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Green is the New Black If Bill Gates gave you $100 Billion to solve climate change, how would you spend it?

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Page 1: Green is the New Black - University of Exeter · Green is the New Black If Bill Gates gave you $100 Billion to solve climate change, how would you spend it?

Green is the New BlackIf Bill Gates gave you $100 Billion to solve climate change, how would

you spend it?

Page 2: Green is the New Black - University of Exeter · Green is the New Black If Bill Gates gave you $100 Billion to solve climate change, how would you spend it?

Introduction

Page 3: Green is the New Black - University of Exeter · Green is the New Black If Bill Gates gave you $100 Billion to solve climate change, how would you spend it?

IntroductionBudget Distribution Global Greenhouse Gas Emissions by Economic

Sector

Page 4: Green is the New Black - University of Exeter · Green is the New Black If Bill Gates gave you $100 Billion to solve climate change, how would you spend it?

10 billion for ethical investments

Ethical Investments

10 billion for Ethical Investments

5 billion to invest in several large international companies

Tesla Developing wall batteries to store solar

power

Rolls Royce Developing mini reactors to power homes through nuclear

fission

5 billion to invest in many smaller start ups

Bluefield Solar Income Invest in a range of small solar power

companies

Pattern energy group US based company providing utilities

through wind power

Victron Energy group Provide solar panels to developing countries on a “pay as you go”

energy system.

Covanta Cleanly turn waste into energy

$10 billion invested ethically with expected returns of $30 billion

Page 5: Green is the New Black - University of Exeter · Green is the New Black If Bill Gates gave you $100 Billion to solve climate change, how would you spend it?

$2 billion project with 30 million for brand recognition

and the rest for subsidies

Carbon Consumers

• Companies will pay a license fee to be able to put the carbon

consumers footprint on their products, if they meet the minimum

standards.• Companies are rated by 'ET carbon

rankings' a company rating companies' carbon footprints for

free.• Based off the Fair trade business

model, carbon consumers will be self-sufficient within fifteen years: well within our twenty year range.

Page 6: Green is the New Black - University of Exeter · Green is the New Black If Bill Gates gave you $100 Billion to solve climate change, how would you spend it?

Renewable Energy

• In order to help resolve these issues we have decided to invest $30 billion to solar and $20 billion to wind energy.

• Investment in solar energy will go to companies like Tesla, JinkoSolar, Energise Africa, and etc.

• Investment in wind energy will go to companies like Vestas and Pattern Energy Group Inc.

Page 7: Green is the New Black - University of Exeter · Green is the New Black If Bill Gates gave you $100 Billion to solve climate change, how would you spend it?

Energy consumption and CO2

Page 8: Green is the New Black - University of Exeter · Green is the New Black If Bill Gates gave you $100 Billion to solve climate change, how would you spend it?

The Falling Prices of Renewable Energy

• IRENA (International Renewable Energy Agency) say all renewable energy technologies should be competitive on price with fossil fuels by 2020.

Page 9: Green is the New Black - University of Exeter · Green is the New Black If Bill Gates gave you $100 Billion to solve climate change, how would you spend it?

If you are feeling generous...

•Goal set for $100 billion raised, but only $10.3 billion pledged

•Example: climate-resilient port built in Nauru

$10 billion allocated to transport

Page 10: Green is the New Black - University of Exeter · Green is the New Black If Bill Gates gave you $100 Billion to solve climate change, how would you spend it?

If you want more than your money back...

• $7.5 billion investment

• Sustainable development bond

• Colombia national urban transport

• Afghanistan rural roads and bridges

• Potential to both mitigate and adapt

Page 11: Green is the New Black - University of Exeter · Green is the New Black If Bill Gates gave you $100 Billion to solve climate change, how would you spend it?

Not all transport is equal

*Assumes bicycle has only a s ingle rider, average occupancy for London Underground and city cars. Emissions from bicycles are from agriculture

activi ties and transport required for food in an average diet, which is contestable as a emission source for this mode of tra nsport.Data from:https ://www.theguardian.com/environment/datablog/2009/sep/02/carbon-emissions-per-transport-type

Page 12: Green is the New Black - University of Exeter · Green is the New Black If Bill Gates gave you $100 Billion to solve climate change, how would you spend it?

• Health and other economic benefits estimated in the UK to be higher than the sale value of all bicycles combined

• Relatively low cost, can offer high percentage of subsidy that reaches a large amount of population at a reasonable value

• $2 billion subsidy towards 5 million bicycles per year over 5 years• $500 million for adverts and social media campaigns

Page 13: Green is the New Black - University of Exeter · Green is the New Black If Bill Gates gave you $100 Billion to solve climate change, how would you spend it?

$19.324 Billion

IPCC (2014)

Sustainable Food Production

Page 14: Green is the New Black - University of Exeter · Green is the New Black If Bill Gates gave you $100 Billion to solve climate change, how would you spend it?

$1.20324 Billion

National Geographic

Page 15: Green is the New Black - University of Exeter · Green is the New Black If Bill Gates gave you $100 Billion to solve climate change, how would you spend it?

SolutionFood Waste Reduction: 19 BillionRun a scheme similar to the Food Reduction Bill in the UK (2007-2012), targeting a reduction in demand and optimisation of the supply chain

$19 Billion

Page 16: Green is the New Black - University of Exeter · Green is the New Black If Bill Gates gave you $100 Billion to solve climate change, how would you spend it?

Behavioural Change$240,000 on social media, per

year per campaign

Page 17: Green is the New Black - University of Exeter · Green is the New Black If Bill Gates gave you $100 Billion to solve climate change, how would you spend it?

Education and Charity$4 billion on education

and charity programmes

Page 18: Green is the New Black - University of Exeter · Green is the New Black If Bill Gates gave you $100 Billion to solve climate change, how would you spend it?

Advertising $1.7 billion on advertising

Page 19: Green is the New Black - University of Exeter · Green is the New Black If Bill Gates gave you $100 Billion to solve climate change, how would you spend it?

Since delivering this presentation 456,000 metric tons of CO2 were

emitted globally