like you're doing, you're not going to meet your targets.

1:24.8

What other we do, man? Like, right? Yeah, I don't know. I don't know. I don't know.

1:33.3

So anyway, we're in a, what they're calling the first global energy crisis, it's inflation,

1:40.8

it's sort of creating bad things for all countries. I think we in the United States are a

1:46.4

little bit protected right now, but when winter comes and winter is coming, it's going

1:52.7

to be, it's going to get real, right? Yeah. Oh, yeah, for sure. Look, I will tell you,

1:57.2

that is the reason we're getting rid of, I know there's going to come as a shock to people

...

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