I want to start by talking about some of the inventions that shape the lives we
the inventions that shape the lives we
the inventions that shape the lives we as humankind have today so let’s start
as humankind have today so let’s start
as humankind have today so let’s start with clean water and sanitation since
with clean water and sanitation since
with clean water and sanitation since 1990 2.6 billion people have obtained
1990 2.6 billion people have obtained
1990 2.6 billion people have obtained access to a cleaner water source
access to a cleaner water source
access to a cleaner water source globally at that run rate it will be
globally at that run rate it will be
globally at that run rate it will be another 2,000 people before I finish
another 2,000 people before I finish
another 2,000 people before I finish speaking with you today
speaking with you today
speaking with you today vaccinations in the last 30 years the
vaccinations in the last 30 years the
vaccinations in the last 30 years the percentage of infant’s vaccinated
percentage of infant’s vaccinated
percentage of infant’s vaccinated against diseases like tetanus and
against diseases like tetanus and
against diseases like tetanus and whooping cough has grown from about 40
whooping cough has grown from about 40
whooping cough has grown from about 40 to over 85% smallpox is gone polio is
to over 85% smallpox is gone polio is
to over 85% smallpox is gone polio is almost gone and many many others are on
almost gone and many many others are on
almost gone and many many others are on the run
the run
the run antibiotics my grandfather was born in
antibiotics my grandfather was born in
antibiotics my grandfather was born in Ireland in 1897 and as a young man he
Ireland in 1897 and as a young man he
Ireland in 1897 and as a young man he got a small infection under his
got a small infection under his
got a small infection under his fingernail that just got completely out
fingernail that just got completely out
fingernail that just got completely out of control and his arm had to be
of control and his arm had to be
of control and his arm had to be amputated today entirely preventable
amputated today entirely preventable
amputated today entirely preventable with antibiotics so these are just a few
with antibiotics so these are just a few
with antibiotics so these are just a few of the things along with access to
of the things along with access to
of the things along with access to energy that give us the lives we know
energy that give us the lives we know
energy that give us the lives we know today and we’ve made enormous progress
today and we’ve made enormous progress
today and we’ve made enormous progress worldwide and ensuring the world’s
worldwide and ensuring the world’s
worldwide and ensuring the world’s poorest people gain more and more access
poorest people gain more and more access
poorest people gain more and more access to these basic services that many of us
to these basic services that many of us
to these basic services that many of us in the developed world take for granted
in the developed world take for granted
in the developed world take for granted now we’ll talk more about energy at a
now we’ll talk more about energy at a
now we’ll talk more about energy at a topic I care deeply about it’s important
topic I care deeply about it’s important
topic I care deeply about it’s important because 80% of the world’s population
because 80% of the world’s population
because 80% of the world’s population now have access to electricity and that
now have access to electricity and that
now have access to electricity and that number has grown enormously over the
number has grown enormously over the
number has grown enormously over the years as economies have developed all
years as economies have developed all
years as economies have developed all over the world and it’s key because as
over the world and it’s key because as
over the world and it’s key because as you can see energy use per capita is
you can see energy use per capita is
you can see energy use per capita is very highly correlated with GDP per
very highly correlated with GDP per
very highly correlated with GDP per capita and we see the opposite effect
capita and we see the opposite effect
capita and we see the opposite effect when we look at energy use per capita
when we look at energy use per capita
when we look at energy use per capita and the correlation with share of the
and the correlation with share of the
and the correlation with share of the population in extreme poverty some
population in extreme poverty some
population in extreme poverty some plain-language
plain-language
plain-language having access to energy drives economies
having access to energy drives economies
having access to energy drives economies forward and vice-versa and that means
forward and vice-versa and that means
forward and vice-versa and that means more people with more money in their
more people with more money in their
more people with more money in their pockets that allows them to go and
pockets that allows them to go and
pockets that allows them to go and be empowered and get access to the basic
be empowered and get access to the basic
be empowered and get access to the basic goods and services I just described that
goods and services I just described that
goods and services I just described that improves their quality of life and that
improves their quality of life and that
improves their quality of life and that includes things like smart phones with
includes things like smart phones with
includes things like smart phones with data plans so they can go and watch this
data plans so they can go and watch this
data plans so they can go and watch this TED talk what a wonderful story but
TED talk what a wonderful story but
TED talk what a wonderful story but there is a problem three-quarters of
there is a problem three-quarters of
there is a problem three-quarters of global energy demand today is provided
global energy demand today is provided
global energy demand today is provided by fossil fuels coal oil and gas all the
by fossil fuels coal oil and gas all the
by fossil fuels coal oil and gas all the reserves of these fuels are absolutely
reserves of these fuels are absolutely
reserves of these fuels are absolutely enormous an estimates vary on this a bit
enormous an estimates vary on this a bit
enormous an estimates vary on this a bit but global energy demand between now and
but global energy demand between now and
but global energy demand between now and 2050 is likely to decline a little or
2050 is likely to decline a little or
2050 is likely to decline a little or grow a lot and that is a big problem
grow a lot and that is a big problem
grow a lot and that is a big problem because as all of you know we have this
because as all of you know we have this
because as all of you know we have this enormous threat of climate change and
enormous threat of climate change and
enormous threat of climate change and the global carbon budget is incredibly
the global carbon budget is incredibly
the global carbon budget is incredibly important as an international community
important as an international community
important as an international community we’ve signed up to a climate change
we’ve signed up to a climate change
we’ve signed up to a climate change target of just 1.5 degrees and
target of just 1.5 degrees and
target of just 1.5 degrees and unfortunately it’s unlikely that we’ll
unfortunately it’s unlikely that we’ll
unfortunately it’s unlikely that we’ll get there if we take an extreme scenario
get there if we take an extreme scenario
get there if we take an extreme scenario if we were to burn all the fossil fuel
if we were to burn all the fossil fuel
if we were to burn all the fossil fuel reserves I mentioned a moment ago the
reserves I mentioned a moment ago the
reserves I mentioned a moment ago the climate could warm by 18 degrees in the
climate could warm by 18 degrees in the
climate could warm by 18 degrees in the coming three centuries even taking a
coming three centuries even taking a
coming three centuries even taking a less extreme scenario missing the 1.5
less extreme scenario missing the 1.5
less extreme scenario missing the 1.5 degree target is a big big deal so
degree target is a big big deal so
degree target is a big big deal so you’ll be sitting there and asking
you’ll be sitting there and asking
you’ll be sitting there and asking yourselves is there any good news well
yourselves is there any good news well
yourselves is there any good news well there is renewable energy prices
there is renewable energy prices
there is renewable energy prices continue to fall exponentially and I
continue to fall exponentially and I
continue to fall exponentially and I mean fall beyond any of us and what any
mean fall beyond any of us and what any
mean fall beyond any of us and what any of us in the industry even thought just
of us in the industry even thought just
of us in the industry even thought just two years ago it’s absolutely incredible
two years ago it’s absolutely incredible
two years ago it’s absolutely incredible renewable energy generation is now the
renewable energy generation is now the
renewable energy generation is now the cheapest form of new electricity
cheapest form of new electricity
cheapest form of new electricity generation fact it just keeps falling
generation fact it just keeps falling
generation fact it just keeps falling and falling and we know that renewable
and falling and we know that renewable
and falling and we know that renewable energy generation will be the largest
energy generation will be the largest
energy generation will be the largest share of new electricity generation to
share of new electricity generation to
share of new electricity generation to be added to grids worldwide because it’s
be added to grids worldwide because it’s
be added to grids worldwide because it’s getting cheaper and it’s getting better
getting cheaper and it’s getting better
getting cheaper and it’s getting better and that includes technologies such as
and that includes technologies such as
and that includes technologies such as batteries electric vehicles and other
batteries electric vehicles and other
batteries electric vehicles and other technologies designed to help integrate
technologies designed to help integrate
technologies designed to help integrate renewable energy into the grid
will all of that be enough probably not
will all of that be enough probably not our politicians are balancing what is
our politicians are balancing what is
our politicians are balancing what is possible with what is affordable with
possible with what is affordable with
possible with what is affordable with what’s acceptable but unfortunately
what’s acceptable but unfortunately
what’s acceptable but unfortunately while it’s moving in the right direction
while it’s moving in the right direction
while it’s moving in the right direction it’s just not getting us there and this
it’s just not getting us there and this
it’s just not getting us there and this is why we need to be worried so this is
is why we need to be worried so this is
is why we need to be worried so this is a study that was released recently that
a study that was released recently that
a study that was released recently that that looked at as you get warmer
that looked at as you get warmer
that looked at as you get warmer temperatures and longer heat waves you
temperatures and longer heat waves you
temperatures and longer heat waves you get to a point where people die from
get to a point where people die from
get to a point where people die from heat stress today this is not some
heat stress today this is not some
heat stress today this is not some futuristic picture this is happening
futuristic picture this is happening
futuristic picture this is happening right now in a part of the world home to
right now in a part of the world home to
right now in a part of the world home to over one-fifth of the world’s population
over one-fifth of the world’s population
over one-fifth of the world’s population if we don’t get this under control we
if we don’t get this under control we
if we don’t get this under control we will have major problems because human
will have major problems because human
will have major problems because human life is not compatible with heat stress
life is not compatible with heat stress
life is not compatible with heat stress if we were to get warming of just say 10
if we were to get warming of just say 10
if we were to get warming of just say 10 degrees the area of land made
degrees the area of land made
degrees the area of land made uninhabitable due to heat stress would
uninhabitable due to heat stress would
uninhabitable due to heat stress would make the area of land made uninhabitable
make the area of land made uninhabitable
make the area of land made uninhabitable due to rising sea levels which we always
due to rising sea levels which we always
due to rising sea levels which we always hear about looks small so we need a
hear about looks small so we need a
hear about looks small so we need a different approach to tackle this huge
different approach to tackle this huge
different approach to tackle this huge global problem and I’d like to go back
global problem and I’d like to go back
global problem and I’d like to go back to some moments in history to examine
to some moments in history to examine
to some moments in history to examine moments of change and look at this
moments of change and look at this
moments of change and look at this problem in that context so in 1215 King
problem in that context so in 1215 King
problem in that context so in 1215 King John signed the Magna Carta and that was
John signed the Magna Carta and that was
John signed the Magna Carta and that was the first step in putting power into the
the first step in putting power into the
the first step in putting power into the hands of the people prior to that
hands of the people prior to that
hands of the people prior to that feudalism was the model where whatever
feudalism was the model where whatever
feudalism was the model where whatever the king said went King would lock you
the king said went King would lock you
the king said went King would lock you up or kill you or whatever jump forward
up or kill you or whatever jump forward
up or kill you or whatever jump forward a few centuries to the 1600s in Europe
a few centuries to the 1600s in Europe
a few centuries to the 1600s in Europe was at war and following that the
was at war and following that the
was at war and following that the concept of nation states and
concept of nation states and
concept of nation states and international law was created the idea
international law was created the idea
international law was created the idea was that nations should have sovereignty
was that nations should have sovereignty
was that nations should have sovereignty over their borders and domestic affairs
over their borders and domestic affairs
over their borders and domestic affairs and around the same time the early forms
and around the same time the early forms
and around the same time the early forms of the modern corporation were emerging
of the modern corporation were emerging
of the modern corporation were emerging where nations created companies such as
where nations created companies such as
where nations created companies such as the Dutch East India Company so what you
the Dutch East India Company so what you
the Dutch East India Company so what you can see is the concept of the consumer
can see is the concept of the consumer
can see is the concept of the consumer citizen the nation-state and the
citizen the nation-state and the
citizen the nation-state and the corporation had emerged and what we’ve
corporation had emerged and what we’ve
corporation had emerged and what we’ve seen lots of change since then
seen lots of change since then
seen lots of change since then perhaps no change so significant as what
perhaps no change so significant as what
perhaps no change so significant as what we’re seeing now as a result of
we’re seeing now as a result of
we’re seeing now as a result of technology driving information
technology driving information
technology driving information transparency and content connectivity
transparency and content connectivity
transparency and content connectivity this revolution is Magna Carta 2.0 and
this revolution is Magna Carta 2.0 and
this revolution is Magna Carta 2.0 and it’s changing how corporations and
it’s changing how corporations and
it’s changing how corporations and States interact with consumers and
States interact with consumers and
States interact with consumers and citizens all over the world and I think
citizens all over the world and I think
citizens all over the world and I think this change of putting power back into
this change of putting power back into
this change of putting power back into the hands of the people will be required
the hands of the people will be required
the hands of the people will be required to tackle the problem I discussed so
to tackle the problem I discussed so
to tackle the problem I discussed so there are some examples of Magna Carta
there are some examples of Magna Carta
there are some examples of Magna Carta 2.0 playing out right now in energy I’d
2.0 playing out right now in energy I’d
2.0 playing out right now in energy I’d like to talk to you about those so in
like to talk to you about those so in
like to talk to you about those so in India 240 million people have no access
India 240 million people have no access
India 240 million people have no access to electricity despite enormous progress
to electricity despite enormous progress
to electricity despite enormous progress in recent years it’s a huge problem and
in recent years it’s a huge problem and
in recent years it’s a huge problem and in that context pollinate energy is a
in that context pollinate energy is a
in that context pollinate energy is a social enterprise that is rolling out
social enterprise that is rolling out
social enterprise that is rolling out solar lighting and other sustainable
solar lighting and other sustainable
solar lighting and other sustainable products to over 100,000 people I like
products to over 100,000 people I like
products to over 100,000 people I like the example because it shows what can be
the example because it shows what can be
the example because it shows what can be done as well as the size of the
done as well as the size of the
done as well as the size of the challenge jump now to Africa where
challenge jump now to Africa where
challenge jump now to Africa where 800,000 people have had their lives
800,000 people have had their lives
800,000 people have had their lives impacted by renewable energy in Mali in
impacted by renewable energy in Mali in
impacted by renewable energy in Mali in western Africa this is due to the great
western Africa this is due to the great
western Africa this is due to the great work of the Mari Mali Folk center who
work of the Mari Mali Folk center who
work of the Mari Mali Folk center who are rolling out renewable energy
are rolling out renewable energy
are rolling out renewable energy projects on the ground so think about
projects on the ground so think about
projects on the ground so think about this if that’s possible in Mali where
this if that’s possible in Mali where
this if that’s possible in Mali where only 30 percent of people have access to
only 30 percent of people have access to
only 30 percent of people have access to electricity in the first place what’s
electricity in the first place what’s
electricity in the first place what’s possible here in Australia where our GDP
possible here in Australia where our GDP
possible here in Australia where our GDP per capita is 64 times greater and we
per capita is 64 times greater and we
per capita is 64 times greater and we have a well-developed electricity system
have a well-developed electricity system
have a well-developed electricity system well about an hour from here in
well about an hour from here in
well about an hour from here in Melbourne
Melbourne
Melbourne there’s a community-owned wind farm
there’s a community-owned wind farm
there’s a community-owned wind farm called Hepburn wind they own two
called Hepburn wind they own two
called Hepburn wind they own two turbines those two turbines generate
turbines those two turbines generate
turbines those two turbines generate enough electricity every year for 2,000
enough electricity every year for 2,000
enough electricity every year for 2,000 pounds it’s just a wonderful story and I
pounds it’s just a wonderful story and I
pounds it’s just a wonderful story and I love the story because I know the
love the story because I know the
love the story because I know the challenges of financing building and
challenges of financing building and
challenges of financing building and operating wind farms and I love the
operating wind farms and I love the
operating wind farms and I love the example because the company I run is
example because the company I run is
example because the company I run is working in partnership with Hepburn wind
working in partnership with Hepburn wind
working in partnership with Hepburn wind to help them develop their goals now you
to help them develop their goals now you
to help them develop their goals now you might say well look that sounds good but
might say well look that sounds good but
might say well look that sounds good but how big can this actually be how much of
how big can this actually be how much of
how big can this actually be how much of a contribution can Magna Carta 2.0 make
a contribution can Magna Carta 2.0 make
a contribution can Magna Carta 2.0 make to the world well let’s do the maths so
to the world well let’s do the maths so
to the world well let’s do the maths so here’s Hepburn wind it’s about an hour
here’s Hepburn wind it’s about an hour
here’s Hepburn wind it’s about an hour from Melbourne as I mentioned within 25
from Melbourne as I mentioned within 25
from Melbourne as I mentioned within 25 kilometers of that community
kilometers of that community
kilometers of that community windfarm about 25,000 people live
windfarm about 25,000 people live
windfarm about 25,000 people live Australia’s got a population of 24
Australia’s got a population of 24
Australia’s got a population of 24 million Sophie just divided do the maths
million Sophie just divided do the maths
million Sophie just divided do the maths there about a thousand similar sized
there about a thousand similar sized
there about a thousand similar sized communities all across Australia by
communities all across Australia by
communities all across Australia by coincidence there are thousand of you
coincidence there are thousand of you
coincidence there are thousand of you here today so if just one quarter of
here today so if just one quarter of
here today so if just one quarter of those communities were to develop a
those communities were to develop a
those communities were to develop a similar sized wind or solar farm in
similar sized wind or solar farm in
similar sized wind or solar farm in their community we would have added the
their community we would have added the
their community we would have added the capacity of a coal-fired power station
capacity of a coal-fired power station
capacity of a coal-fired power station to the grid
to the grid
to the grid now think about rooftop solar which many
now think about rooftop solar which many
now think about rooftop solar which many of you will have 1.5 million homes
of you will have 1.5 million homes
of you will have 1.5 million homes across Australia have rooftop solar and
across Australia have rooftop solar and
across Australia have rooftop solar and every time we get another 200,000
every time we get another 200,000
every time we get another 200,000 installations we add the capacity of a
installations we add the capacity of a
installations we add the capacity of a coal-fired power station to the grid and
coal-fired power station to the grid and
coal-fired power station to the grid and this revolution won’t just be on the
this revolution won’t just be on the
this revolution won’t just be on the supply side technology is changing and
supply side technology is changing and
supply side technology is changing and empowering consumers of energy and
empowering consumers of energy and
empowering consumers of energy and electricity more than ever before as we
electricity more than ever before as we
electricity more than ever before as we see that happening in many sectors
see that happening in many sectors
see that happening in many sectors across the economy the company I run is
across the economy the company I run is
across the economy the company I run is making a contribution in this area by
making a contribution in this area by
making a contribution in this area by trying to provide information and
trying to provide information and
trying to provide information and transparency and choice to consumers of
transparency and choice to consumers of
transparency and choice to consumers of electricity where they just did not have
electricity where they just did not have
electricity where they just did not have that before so on 1215 King John knew
that before so on 1215 King John knew
that before so on 1215 King John knew things had to change we’re in a similar
things had to change we’re in a similar
things had to change we’re in a similar position today and the change today is
position today and the change today is
position today and the change today is been driven by technology and for the
been driven by technology and for the
been driven by technology and for the first time large numbers of stakeholders
first time large numbers of stakeholders
first time large numbers of stakeholders can influence how nations and corporates
can influence how nations and corporates
can influence how nations and corporates act and in fact there’s an enormous
act and in fact there’s an enormous
act and in fact there’s an enormous opportunity for corporates to go and
opportunity for corporates to go and
opportunity for corporates to go and partner with communities and consumers
partner with communities and consumers
partner with communities and consumers and stakeholders and those stakeholders
and stakeholders and those stakeholders
and stakeholders and those stakeholders are you sitting in that chair or
are you sitting in that chair or
are you sitting in that chair or watching this video now is the time and
watching this video now is the time and
watching this video now is the time and if I could share one last idea with you
if I could share one last idea with you
if I could share one last idea with you it is that you have the power to put
it is that you have the power to put
it is that you have the power to put that into your hands now is the time to
that into your hands now is the time to
that into your hands now is the time to make a contribution get amongst it
make a contribution get amongst it
make a contribution get amongst it because if all of you do we do stand a
because if all of you do we do stand a
because if all of you do we do stand a chance thank you very much
chance thank you very much
chance thank you very much [Applause]
”
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