WEBVTT 99:59:59.999 --> 99:59:59.999 Have you heard the news? 99:59:59.999 --> 99:59:59.999 We're in a clean energy revolution. 99:59:59.999 --> 99:59:59.999 And where I live in Berkley, California, 99:59:59.999 --> 99:59:59.999 it seems like every day I see a new roof with new solar panels going up, 99:59:59.999 --> 99:59:59.999 electric car in the driveway. 99:59:59.999 --> 99:59:59.999 Germany sometimes gets half its power from solar, 99:59:59.999 --> 99:59:59.999 and India is now committed 99:59:59.999 --> 99:59:59.999 to building 10 times more solar than we have in California 99:59:59.999 --> 99:59:59.999 by the year 2022. 99:59:59.999 --> 99:59:59.999 Even nuclear seems to be making a comeback. 99:59:59.999 --> 99:59:59.999 Bill Gates is in China working with engineers, 99:59:59.999 --> 99:59:59.999 there's 40 different companies that are working together 99:59:59.999 --> 99:59:59.999 to try and race to build the first reactor that runs on waves, 99:59:59.999 --> 99:59:59.999 that can't melt down 99:59:59.999 --> 99:59:59.999 and is cheaper than coal. 99:59:59.999 --> 99:59:59.999 And so you might start to ask: 99:59:59.999 --> 99:59:59.999 is this whole global warming problem 99:59:59.999 --> 99:59:59.999 going to be a lot easier to solve than anybody imagined? 99:59:59.999 --> 99:59:59.999 That was the question we wanted to know, 99:59:59.999 --> 99:59:59.999 and so my colleagues and I decided to take a deep dive into the data. 99:59:59.999 --> 99:59:59.999 We were a little skeptical of some parts of the clean energy revolution's story, 99:59:59.999 --> 99:59:59.999 but what we found really surprised us. 99:59:59.999 --> 99:59:59.999 So the first thing is that clean energy has been increasing. 99:59:59.999 --> 99:59:59.999 This is electricity from clean energy sources over the last 20 years. 99:59:59.999 --> 99:59:59.999 But when you look at the percentage 99:59:59.999 --> 99:59:59.999 of global electricity from clean energy sources, 99:59:59.999 --> 99:59:59.999 it's actually been in decline from 36 percent to 31 percent. 99:59:59.999 --> 99:59:59.999 And if you care about climate change, 99:59:59.999 --> 99:59:59.999 you've got to go in the opposite direction 99:59:59.999 --> 99:59:59.999 to 100 percent of our electricity from clean energy sources 99:59:59.999 --> 99:59:59.999 as quickly as possible. 99:59:59.999 --> 99:59:59.999 Now you might wonder, 99:59:59.999 --> 99:59:59.999 "Come on, how much could five percentage points of global electricity be?" 99:59:59.999 --> 99:59:59.999 Well, it turns out to be quite a bit. 99:59:59.999 --> 99:59:59.999 it's the equivalent of 60 nuclear plants the size of Diablo Canyon -- 99:59:59.999 --> 99:59:59.999 California's last nuclear plant -- 99:59:59.999 --> 99:59:59.999 or 900 solar farms, 99:59:59.999 --> 99:59:59.999 the size of Topaz, 99:59:59.999 --> 99:59:59.999 which is one of the biggest solar farms in the world 99:59:59.999 --> 99:59:59.999 and certainly our biggest in California. 99:59:59.999 --> 99:59:59.999 The big part of this 99:59:59.999 --> 99:59:59.999 is just simply that fossil fuels are increasing faster than clean energy. 99:59:59.999 --> 99:59:59.999 And that's understandable. 99:59:59.999 --> 99:59:59.999 There's just a lot of poor countries 99:59:59.999 --> 99:59:59.999 that are using wood and dung and charcoal as their main source of energy, 99:59:59.999 --> 99:59:59.999 and they need modern fuels. 99:59:59.999 --> 99:59:59.999 But there's something else going on, 99:59:59.999 --> 99:59:59.999 which is that one of those clean energy sources in particular 99:59:59.999 --> 99:59:59.999 has actually been on the decline in absolute terms ... 99:59:59.999 --> 99:59:59.999 not just relatively. 99:59:59.999 --> 99:59:59.999 And that's nuclear. 99:59:59.999 --> 99:59:59.999 You can see it's generation has declined seven percent 99:59:59.999 --> 99:59:59.999 over the last 10 years. 99:59:59.999 --> 99:59:59.999 Now solar and wind have been making huge strides, 99:59:59.999 --> 99:59:59.999 and so you hear a lot of talk about how it doesn't really matter 99:59:59.999 --> 99:59:59.999 because solar and wind is going to make up the difference, 99:59:59.999 --> 99:59:59.999 but the data says something different. 99:59:59.999 --> 99:59:59.999 When you combine all the electricty from solar and wind, 99:59:59.999 --> 99:59:59.999 you see it actually barely makes up half of the decline from nuclear. 99:59:59.999 --> 99:59:59.999 Let's take a closer look in the United States. 99:59:59.999 --> 99:59:59.999 Over the last couple of years -- 99:59:59.999 --> 99:59:59.999 really 2013, 2014 -- 99:59:59.999 --> 99:59:59.999 we prematurely retired four nuclear power plants. 99:59:59.999 --> 99:59:59.999 They were almost entirely replaced with fossil fuels, 99:59:59.999 --> 99:59:59.999 and so the consequence was that we wiped out 99:59:59.999 --> 99:59:59.999 almost as much clean energy electricity that we get from solar. 99:59:59.999 --> 99:59:59.999 And it's not unique to us. 99:59:59.999 --> 99:59:59.999 People think of California as a clean energy and climate leader, 99:59:59.999 --> 99:59:59.999 but when we looked at the data 99:59:59.999 --> 99:59:59.999 what we found is that in fact 99:59:59.999 --> 99:59:59.999 California reduced emissions more slowly than the national average 99:59:59.999 --> 99:59:59.999 between 2000 and 2015. 99:59:59.999 --> 99:59:59.999 What about Germany? 99:59:59.999 --> 99:59:59.999 They're doing a lot of clean energy. 99:59:59.999 --> 99:59:59.999 But when you look at the data, 99:59:59.999 --> 99:59:59.999 German emissions have actually been going up since 2009, 99:59:59.999 --> 99:59:59.999 and there's really not anybody who's going to tell you 99:59:59.999 --> 99:59:59.999 that they're going to meet their climate comittments in 2020. 99:59:59.999 --> 99:59:59.999 The reason isn't hard to understand. 99:59:59.999 --> 99:59:59.999 Solar and wind provide power about 10 to 20 percent of the time, 99:59:59.999 --> 99:59:59.999 which means that when the sun's not shining, 99:59:59.999 --> 99:59:59.999 the wind's not blowing, 99:59:59.999 --> 99:59:59.999 you still need power for your hospitals, 99:59:59.999 --> 99:59:59.999 your homes, 99:59:59.999 --> 99:59:59.999 your cities, 99:59:59.999 --> 99:59:59.999 your factories. 99:59:59.999 --> 99:59:59.999 And while batteries have made some really cool improvements lately, 99:59:59.999 --> 99:59:59.999 the truth is that they're just never going to be as efficient as the electrical grid. 99:59:59.999 --> 99:59:59.999 Every time you put electricity into a battery, 99:59:59.999 --> 99:59:59.999 you take it out, 99:59:59.999 --> 99:59:59.999 you use about 20 to 40 percent of the power. 99:59:59.999 --> 99:59:59.999 That's why when in California, 99:59:59.999 --> 99:59:59.999 we tried to deal with all of the solar we brought on line -- 99:59:59.999 --> 99:59:59.999 we now get about 10 percent of electricity from solar -- 99:59:59.999 --> 99:59:59.999 when the sun goes down and people come home from work 99:59:59.999 --> 99:59:59.999 and turn on their air conditioners 99:59:59.999 --> 99:59:59.999 and their TV sets 99:59:59.999 --> 99:59:59.999 and every other appliance in the house, 99:59:59.999 --> 99:59:59.999 we need a lot of natural gas backup. 99:59:59.999 --> 99:59:59.999 So what we've been doing 99:59:59.999 --> 99:59:59.999 is stuffing a lot of natural gas into the side of a mountain. 99:59:59.999 --> 99:59:59.999 And that worked pretty well for a while, 99:59:59.999 --> 99:59:59.999 but then late last year, 99:59:59.999 --> 99:59:59.999 it sprung a leak. 99:59:59.999 --> 99:59:59.999 This is Aliso Canyon, 99:59:59.999 --> 99:59:59.999 and so much methane gas was released, 99:59:59.999 --> 99:59:59.999 it was the equivalent of putting half a million cars on the road. 99:59:59.999 --> 99:59:59.999 It basically blew through all of our climate commitments for the year. 99:59:59.999 --> 99:59:59.999 Well, what about India? 99:59:59.999 --> 99:59:59.999 Sometimes you have to go places to really get the right data, 99:59:59.999 --> 99:59:59.999 so we travelled to India a few months ago. 99:59:59.999 --> 99:59:59.999 We met with all the top officials -- 99:59:59.999 --> 99:59:59.999 solar, nuclear, the rest -- 99:59:59.999 --> 99:59:59.999 and what they told us is they said, 99:59:59.999 --> 99:59:59.999 "we're actually having more serious problems 99:59:59.999 --> 99:59:59.999 than both Germany and California. 99:59:59.999 --> 99:59:59.999 We don't have backup, 99:59:59.999 --> 99:59:59.999 we don't have all the natural gas 99:59:59.999 --> 99:59:59.999 and that's just the start of it. 99:59:59.999 --> 99:59:59.999 Say we want to get to 100 gigawatts by 2022, 99:59:59.999 --> 99:59:59.999 but last year we did just five 99:59:59.999 --> 99:59:59.999 and the year before that we did five." 99:59:59.999 --> 99:59:59.999 So let's just take a closer look at nuclear. 99:59:59.999 --> 99:59:59.999 The United Nations and our governmental panel on climate change 99:59:59.999 --> 99:59:59.999 has looked at the carbon content of all these different fuels, 99:59:59.999 --> 99:59:59.999 and nuclear comes out really low. 99:59:59.999 --> 99:59:59.999 it's actually lower even than solar. 99:59:59.999 --> 99:59:59.999 And nuclear obviously provides a lot of power -- 99:59:59.999 --> 99:59:59.999 24 hours a day, 99:59:59.999 --> 99:59:59.999 seven days a week. 99:59:59.999 --> 99:59:59.999 During a year a single plant can provide power 92 percent of the time. 99:59:59.999 --> 99:59:59.999 And what's interesting is that when you look at countries 99:59:59.999 --> 99:59:59.999 that have deployed different kinds of clean energies, 99:59:59.999 --> 99:59:59.999 there's only a few that have done so 99:59:59.999 --> 99:59:59.999 at a pace consistent with dealing with the climate crisis. 99:59:59.999 --> 99:59:59.999 So nuclear seems like a pretty good option, 99:59:59.999 --> 99:59:59.999 but there's this big problem with it, 99:59:59.999 --> 99:59:59.999 which all of you I'm sure are aware of, 99:59:59.999 --> 99:59:59.999 which is that people really don't like it. 99:59:59.999 --> 99:59:59.999 There was a study -- 99:59:59.999 --> 99:59:59.999 a survey done of people around the world -- 99:59:59.999 --> 99:59:59.999 not just in the United States or Europe -- 99:59:59.999 --> 99:59:59.999 about a year and a half ago, 99:59:59.999 --> 99:59:59.999 and what they found 99:59:59.999 --> 99:59:59.999 is that nuclear is one of the least popular forms of energy. 99:59:59.999 --> 99:59:59.999 Even oil is more popular than nuclear. 99:59:59.999 --> 99:59:59.999 And while nuclear kind of edges out coal, 99:59:59.999 --> 99:59:59.999 the thing is, 99:59:59.999 --> 99:59:59.999 people don't really fear coal in the same way that they fear nuclear, 99:59:59.999 --> 99:59:59.999 which really operates on our unconscious. 99:59:59.999 --> 99:59:59.999 So what is it that we fear? 99:59:59.999 --> 99:59:59.999 There's really three things. 99:59:59.999 --> 99:59:59.999 There's the safety of the plants themselves -- 99:59:59.999 --> 99:59:59.999 the fears that they're going to melt down and cause damage. 99:59:59.999 --> 99:59:59.999 There's the waste from them. 99:59:59.999 --> 99:59:59.999 And then there's the association with weapons. 99:59:59.999 --> 99:59:59.999 And I think understandably, 99:59:59.999 --> 99:59:59.999 engineers look at those concerns 99:59:59.999 --> 99:59:59.999 and they want to look for technological fixes. 99:59:59.999 --> 99:59:59.999 That's why Bill Gates is in China developing advanced reactors -- 99:59:59.999 --> 99:59:59.999 40 different entrepreneurs are working on this problem, 99:59:59.999 --> 99:59:59.999 and I myself have been very excited about it. 99:59:59.999 --> 99:59:59.999 We did a report: 99:59:59.999 --> 99:59:59.999 how to make nuclear cheap. 99:59:59.999 --> 99:59:59.999 In particular the Thorium reactor shows a lot of promise. 99:59:59.999 --> 99:59:59.999 And so when the climate scientist James Hansen asked 99:59:59.999 --> 99:59:59.999 if I wanted to go to China with him 99:59:59.999 --> 99:59:59.999 and look at the Chinese advanced nuclear program, 99:59:59.999 --> 99:59:59.999 I jumped at the chance. 99:59:59.999 --> 99:59:59.999 We were there with MIT 99:59:59.999 --> 99:59:59.999 and UC Berkley engineers. 99:59:59.999 --> 99:59:59.999 And I had in my mind 99:59:59.999 --> 99:59:59.999 that the Chinese would be able 99:59:59.999 --> 99:59:59.999 to do with nuclear what they did with so many other things. 99:59:59.999 --> 99:59:59.999 Just start to crank out small nuclear reactors on assembly lines, 99:59:59.999 --> 99:59:59.999 [ship] them up like iPhones of MacBooks 99:59:59.999 --> 99:59:59.999 and send them around the world -- 99:59:59.999 --> 99:59:59.999 I would get one at home in Berkley. 99:59:59.999 --> 99:59:59.999 But what I found was somewhat different. 99:59:59.999 --> 99:59:59.999 The presentations were all very exciting and very promising, 99:59:59.999 --> 99:59:59.999 and they have mutiple reactors that they're working on. 99:59:59.999 --> 99:59:59.999 The time came for the Thorium reactor and a bunch of us were excited. 99:59:59.999 --> 99:59:59.999 They went through the whole presentation, 99:59:59.999 --> 99:59:59.999 they got to the timeline, 99:59:59.999 --> 99:59:59.999 and they said, 99:59:59.999 --> 99:59:59.999 "We're going to have a Thorium molten salt reactor 99:59:59.999 --> 99:59:59.999 ready for sale to the world by 2040." 99:59:59.999 --> 99:59:59.999 And I was like, "What?" 99:59:59.999 --> 99:59:59.999 (Laughter) 99:59:59.999 --> 99:59:59.999 I looked at my colleagues and I was like, 99:59:59.999 --> 99:59:59.999 "Excuse me, 99:59:59.999 --> 99:59:59.999 can you guys speed that up a little bit?" 99:59:59.999 --> 99:59:59.999 Because we're in a little bit of a climate crisis right now -- 99:59:59.999 --> 99:59:59.999 and your cities are really polluted by the way. 99:59:59.999 --> 99:59:59.999 And they kind of responded back, 99:59:59.999 --> 99:59:59.999 they were like, 99:59:59.999 --> 99:59:59.999 "I'm not sure what you've heard about or thorium program, 99:59:59.999 --> 99:59:59.999 but we don't have a third of our budget 99:59:59.999 --> 99:59:59.999 and your department of energy hasn't been particularly forthcoming 99:59:59.999 --> 99:59:59.999 with all that data you guys have on testing reactors." 99:59:59.999 --> 99:59:59.999 And I said, "Well I've got an idea. 99:59:59.999 --> 99:59:59.999 You know how you've got 10 years where you're demonstrating that reactor? 99:59:59.999 --> 99:59:59.999 Let's just skip that part 99:59:59.999 --> 99:59:59.999 and let's just go right to commercializing it. 99:59:59.999 --> 99:59:59.999 That will save money and time." 99:59:59.999 --> 99:59:59.999 And the engineer just looked at and said, 99:59:59.999 --> 99:59:59.999 "Let me ask you a question. 99:59:59.999 --> 99:59:59.999 Would you buy a car that had never been demonstrated before?" 99:59:59.999 --> 99:59:59.999 So what about the other reactors? 99:59:59.999 --> 99:59:59.999 There's a reactor that's coming on line now, 99:59:59.999 --> 99:59:59.999 there's starting to sell it. 99:59:59.999 --> 99:59:59.999 It's a high temperature gas reactor. 99:59:59.999 --> 99:59:59.999 It can't melt down. 99:59:59.999 --> 99:59:59.999 But it's really big and bulky. 99:59:59.999 --> 99:59:59.999 That's part of the safety 99:59:59.999 --> 99:59:59.999 and nobody thinks it's going to get cheaper than the reactors that we have. 99:59:59.999 --> 99:59:59.999 The ones that use waste as fuel are really cool ideas, 99:59:59.999 --> 99:59:59.999 but the truth is 99:59:59.999 --> 99:59:59.999 we don't actually know how to do that yet. 99:59:59.999 --> 99:59:59.999 There's some risk that you actually will make more waste, 99:59:59.999 --> 99:59:59.999 and most people think 99:59:59.999 --> 99:59:59.999 that if you're including that waste part of the process, 99:59:59.999 --> 99:59:59.999 it's just going to make the whole machine a lot more expensive -- 99:59:59.999 --> 99:59:59.999 it's just adding another complicated step. 99:59:59.999 --> 99:59:59.999 And the truth is 99:59:59.999 --> 99:59:59.999 that there's real questions about how much of that we're going to do. 99:59:59.999 --> 99:59:59.999 We went to India and asked about the nuclear program, 99:59:59.999 --> 99:59:59.999 the government said before Paris, 99:59:59.999 --> 99:59:59.999 the climate talks, 99:59:59.999 --> 99:59:59.999 that they were going to do something like 30 new nuclear plants. 99:59:59.999 --> 99:59:59.999 But when we got there 99:59:59.999 --> 99:59:59.999 and we interviewed people 99:59:59.999 --> 99:59:59.999 and we even looked at the internal documents, 99:59:59.999 --> 99:59:59.999 they're now saying they're going to do about five. 99:59:59.999 --> 99:59:59.999 And in most of the world, 99:59:59.999 --> 99:59:59.999 especially the rich world, 99:59:59.999 --> 99:59:59.999 they're not talking about building new reactors. 99:59:59.999 --> 99:59:59.999 We're actually talking about taking reactors down 99:59:59.999 --> 99:59:59.999 before their lifetimes are over. 99:59:59.999 --> 99:59:59.999 Germany's actually pressuring its neighbors to do that. 99:59:59.999 --> 99:59:59.999 I mentioned the United States -- 99:59:59.999 --> 99:59:59.999 we could lose half of our reactors over the next 15 years, 99:59:59.999 --> 99:59:59.999 which would wipe out 40 percent of the emissions reductions 99:59:59.999 --> 99:59:59.999 we're supposed to get under the clean power plan. 99:59:59.999 --> 99:59:59.999 And of course in Japan, 99:59:59.999 --> 99:59:59.999 they took all their nuclear plants offline, 99:59:59.999 --> 99:59:59.999 replaced them with coal, natural gas, oil-burning, 99:59:59.999 --> 99:59:59.999 and they're only expected to bring online about a third to two-thirds. 99:59:59.999 --> 99:59:59.999 So when we went through the numbers, 99:59:59.999 --> 99:59:59.999 and just added that up: 99:59:59.999 --> 99:59:59.999 how much nuclear do we see China and India bringing online 99:59:59.999 --> 99:59:59.999 over the next 15 years, 99:59:59.999 --> 99:59:59.999 how much do we see at risk of being taken offline. 99:59:59.999 --> 99:59:59.999 This was the most startling finding. 99:59:59.999 --> 99:59:59.999 What we found is that the world is actually as risk 99:59:59.999 --> 99:59:59.999 of losing four times more clean energy than we lost of the last 10 years. 99:59:59.999 --> 99:59:59.999 In other words, 99:59:59.999 --> 99:59:59.999 we're not in a clean energy revolution, 99:59:59.999 --> 99:59:59.999 We're in a clean energy crisis. 99:59:59.999 --> 99:59:59.999 So it's understandable that engineers would look for a technical fix 99:59:59.999 --> 99:59:59.999 to the fears that people have of nuclear. 99:59:59.999 --> 99:59:59.999 But when you consider that these are big challenges to do, 99:59:59.999 --> 99:59:59.999 that they're going to take a long time to solve, 99:59:59.999 --> 99:59:59.999 there's this other issue, 99:59:59.999 --> 99:59:59.999 which is that 99:59:59.999 --> 99:59:59.999 are those technical fixes really going to solve people's fears? 99:59:59.999 --> 99:59:59.999 Let's take safety. 99:59:59.999 --> 99:59:59.999 You know, despite what people think, 99:59:59.999 --> 99:59:59.999 it's hard to figure out how to make nuclear power much safer. 99:59:59.999 --> 99:59:59.999 I mean every medical journal that looks at it -- 99:59:59.999 --> 99:59:59.999 this is the most recent study from the British journal Lancet, 99:59:59.999 --> 99:59:59.999 one the the most respected journals in the world -- 99:59:59.999 --> 99:59:59.999 nuclear is the safest way to make reliable power. 99:59:59.999 --> 99:59:59.999 Everybody's scared of the accidents. 99:59:59.999 --> 99:59:59.999 So you go look at the accident data -- 99:59:59.999 --> 99:59:59.999 Fukushima, 99:59:59.999 --> 99:59:59.999 Chernobyl -- 99:59:59.999 --> 99:59:59.999 World Health Organization finds the same thing: 99:59:59.999 --> 99:59:59.999 the vast majority of harm is caused by people panicking -- 99:59:59.999 --> 99:59:59.999 and they're panicking because they're afraid. 99:59:59.999 --> 99:59:59.999 In other words, 99:59:59.999 --> 99:59:59.999 the harm that's caused isn't actually caused by the machines 99:59:59.999 --> 99:59:59.999 or the radiation. 99:59:59.999 --> 99:59:59.999 It's caused by our fears. 99:59:59.999 --> 99:59:59.999 And what about the waste? 99:59:59.999 --> 99:59:59.999 Everyone worries about the waste. 99:59:59.999 --> 99:59:59.999 Well the interesting thing about the waste is how little of it there is. 99:59:59.999 --> 99:59:59.999 This is just from one plant. 99:59:59.999 --> 99:59:59.999 If you take all the nuclear waste we've ever made in the United States, 99:59:59.999 --> 99:59:59.999 put it on a football field, 99:59:59.999 --> 99:59:59.999 stacked it up, 99:59:59.999 --> 99:59:59.999 it would only reach 20 feet high. 99:59:59.999 --> 99:59:59.999 And people say it's poisoning people or doing something -- 99:59:59.999 --> 99:59:59.999 it's not, it's just sitting there, 99:59:59.999 --> 99:59:59.999 it's just being monitored. 99:59:59.999 --> 99:59:59.999 There's not very much of it. 99:59:59.999 --> 99:59:59.999 By contrast, 99:59:59.999 --> 99:59:59.999 the waste that we don't control from energy production -- 99:59:59.999 --> 99:59:59.999 we call it pollution 99:59:59.999 --> 99:59:59.999 and it kills seven million people a year 99:59:59.999 --> 99:59:59.999 and it's threatening very serious levels of global warming. 99:59:59.999 --> 99:59:59.999 And the truth is that even if we get good at using that waste as fuel, 99:59:59.999 --> 99:59:59.999 there's always going to be some fuel left over, 99:59:59.999 --> 99:59:59.999 and that means there's always going to be those people that think it's a big problem 99:59:59.999 --> 99:59:59.999 for reasons that maybe don't have to do with the actual waste as we think. 99:59:59.999 --> 99:59:59.999 Well, what about the weapons? 99:59:59.999 --> 99:59:59.999 Maybe the most surprising thing is that we can't find any examples 99:59:59.999 --> 99:59:59.999 of countries that have nuclear power 99:59:59.999 --> 99:59:59.999 and then, "Oh," decide to get a weapon. 99:59:59.999 --> 99:59:59.999 In fact it works the opposite. 99:59:59.999 --> 99:59:59.999 What we find is that 99:59:59.999 --> 99:59:59.999 the only way we know how to get rid of large numbers of nuclear weapons 99:59:59.999 --> 99:59:59.999 is by using the plutonium in the warheads as fuel in our nuclear power plants. 99:59:59.999 --> 99:59:59.999 And so if you are wanting to get the world rid of nuclear weapons, 99:59:59.999 --> 99:59:59.999 then we're going to need a lot more nuclear power. 99:59:59.999 --> 99:59:59.999 (Applause) 99:59:59.999 --> 99:59:59.999 As I was leaving China, 99:59:59.999 --> 99:59:59.999 the engineer that brought Bill Gates there kind of pulled me aside 99:59:59.999 --> 99:59:59.999 and he said, 99:59:59.999 --> 99:59:59.999 "You know, Michael, I appreciate you interest 99:59:59.999 --> 99:59:59.999 in all the different nuclear supply technologies, 99:59:59.999 --> 99:59:59.999 but there's this more basic issue, 99:59:59.999 --> 99:59:59.999 which is that there's just not enough global demand. 99:59:59.999 --> 99:59:59.999 I mean we can crank out these machines on assembly lines, 99:59:59.999 --> 99:59:59.999 we do know how to make things cheap, 99:59:59.999 --> 99:59:59.999 but there's just not enough people that want them." 99:59:59.999 --> 99:59:59.999 And so let's do solar and wind and efficiency and conservation. 99:59:59.999 --> 99:59:59.999 Let's accelerate the advanced nuclear programs. 99:59:59.999 --> 99:59:59.999 I think we should triple the amount of money we're spending on it. 99:59:59.999 --> 99:59:59.999 But I just think the most important thing, 99:59:59.999 --> 99:59:59.999 if we're going to overcome the climate crisis, 99:59:59.999 --> 99:59:59.999 is to keep in mind that the cause of the clean energy crisis 99:59:59.999 --> 99:59:59.999 isn't from within our machines, 99:59:59.999 --> 99:59:59.999 it's from within ourselves. 99:59:59.999 --> 99:59:59.999 Thank you very much. 99:59:59.999 --> 99:59:59.999 (Applause)