 Quickly address this issue. It's top of the news. Everywhere, of course, Biden is in, where is he? Oh, in Glasgow. Glasgow, I don't know if you guys have ever been to Glasgow. Have I been to Glasgow? I don't know if I've been to Edinburgh. I'm not sure now I've been to Glasgow ever. I know I've been to Edinburgh. Edinburgh is pretty cool. Edinburgh is where Adam Smith was and where much of the Scottish enlightenment happened. But maybe I've never been to Glasgow. Anyway, as you know, President Biden is in Glasgow to meet with the other leaders of the, I don't know, the developed world. And they are, it is a climate summit. They are discussing climate. You know, John Kerry, who is President's Biden's special climate envoy. So he is the expert on all things climate. You know, John Kerry has stated that this summit is the last best hope for the world to get its act together. Implying by that, that if we don't get our act together now, I guess the world comes to an end. The oceans rise and we all drown or maybe just it gets so hot. We all just melt away. But it's that kind of hysteria that I think this credits and disqualifies the whole agenda, sadly. It really is pathetic. Look, it's very, very likely. It's very, very likely that the world is warming, that there is warming going on. And so that's likely. But the idea that, you know, the idea that this is catastrophic, the idea that this is gonna wipe us all out, you know, it's true some places could maybe flood. I don't know the science. I'm not an expert in the science of climate change. I don't pretend. I don't completely trust the scientists that are advocating for this. But, you know, maybe some of the, some areas will flood, people will have to move. Insurance rates will go up as long as the government doesn't subsidize them. On coastal areas are low, very low places. I mean, if you live in Florida, maybe some of you should be worried. Probably not everybody, but a few people. Maybe some cities, maybe Miami will have to invest in some flood mitigation technology and holding back the oceans. I don't know, but, you know, there are gonna be some disruptions. But according to the United Nations itself, right? If global economic growth from now until 2010 is just average, just leave it at average, right? Then, you know, the average person today, the average person in the world today will be 450% richer than he is today, right? Just if we do nothing, right? If assuming, which is ridiculous because things are not gonna stay static, but assuming economic growth continues at the same pace it's going in, which is not very high. If we do nothing about climate change, that will reduce, according to the United Nations, I have no idea what the real number is, according to the United Nations, that will reduce the amount of growth that an average person in terms of his wealth will see from 450 to 434. So all of this for 16% difference in relative wealth. I mean, that's nutty. And of course, what they're proposing to do will probably reduce economic growth globally. Dramatically. If we went off of us our fuels quicker, rather than slower, that would dramatically reduce economic growth in a global sense. So, and if we institute policies that were pro-capitalist, 450% strikes me as really super low between now and 2100, 2100, you know, if the globe, oh God, let's see if I can run the calculation pretty quickly, if the globe grew at 5% to the power of how many years are left until 2100, that's, what year are we at? That's 78, 70, 78 years, something like that. Oops. Yeah, that's, okay, that's the 450%. Huh, that's average growth. Add one or two percentage growth to that. I mean, it's harder to imagine. And you know what 450% means? No, it's much more than 450%. There's no way it's only 450%. 450% means 4.5 times, right? Yeah, 3.5 times. Anyway, 100% would be double, 200% would be triple, 400% would be, okay. So it's five times. No, if economic growth was significantly was, God, why is this so hard? This is math, this should be simple. Jennifer, help me here. 1.05 to the power of 78 equals 44.9. 44.9, right? That is, that's 44 times, right? So economic growth could be much higher than 450%. I'm going, I'm going brain dead here. Maybe I've lost a few IQ points over the weekend. I don't know, but the whole thing is just absurd. And you know, what we really need to combat the real problems in the world is more economic growth. What we really need is more freedom. What we really need is more capitalism. The problems in the world have to do with the fact that there's still a billion people in poverty. How do you get them out of poverty? Capitalism. Problem in the world is that we just had COVID that, you know, depending on how you count it, maybe killed 5 million people worldwide. How do you solve COVID? Not by reducing, by so-called, you know, by reducing use of carbon fuels. You do that by freeing up medical technologies. You know, the problem in the world is maybe growing authoritarianism in China. How do you deal with that? By getting much, much richer. No, it's not 3.5, 100% is double. Yeah, so 3.5 times. Yes. Yeah, exactly, 4,400%. Thank you. Yeah, they missed the zero. If the world economy grew at 5% a year, for the next 78 years, it would grow by 4,400%. 4,300, because you have to take one off. So 4,300%, that's right. Not 450%. Is 5% possible for economic growth globally? Absolutely. That's what capitalism would bring us. You know, what we need today is not a program to reduce carbon fuels, which is creating a real crisis in Europe. We'll see how many people die this winter in Europe because they don't have enough heating. What we need is massive investment in fracking. So we get more natural gas. What we need is, you know, massive investment in freedom and a reduction in state intervention. We are safer today from climate than we've ever been. A few people die from climate events, they're not more storms, natural disasters of all kinds killed, but half a million people a year a century ago, 500,000 people died a year of climate related, weather related natural disasters, not earthquakes, just weather related natural disasters, half a million people. This year we're on track to have about 6,000 deaths, 6,000 down from 500,000. 5 million people died from COVID. Where should we be investing? It's just so nutty, the hysteria, right? Yeah, I mean, by their own estimates, it was case scenario, sea rise is seven meters. Seven meters in Puerto Rico would make, you know, a lot of the beachfront properties would flood. All right, people would have to move away from the beach. They'd have to go to the new beach, which would be a few meters behind the old beach. Why is the whole world apoplectic over the fact that we have to move a little bit away from the beach? So anyway, this is theater, this is hysteria, this is, you know, another millennial cult out there advocating for the end of the world. And, you know, we need to pay attention to it because what they want to do is sacrifice us today for some theoretical threat in the future, for some ridiculous threat in the future. You know, as somebody's mentioned, Venice theme has mentioned Venice. Venice is sinking right now because nobody has invested new technology into the preservation of Venice because of, because of what? Because of environmentalists won't let them. So a hundred years from now, they might not be Venice, but that has nothing to do with climate change, has everything to do without unwillingness to use technology to save Venice. I've been to Venice and there's a museum there where they show you a number of different proposals on how to save Venice. And they're not that expensive, they're not that complicated and they're not that difficult. Nobody will do it because of the environmentalists, you can't mess with nature, but the only way human beings survive is by messing with nature, it's by changing nature to fit our means. Thank you for listening or watching the Iran Book Show. If you'd like to support the show, we make it as easy as possible for you to trade with me. You get value from listening, you get value from watching, show your appreciation. You can do that by going to iranbrookshow.com slash support by going to Patreon, subscribe star locals and just making a appropriate contribution on any one of those, any one of those channels. Also, if you'd like to see the Iran Book Show grow, please consider sharing our content and of course, subscribe. Press that little bell button right down there on YouTube so that you get an announcement when we go live. And for those of you who are already subscribers and those of you who are already supporters of the show, thank you. I very much appreciate it.