Now, you sew ask, John, what has this got to go with green and with climate crisis? Well, I'll tell you - a lot. We've now formed a company gọi Amyris, and this technology they're using can mà be used to make better biofuels. Do not let me skip over that. Better biofuels are a really big deal. That means again precisely engineer the molecules WE CAN in the fuel chain and optimize added along the way. So, if all goes well, they're going to have designer bugs print warm eating and digesting vats được sugars to excrete better biofuels. I guess that's better living through bugs. Alan Kay is famous for the best way to predict Saying the future is to invent it. And, of course, at Kleiner chúng, kind of, apologize and say the second best way is to finance it. And that's why 200 million dollars we're Investing in a wide range of really disruptive new technologies for green printing technologies and innovation. And we're Encouraging others to do it as well. We're talking a lot about this.
11:54
In 2005, 600 million dollars there Were Invested in new technologies of the sort you see here. It doubled in 2006 to 1.2 Billion dollars printed. But I'm really afraid We need much, much more. For reference, fact one: Exxon's revenues in 2005 printed a Billion dollars a day là. Do you know, chúng 0.2 percent of revenues Invested only print R & D? Second fact: the President's new budget for renewable energy is barely a Billion dollars in total. Less than one day of Exxon's revenues. Third fact: I bet you did not know there's enough energy mà hot rocks under the country printed to supply America's energy needs for the next thousand years. And the federal budget calls for a measly 20 million dollars of R & D print geothermal energy. It is almost criminal That We Are not Investing more in this country printing energy research. And I am really afraid it's absolutely not enough mà.
12:56
So, in a year's worth of learning found a bunch of surprises chúng. Who would have thought mà a mass retailer could make money by going green? Who would have thought a database entrepreneur could transform mà California with legislation? Who would have thought ethanol biofuel rằng miracle would come from a Developing Country in South America? And who would have thought mà cure malaria scientists of thử could come up with print Breakthroughs biofuels? And who would have thought mà all that is not enough? Not enough to stabilize the climate. Not enough to keep the ice from Greenland print Into the ocean crashing. The scientists of tell us - and they're only guessing - mà We've got to Reduce greenhouse gas emissions by one half, and do it as fast as possible The. Now, We unfortunately have the will to do this Political in the US, but I've got to tell you, We've got only one atmosphere, and so somehow we're going to have to find the will to do this all Political around the world. The wild card in this deck is China.
13:55
To size the problem, China's CO2 emissions today are 3.3 gigatons; the US is 5.8. Business as usual means again we'll have 23 gigatons from China by 2050. That's about as much CO2 as there is in the whole world. And if it's business as usual, we're going out of business. When I was printing Davos, China's Mayor of Dalian was pressed about có CO2 strategy, and he said on the drop, "You know, Americans use seven times the CO2 per capita as Chinese." Then he Asked, "Why shouldnt sacrifice our China Growth compared rằng West can continue to be profligate and stupid?" Does anybody here have an answer for him? I do not. We've got to make this Economic vì all people and all nations make the right outcome, the Profitable outcome, and therefore the Likely outcome. Energy's a six-trillion-dollar business worldwide. It is the mother of all Markets. You remember mà Internet?
14:55
Well, I'll tell you what. Green technologies - going green - is bigger coal the Internet. It could be the biggest opportunity of the 21st century Economic. Moreover, if chúng succeed, it's going to be The Most Important transformation for life on the planet since, as Bill Joy says, We Went from methane to oxygen in the atmosphere. Now, here's the hard question, if the trajectory of all the world's companies and the Individuals and policies and innovation is not going to be enough, what are We going to do? I do not know. Everyone here cares about the world and has made thay a difference one way or another actual print.
15:37
So, our call to action - my call to you - is for you to make going green your next big thing, ngôn gig . What can you do? You can get carbon neutral Personally. Go to ClimateCrisis.org or buy carbon credits and CarbonCalculator.com. You could join other print Leaders mandating, lobbying for mandated cap and trade in US greenhouse gas reductions. There's six bills right now printed Congress. Let's get one of Them passed.
16:13
And The Most Important thing you can do, I think, is to Use Your power and Your personal Rolodex to lead Your Business, Your institution, going green print. Do it like Wal-Mart, get it to go green for its Customers and its suppliers and for Itself. Really think outside the box. Can you imagine what it would be like if Amazon or eBay or Google or Microsoft or Apple really Went Green and you caused loud happen? It could be bigger coal Wal-Mart. I can not wait to see what we TEDsters by about this crisis. And I really, really hope all of our mà chúng multiply energy, all of our talent and all of our Influence to solve this problem. Because If We do, I can look forward to the conversation I'm going to have with my daughter 20 years print. (Applause)
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